[Peace-discuss] $21tn of wealth offshore – as much as the American and Japanese GDPs put together

[C. G. Estabrook]

> £13tn hoard hidden from taxman by global elite
> 
> • Study estimates staggering size of offshore economy
> • Private banks help wealthiest to move cash into havens
> 
> A global super-rich elite has exploited gaps in cross-border tax rules to
> hide an extraordinary £13 trillion ($21tn) of wealth offshore – as much as
> the American and Japanese GDPs put together – according to research
> commissioned by the campaign group Tax Justice Network.
> 
> http://www.guardian.co.uk/business/2012/jul/21/global-elite-tax-offshore-economy
> 
> http://www.taxjustice.net/cms/front_content.php?idcat=148
> 
> http://www.amazon.com/Treasure-Islands-Uncovering-Offshore-Banking/dp/0230105017/ref=sr_1_1?ie=UTF8&qid=1299621250&sr=8-1
>