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How much tax revenue are we losing to offshore havens? (A lot...)

 
Anonymous Coward
User ID: 75290913
Hungary
07/27/2017 05:44 AM
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How much tax revenue are we losing to offshore havens? (A lot...)
This discrepancy can’t be blamed entirely on offshore tax havens – some is attributable to other tax breaks like deductions for manufacturing income or writeoffs for capital losses during the Great Recession – but Zucman estimates that offshore tax schemes are responsible for about two-thirds of the decline in the effective tax rate since 1998, representing a loss of over $100 billion for the U.S. treasury in 2013.

Some people estimates as $21 trillion btw...


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Anonymous Coward
User ID: 75279859
United States
07/27/2017 05:48 AM
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Re: How much tax revenue are we losing to offshore havens? (A lot...)
The US government should just confiscate all privately owned, well, everything!

For the children!

flag waver:money:flag waver
Anonymous Coward
User ID: 73477125
United Kingdom
07/27/2017 05:53 AM
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Re: How much tax revenue are we losing to offshore havens? (A lot...)
Off-Shore Havens are where the 'Elite' stash all the money. By removing it from circulation they are able to 'squeeze' us.

I believe the process is called 'The Grinding'.

For what purpose do they do this?

Well let's just say that the answer is highly controversial.
Anonymous Coward
User ID: 70502558
United Kingdom
07/27/2017 07:11 AM
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Re: How much tax revenue are we losing to offshore havens? (A lot...)
This discrepancy can’t be blamed entirely on offshore tax havens – some is attributable to other tax breaks like deductions for manufacturing income or writeoffs for capital losses during the Great Recession – but Zucman estimates that offshore tax schemes are responsible for about two-thirds of the decline in the effective tax rate since 1998, representing a loss of over $100 billion for the U.S. treasury in 2013.

Some people estimates as $21 trillion btw...


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 Quoting: Anonymous Coward 75290913
So you enjoy paying tax to criminal governments? Sure you do, you're an eastern bloc commie.
Anonymous Coward (OP)
User ID: 75290913
Hungary
07/27/2017 07:20 AM
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Re: How much tax revenue are we losing to offshore havens? (A lot...)
This discrepancy can’t be blamed entirely on offshore tax havens – some is attributable to other tax breaks like deductions for manufacturing income or writeoffs for capital losses during the Great Recession – but Zucman estimates that offshore tax schemes are responsible for about two-thirds of the decline in the effective tax rate since 1998, representing a loss of over $100 billion for the U.S. treasury in 2013.

Some people estimates as $21 trillion btw...


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 Quoting: Anonymous Coward 75290913
So you enjoy paying tax to criminal governments? Sure you do, you're an eastern bloc commie.
 Quoting: Anonymous Coward 70502558


You will scream for eastern block comies, when china will take over the UK though.

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Anonymous Coward
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United States
07/27/2017 07:22 AM
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Re: How much tax revenue are we losing to offshore havens? (A lot...)
good. fuck the gov.





GLP