Résumé du livre
Gabriel Zucman is a French author and economics professor at the University of California, Berkeley. He is also a frequent contributor to the Quarterly Journal of Economics.
Tax havens continue to undermine global economies, draining billions in tax revenue and exacerbating inequality. In 2014, they cost the world $200 billion, with Europe alone losing $78 billion, forcing budget cuts that disproportionately harm middle- and working-class families. Meanwhile, the wealthy conceal trillions in offshore accounts, with European assets in Swiss banks reaching $1.3 trillion that year. Corporate tax avoidance compounds the issue, as multinationals exploit legal loopholes like transfer pricing to shift profits to low-tax jurisdictions, costing the U.S. $130 billion annually. Historical patterns show how tax havens emerged, from Switzerland’s rise post-WWI to deregulation in the 1980s, which expanded havens globally. Today, $7.6 trillion—8% of global wealth—remains hidden, creating severe economic imbalances. While efforts like the 2009 G20 summit and FATCA have made some progress, loopholes and political hypocrisy persist. A proposed two-part solution includes a global FATCA to penalize non-cooperative tax havens and an international wealth database to enhance transparency and combat financial crimes. The fight against tax havens remains critical to addressing economic inequality and restoring balance.
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