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March 25th, 2008

What? Tax Changes Benefit the Wealthy?

Over the past ten years, the tax burden on wages has eased in most of the world’s industrial countries, according to the Organization for Economic Co-operation and Development (OECD). Those changes have benefited the lower and middle class, for the most part.
Only, there some exceptions. The OECD pointed fingers at a small group […]

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February 27th, 2008

Liechtenstein Inquiry Grows

The crackdown on tax evaders who depend on Liechtenstein in order to shield income has escalated.
Nine countries from the Organization for Economic and Co-operation Development (OECD), Britain, France, Italy, Spain, Canada, Sweden, the United States, Australia and New Zealand, have reportedly received and are examining information on Liechtenstein accounts from two banks. The Bundesnachrichtendienst […]

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December 16th, 2006

Au Revoir, Les Taxes!

Sooo… Elizabeth Taylor reportedly tried to do it. Ditto Madonna and, if you believe the rumours, the rock group U2. Yeah, you know what I’m talking about: moving to avoid taxes.
It’s not just the US with complaints about taxation. Many countries in the EU routinely complain about their high rates of taxation, among the highest […]

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