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Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts

 
Anonymous Coward
User ID: 16349095
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07/21/2012 10:49 PM
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Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
[link to www.internationalpeaceandconflict.org]

Apparently, that's a conservative estimate. It could be as much as $31 trillion dollars or roughly 75% of the entire world's debt.

As if we needed another reminder of our permanent servitude to the world's financial elite.
Anonymous Coward (OP)
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07/21/2012 10:59 PM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
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Saddletramp

User ID: 80172
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07/21/2012 11:16 PM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
If I say it's mine, can I claim it?!?!?

I would even pay the back taxes...I can even describe what it looks like, 5 stacks of money each the size of the Emprie State Building!!!
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
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Egypt
07/21/2012 11:20 PM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
Pyramid crumbling ...

muaha
Anonymous Coward (OP)
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07/22/2012 12:26 AM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
Pyramid crumbling ...

muaha
 Quoting: Anonymous Coward 20082582


Yeah, seriously. The more I learn about economics, the more fearful I've become of a complete meltdown.
Anonymous Coward (OP)
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07/22/2012 12:43 AM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
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G3

User ID: 1531577
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07/22/2012 12:49 AM

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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
Thread: Secret occult economy coming out of the shadows? OVER A TRILLION DOLLARS OF FEDERAL RESERVE NOTES & GOVERNMENT BONDS STOLEN!

Thread: Global banking crisis? What global banking crisis? Thousands of quadrillions of hidden monies revealed to be held in multiple off ledger accounts

dominoes
Anonymous Coward
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07/22/2012 12:57 AM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
God bless these "tax cheats". Avoiding a highly illegal and unconstitutional income tax to avoid giving their money to Shaniqua Jackson so she can have more welfare babies. So they can use it to reinvest in their business and employees and their brave investors who risked their $$$ to help them out. God bless them, true American patriots! We should all be so smart.
Anonymous Coward
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Egypt
07/22/2012 11:24 AM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
That's it? That's the only responses to this? This should be PINNED!!!!!!!!
Anonymous Coward
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United Kingdom
07/22/2012 11:30 AM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
Super-rich stash $21 tn in offshore havens

Wealthy tax evaders, aided by private banks have exploited loopholes in tax legislation and stashed over $21 tn in offshore funds, says a report. The capital drained from some developing countries since 1970 would be enough to pay off national debts.

[link to www.rt.com]


Tax havens: Super-rich 'hiding' at least $21tn


A global super-rich elite had at least $21 trillion (£13tn) hidden in secret tax havens by the end of 2010, according to a major study.

The figure is equivalent to the size of the US and Japanese economies combined.

[link to www.bbc.co.uk]
Anonymous Coward
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Georgia
07/22/2012 11:52 AM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
Why are they making such a big story out of this now. 2nd top story on BBC News website, for instance. Has something changed and this is some new tactic to try and deflect people's anger during the collapse - towards a bunch of people who shall be known only as "the global elite"?

What do they expect us all to do - go and take all this "money" somehow?
Anonymous Coward (OP)
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07/22/2012 12:21 PM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
Why are they making such a big story out of this now. 2nd top story on BBC News website, for instance. Has something changed and this is some new tactic to try and deflect people's anger during the collapse - towards a bunch of people who shall be known only as "the global elite"?

What do they expect us all to do - go and take all this "money" somehow?
 Quoting: Anonymous Coward 2771636


No, we can't get that money. We need to be prepared, though, for the sudden realization that our total economic system has failed. Soon, friends, soon enough we'll be more than economically enslaved to the corporations and the elite that run them.
Anonymous Coward
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07/22/2012 12:45 PM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
God bless these "tax cheats". Avoiding a highly illegal and unconstitutional income tax to avoid giving their money to Shaniqua Jackson so she can have more welfare babies. So they can use it to reinvest in their business and employees and their brave investors who risked their $$$ to help them out. God bless them, true American patriots! We should all be so smart.
 Quoting: Anonymous Coward 20095775


^THIS^

If i had it i would hide it,if i could...and fuck the greedy GOVS of the world!
G3

User ID: 1531577
United States
07/22/2012 02:27 PM

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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
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MR_BURNS

User ID: 53971684
Australia
02/06/2014 12:12 PM
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Re: Report: $21 trillion dollars hidden in tax-free, off-shore bank accounts
did you tell them about the hacker yet??





GLP