Offshore: Stealth Wealth and the New Colonialism by Brooke Harrington
It's a must read book for everyone no matter where you live because the offshore caste and it's crimes touch everyone: be it by financial crises they frequently make, jacking up prices of real estates, depriving citizens of revenue money, topple democracies, illegally destroy the rainforest and launder the money, and then blame it all on trans people, cancel culture, immigrants, wokeism, and black people.
It's basically a new form of colonialism where the practically non existent offshore country is oppressing other countries.
It's a must read book for everyone no matter where you live because the offshore caste and it's crimes touch everyone: be it by financial crises they frequently make, jacking up prices of real estates, depriving citizens of revenue money, topple democracies, illegally destroy the rainforest and launder the money, and then blame it all on trans people, cancel culture, immigrants, wokeism, and black people.
It's basically a new form of colonialism where the practically non existent offshore country is oppressing other countries.
Quote:Economists like Zucman estimate that flows of private individuals’ wealth to offshore companies, trusts, and foundations cost nations of the world at least $110 billion each year in lost tax revenue, plus untold amounts of stolen foreign aid and other proceeds of corruption. Another $500 billion is lost each year due to multinational firms’ use of offshore. Depriving states of the tax revenues needed to provide essential public services
More than twenty years ago, Charles Rossotti, who was then the commissioner of the U.S. Internal Revenue Service, estimated that average taxpayers are subjected to a 15 percent surcharge to make up for what the ultra-rich aren’t paying. It is a consummate irony that a country whose creation story centers on the revolt of citizens against tax injustice—the Boston Tea Party—now tolerates paying an involuntary and undisclosed subsidy to support tax avoidance by the wealthiest members of society.
A CNN report estimates that between 2008 and 2019, Musk benefited from at least $6.7 billion in federal cash infusions and regulatory credits to support his businesses, which were frequently on the verge of bankruptcy. Without that public assistance, “Musk wouldn’t be the richest person in the world,” one securities analyst told CNN. “It was really U.S. taxpayers that helped get him through his roughest time.” Yet true to form, Musk used aggressive wealth management techniques in order to pay little or no tax for years, while vehemently opposing any legislation that might require billionaires to pay their fair share.
teachings of the Bible are so muddled and self-contradictory that it was possible for Christians to happily burn heretics alive for five long centuries. It was even possible for the most venerated patriarchs of the Church, like St. Augustine and St. Thomas Aquinas, to conclude that heretics should be tortured (Augustine) or killed outright (Aquinas). Martin Luther and John Calvin advocated the wholesale murder of heretics, apostates, Jews, and witches. - Sam Harris, "Letter To A Christian Nation"
