Process
Status Items Output None Questions None Claims None Highlights Done See section below
Highlights
id583742407
Tax evasion is carried out largely by various terrible outlaw oligarchs and is against the law. By contrast, tax avoidance is conducted by the world’s most prestigious corporations and is totally legal, because the tax avoiders write the tax laws.
id583742273
the two practices will allow corporations and the superwealthy to underpay their taxes over the next 10 years by $5 trillion.
id583743041
Countries are realizing that rather than competing against each other to raise a small amount of total revenue from big corporations, they should cooperate and raise substantially more. The only losers would be tax havens and shady billionaires.