Tax revenue is being lost as the richest 1 percent stash their profits and riches overseas. This lost tax revenue means less or no new bridges, highways, parks, schools or new infrastructure. The richest of the rich avoid paying taxes by stashing their riches in tax havens, where no taxes are paid to anyone. Eventually, this money is brought ‘home’ tax free, thus avoiding all taxes. It is estimated that 30 TRILLION dollars are being hidden overseas.
Much more at;Paradise Papers – Appleby Legal Firm Paradise Of The Richest Rich – Created The Worst Hell Of The Poor – Billionaires Are Supported By The Burdening Of Middle Class, Stealing From Poor – Trump, Cabinet Members, Advisers And Major Donors Are Implicated – Trump’s Russian Connections | A Green Road Journal