Lost annual tax income is five times amount needed to halve world poverty by 2015

"Currently the rentier class has parked $11.5 trillion in offshore havens - the lost annual tax income is, according to Tax Justice Network, five times what the World Bank estimated was needed to halve world poverty by 2015" (page 16).

Dinyar Godrej, "Debt - a global scam," New Internationalist, (2013): 14.

#economy #poverty #wealthdistribution #inequality #income #taxes