In October's TJN Taxcast: Helsinki declares itself a tax haven-free zone, Starbucks joins the tax avoidance Roll of Dishonour and we follow the money: asset recovery, dictators and the selling of secrecy.
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Any chance of the Taxcast doing a feature on this Richard?
“So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan”
http://www.telegraph.co.uk/finance/comment/9623863/IMFs-epic-plan-to-conjure-away-debt-and-dethrone-bankers.html
I don’t understand all the detail but my main reservation would be that state backed money could still be usurped by special interest if other harsh laws banning corporate influence on the state aren’t brought in. And although there are radical thinkers at the IMF, the probability is they will be ignored at the behest of those who go along with what ‘the market’ thinks and wants to hear. And the market will probably just see such a plan as demolishing their nice little earner…
What do the rest of us think?
I am not sure it is a Taxcast issue
It is undoubtedly an issue
I think monetary reform is vital
I don’t think it is a Taxcast
I do think it is a real issue