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A bit of a click-bait title as the article does not show how much or little the super-rich of Scandinavia pay. Just a study on how much tax they are avoiding. A
by njarboe 9y ago
A bit of a click-bait title as the article does not show how much or little the super-rich of Scandinavia pay. Just a study on how much tax they are avoiding. And with the super-rich of Scandinavia only evading 30% of their taxes, I think I would agree with a sentence at the end of the article:
"... maybe the data should cause even more surprise: despite the best efforts of a lucrative global tax-evasion industry, Scandinavia’s ultra-rich are paying 70% of their taxes."
Wonder what a similar study in of people in the US would say (not that one could really know what people are evading, or the IRS would prosecute more people)
- aaronbrethorst 9y ago> or the IRS would prosecute more people Funny you might say that! https://theintercept.com/2017/10/27/david-kautter-trumps-irs-chief-oversaw-accounting-firm-fined-for-illicitly-helping-wealthy-avoid-taxes/ https://theintercept.com/2017/10/27/david-kautter-trumps-irs...
- njarboe 9y agoOne could say he will be a great at the IRS as he has extensive and hard to acquire knowledge on how people work around the US tax code. He can use that to catch cheaters. Or one could say the revolving door revolved some more.
- waspleg 9y ago26 - 0 vote, now you know who runs both parties; the rich.
- gozur88 9y agoAn accounting firm helps clients avoid taxes? You don't say!
- ZainRiz 9y agoAnd this doesn't count "legal" tax deductions that might be considered unfair. This is only a measure of illegal evasions
- platz 9y agoThe point is still that middle-class Scandinavians have a culture of paying taxes where where in the U.S we try to find ways to avoid paying taxes, and at the worst case there is Greece which abhors paying taxes at all costs
- gozur88 9y ago>A bit of a click-bait title as the article does not show how much or little the super-rich of Scandinavia pay. Just a study on how much tax they are avoiding. Not even that. It's just a guess at who has money in offshore accounts. That's not proof of anything.