Arnoldas Pranckevičius gave us a rather controversial speech about the European Union. The experience gained during...
Arnoldas Pranckevičius gave us a rather controversial speech about the European Union. The experience gained during the years working in the European Comissi...
Nearly half of Americans say that money is one of the most challenging subjects to talk about, but Michael Thomas...
Nearly half of Americans say that money is one of the most challenging subjects to talk about, but Michael Thomas Jr. wants to change that. As a PhD student ...
Slicing the cake Latin America's progress in reducing poverty is starting to slow. For more video content from The...
Slicing the cake Latin America's progress in reducing poverty is starting to slow. For more video content from The Economist visit our website: http://econ.s...
James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even...
James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
Part Two: https://www.youtube.com/watch?v=j0kLX2aPgo8&list=PLkA3jcdbA5kTwKf5gHchrJliKCMTM__7B&index=2 Part Three:...
Part Two: https://www.youtube.com/watch?v=j0kLX2aPgo8&list=PLkA3jcdbA5kTwKf5gHchrJliKCMTM__7B&index=2 Part Three: https://www.youtube.com/watch?v=Lr8Qx0SyrYI...
Stella Young ist Komikerin und Journalistin; sie verbringt den Tag zufällig im Rollstuhl. Diese Tatsache, das möchte...
Stella Young ist Komikerin und Journalistin; sie verbringt den Tag zufällig im Rollstuhl. Diese Tatsache, das möchte sie deutlich sagen, macht sie nicht auto...
Joel Salatin is an American farmer, lecturer, and author whose books include You Can Farm and Salad Bar Beef....
Joel Salatin is an American farmer, lecturer, and author whose books include You Can Farm and Salad Bar Beef. Salatin raises livestock using holistic methods...