I’m utterly gripped by Oliver Bullough’s Moneyland and its account of the meta-country being built through the ability of global elites to escape national jurisdictions, facilitated by an army of lawyers, accountants and wealth managers. One of the most incisive themes concerns the acceleration of this corruption and the difficulty which it creates for public or private investigators […]
Tag: tax
In my search for ‘defensive elites’, which is to say high-net worth individuals exhibiting insecurity and defensiveness about their position within society, I’ve tended to focus on the business world. But this fabulously readable book by Harry Browne, The Frontman: Bono (in the Name of Power), suggests I’ve cast the net too narrowly. From loc […]
This was Donald Trump’s stance only a couple of decades ago. From pg 222 of Never Enough: Donald Trump and the Pursuit of Success: Trump attempted a more serious pose, traveling to Capitol Hill to tell a congressional committee that he thought they should raise taxes on the rich. Reagan tax cuts that had reduced […]
From John Urry’s Offshoring, location 1109: Cameron’s father, Ian Cameron, indeed made his fortune through tax avoidance. He took advantage in the 1980s of the new climate of less-regulated investment after Margaret Thatcher abolished exchange controls in Britain in 1979. This enabled money to be moved in and out of the country without it being […]
