Tax Evasion
With new figures out, Lesley Curwen and her guests debate how much money the developing world is missing out on because of tax cheats. Are governments going to act to stop it?
At least $21 trillion of untaxed private wealth was invested in global tax havens in 2010, according to a report from the Tax Justice Network.
Lesley Curwen and her guests debate whether the fight against poverty is being undermined by tax cheating in low-income countries. Are governments going to act to stop it? And after the massive power cuts in India, how would you cope with two days without electricity?
Lesley Curwen and her guests debate tax evasion.
Plus, it's pants! Those power blackouts inspire In the Balance's resident comedian, Colm O'Regan, to look at growing pains.
Lesley's guests are James Henry, who wrote The Price of Offshore Revisited for the Tax Justice Network; Ronnie Ludwig, a partner in the accountancy firm Saffery Champness and a former tax inspector with expertise in tax havens, and the leading economist Jagdish Bhagwati, Professor of Economics and Law at Columbia University in New York, who writes extensively on trade and development.
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- Sat 4 Aug 2012 08:32GMT大象传媒 World Service Online
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In the Balance
The biggest financial stories and why they matter to us all.