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The Wealth Detective Who Finds the Hidden Money of the Super Rich

The Wealth Detective Who Finds the Hidden Money of the Super Rich

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  • I love the idea of a people's detective. Dedicated to exposure and accountability.

  • The huge amounts of wealth hidden from taxation is why we can't find a way to pay for infrastructure, education, etc.

  • Liberals love data, except, judging by their sneering or downright outrage at the mention of "wealth tax", when it exposes the unfairness of the system they've profited from. Because Zucman and Saez's dataset of wealth estimates, the most comprehensive ever compiled, is clear in its conclusion: the rich

    Liberals love data, except, judging by their sneering or downright outrage at the mention of "wealth tax", when it exposes the unfairness of the system they've profited from. Because Zucman and Saez's dataset of wealth estimates, the most comprehensive ever compiled, is clear in its conclusion: the rich are getting richer (the top 0.1% of taxpayers control 20% of American wealth, the highest share since 1929) while the poor are getting poorer (the bottom 90% have only 26%; the bottom half combined have a negative net worth).

    We are going back to the feudal ages and if we want to buck the trend, we need a wealth tax.

  • It's almost shocking that this kind of language is in Bloomberg Businessweek, but this is the age we live in:

    "In April, Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund, called the widening U.S. economic divide a 'national emergency' that, left unaddressed, will lead to

    It's almost shocking that this kind of language is in Bloomberg Businessweek, but this is the age we live in:

    "In April, Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund, called the widening U.S. economic divide a 'national emergency' that, left unaddressed, will lead to 'some form of revolution.'"

    It's clear that we're experiencing state capture by the very wealthy who are gaming all of the levers of an open democracy. We need an aggressive response now.

  • If you can find it on a spreadsheet it wasn't really hidden. What is hidden is the response of tax agencies and governments to the Panama papers. That flash of financial dynamite was short lived.