• Governance – Systemic Corruption, Banking Supervision, Management Quality & Financial ‘Innovation’
G7 countries cost the world $115 billion in lost tax – USA & UK contribute to the MISERY of the people in several countries. African finance ministers call for a UN tax convention.
What a SHAME that the South Asian
countries did not join the African finance ministers. South Asia is one
of the worst regions to live in for honest people. Systemic Corruption and
gross inequalities have moved the Misery Index up in these
countries. The flawed democracies have been further weakened.
Butler Britain
https://www.thetaxcast.com/butler-britain/
Professor Martin Gilens: USA-Testing
Theories of American Politics: Elites, Interest Groups, and Average Citizens
Contributing to the misery of the people of the WORLD – USA & UK in
G7
|
|
Corporate Tax Haven Ranking 2021 |
*Financial Secrecy Index Ranking - 2022 |
Tax Lost each year |
**Tax Loss inflicted each year
on other countries |
|
U.K. |
13 |
13 |
$52,029,341,283 |
$68,198,968,483 |
|
USA |
25 |
*1* |
$113,488,990,625 |
$19,900,470,703 |
|
Canada |
Not Available |
28 |
$5,305,697,848 |
$18,679,483,863 |
|
Japan |
Not Available |
6 |
$15,159,352,154 |
Not Available |
|
France |
18 |
30 |
$41,336,757,533 |
$4,639,016,113 |
|
Italy |
27 |
21 |
$6,417,793,667 |
$3,726,934,355 |
|
Germany |
23 |
7 |
$43,725,952,013 |
$467,790,558 |
Non-G7
contributing to the misery of the people
|
Switzerland |
5 |
2 |
$5,568,302,135 |
$21,037,859,176 |
|
Singapore |
9 |
3 |
$4,277,795,723 |
$30,519,183,512 |
Cryptos, ‘Hawala” and other Alternative Remittance
Systems and banks continue to be the channels for the flow of laundered funds. In systemically corrupt countries banks are
rarely prosecuted for money laundering. Murky election funding is a very
important cause for the continuing systemic rot.
Money Launderers
and Tax evaders in systemically corrupt countries park their tainted money in
“mature markets” and/or flee to the “mature democracies”.
Reference
https://taxjustice.net/country-profiles/united-kingdom/
https://taxjustice.net/country-profiles/united-states/
https://taxjustice.net/country-profiles/japan/
https://taxjustice.net/country-profiles/italy/
https://taxjustice.net/country-profiles/germany/
https://taxjustice.net/country-profiles/france/
https://taxjustice.net/country-profiles/switzerland/
https://taxjustice.net/country-profiles/singapore/
Professor Dr Ms.Saldanha, Tom Wein and Dr. Cait
Lamberton: Let’s put dignity at the heart
of government
https://apolitical.co/solution-articles/en/lets-put-dignity-at-the-heart-of-government
MIT
Library - Customers and Investors: A Framework for
Understanding the Evolution of Financial Institution