Money is slipping through loopholes, tax havens [1]

The Marietta Times

L. P. McGovern, August 14, 2012

Interesting headline recently in a British newspaper: "Wealth Doesn't Trickle Down - It Just Floods Offshore, Research Reveals." The article goes on to state that "$21 trillion in assets have been lost to global tax havens." 21 trillion. That's the number 21 followed by 12 zeroes.

Later in the story, it goes on to state that $21 trillion is probably an under-estimation, that the real figure is probably closer to $32 trillion. But, when you're successfully hiding your money from the tax man in places like Bermuda or the Cayman Islands, what's a trillion or so, more or less?

To read the rest of this story, visit MariettaTimes.com. [2]