Economist: Trillions of Dollars Are In Offshore Accounts. It’s Illegal. And It’s Ours To Tax!
According to some reports, the “Super Rich” are hiding $21 trillion offshore. And according to that same report,if all that offshore money earned 3% a year and were taxed at 30%, it would raise almost $200 billion in revenue.
James Henry, author of “The Blood Bankers: Tales from the Global Underground Economy”, says those accounrts are ILLEGAL, the money is ours to tax and getting it back is easy! What say you? LISTEN to Tom’s interview with James Henry: