Global Tax Evasion Report 2024, foreword by much beloved Joseph Stiglitz.

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https://www.taxobservatory.eu/publication/global-tax-evasion-report-2024/

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They celebrate the end of bank secrecy and build on that. Suggesting a centralized global asset registry. Wealth taxes on billionares (and mentioning centi and deca-millionares as a direction where this all is going). Allegedly the most problematic asset for tax evasion is off-shore real estate. Whatever that means.

Interesting bit is that non public companies are hard to value, so the govts should say what the value is deduct wealth taxes based on that? Wow.

BTW do you trust your government more when they tax the rich harder? Of course you do and that's another benefit of global wealth taxes!

"Cryptocurrency" gets a mention in one paragraph. We early.

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"Beyond real estate, cryptocurrency is the next frontier. The market valuation of cryptocurrency currently

exceeds $1 trillion, up from $20 billion in 2017. The rapid increase in market valuation has raised questions

over risks of tax evasion and money laundering, prompting the OECD to develop a specific reporting

standard for cryptocurrencies called CARF (Crypto-Asset Reporting Framework). The European Union

has introduced this reporting requirement into a new Directive on Administrative Cooperation (DAC8)

voted in May 2023. However, shortcomings remain, including the fact that DAC does not account for all

relevant transactions in crypto-assets."

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your posts make me sad

😭