The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions

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The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions image
ISBN-10:

150954349X

ISBN-13:

9781509543496

Author(s): Collins, Chuck
Edition: 1
Released: Apr 12, 2021
Publisher: Polity
Format: Paperback, 240 pages
Related ISBN: 9781509543489

Description:

For decades, a secret army of tax attorneys, accountants and wealth managers has been developing into the shadowy Wealth Defence Industry. These 'agents of inequality' are paid millions to hide trillions for the richest 0.01%. 

In this book, inequality expert Chuck Collins, who himself inherited a fortune, interviews the leading players and gives a unique insider account of how this industry is doing everything it can to create and entrench hereditary dynasties of wealth and power. He exposes the inner workings of these "agents of inequality", showing how they deploy anonymous shell companies, family offices, offshore accounts, opaque trusts, and sham transactions to ensure the world's richest pay next to no tax. He ends by outlining a robust set of policies that democratic nations can implement to shut down the Wealth Defence Industry for good. 

This shocking exposé of the insidious machinery of inequality is essential reading for anyone wanting the inside story of our age of plutocratic plunder and stashed cash.

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