comment 0

Tax Evasion by the 1% (of the 1%)

This graph, made and based in research by economists Annette Alstadsæter, Niels Johannesen, Gabriel Zucman, shows that in Scandinavian countries the top  1% – or even: the top 1% of the top 1% – manages to evade up to some 25% of the taxes owed, while the average is a mere 2.8%. The superrich can conceal their assets and income. These results are based audits conducted randomly by tax authorities and new data leaked, e.g. from HSBC Switzerland (the ‘Swiss leaks’). (source)

Leave a Reply