Miscellaneous
40% of multinational profits are shifted to tax havens each year. Despite the Panama Papers, despite the Occupy movement, despite rising inequality and our annual outrage over Amazon's zero tax burden, we STILL don't talk about tax avoidance nearly enough. This week we spoke to Ludvig Wier, one of a team of researchers from the University of California, Berkeley and the University of Copenhagen who have mapped what the global tax regime really looks like about how it works, what went so wrong and how we might go about changing it. Follow along with the interview here: https://missingprofits.world/ Background reading on the colonial history of tax avoidance: https://www.theguardian.com/world/2019/may/28/uk-and-territories-are-greatest-enabler-of-tax-avoidance-study-says Check out Ludvig's other project, Economists Without Borders: https://kph-projects.dk/pf/economists-without-borders/