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Most Helpful Customer Reviews
2 of 2 people found the following review helpful:
5.0 out of 5 stars
Enlightening at the same time depressing,
By Elle et belle "Lecteur" (France) - See all my reviews
This review is from: Treasure Islands: Tax Havens and the Men who Stole the World (Paperback)
The book is a must for those who would like to know why it is that the wealthy, super wealthy and global corporations can choose just how little tax they want to pay. The book is informative, very well researched, with no added jargonese.I liked reading the book but at it's conclusion I was left with the feeling that "yes" it's immoral, amoral, certainly illegal but there's such an all-pervading miasma embedded in the global financial system that it's impossible to see clearly who the bad guys are and where the tax evasion subterfuge and illegality starts and ends. It painfully and depressingly points up the fact that there are no alternatives to the system we have now so unfortunately we're stuck with it, reform it? Paying tax voluntarily when it's not necessary? You must be joking! However, given the same level of wealth would I act any differently? I really don't know if I would is my honest response. What the book does in part and I'm glad that it does is to rehabilitate John Maynard Keynes ideas of appropriate state intervention when necessary and nations being in control of their economies which they clearly are not. It's a real pity that Keynes didn't get his way in the late 40s when he wanted to make the international transfer of capital unlawful/illegal. Had he had his way I don't think we would have seen and subsidised the recent financial disaster and Mr Shaxton would have written something other than this book. Don't let me get started on Milton Friedman - the charlatan A good if gloomy read especially if you want to understand the serpentine nature of the system. This would be despite your probable desire to retain a degree of optimism regarding the positive, altruistic aspects of human nature.
15 of 18 people found the following review helpful:
5.0 out of 5 stars
What's gone wrong.....,
By
This review is from: Treasure Islands: Tax Havens and the Men who Stole the World (Paperback)
Nicholas Shaxon has written an excellent, well referenced , substantive book on how the money system works. Governments collude with financiers, and business interests, to make and take easy options for the benefit of the wealthy. The book is truly a revelation, and does much to explain how the sub prime crisis in the US morphed inexorably as institutions wrapped their packages in ever more complex instruments, built on an avalanche of cheap money. Shocking, un-putdownable, a brilliant piece of writing. Every Economics student should read this book. It should be mandatory for all Bankers and Financial Investment people to read and understand the immorality of their profession.
78 of 95 people found the following review helpful:
5.0 out of 5 stars
'Taxes are for the little people',
By bucky (london) - See all my reviews
This review is from: Treasure Islands: Tax Havens and the Men who Stole the World (Paperback)
A brilliant expose of tax havens and tax avoidance.Quite topical with all these tory types not paying their fair share but be warned this book is bad for your blood pressure if you are one of the unfortunates who do pay your fair share in taxes. Its frightening how little the rich contribute to the countries they make their money from.Murdoch's companies pay about 6% tax in Britain,which shows what a parasite he is.Every honest tax payer should read this book.
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