Title
Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens,Used
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A thrilling ride inside the world of tax havens and corporate mastermindsWhile the United States experiences recession and economic stagnation and European countries face bankruptcy, experts struggle to make sense of the crisis. Nicholas Shaxson, a former correspondent for the Financial Times and The Economist, argues that tax havens are a central cause of all these disasters.In this hard hitting investigation he uncovers how offshore tax evasion, which has cost the U.S. 100 billion dollars in lost revenue each year, is just one item on a long rap sheet outlining the damage that offshoring wreaks on our societies. In a riveting journey from Moscow to London to Switzerland to Delaware, Shaxson dives deep into a vast and secret playground where bankers and multinational corporations operate side by side with nefarious tax evaders, organized criminals and the world's wealthiest citizens. Tax havens are where all these players get to maximize their own rewards and leave the middle class to pick up the bill.With eye opening revelations, Treasure Islands exposes the culprits and its victims, and shows how:*Over half of world trade is routed through tax havens*The rampant practices that precipitated the latest financial crisis can be traced back to Wall Street's offshoring practices*For every dollar of aid we send to developing countries, ten dollars leave again by the backdoorThe offshore system sits much closer to home than the pristine tropical islands of the popular imagination. In fact, it all starts on a tiny island called Manhattan. In this fast paced narrative, Treasure Islands at last explains how the system works and how it's contributing to our ever deepening economic divide.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages does the book have? A: This book has two hundred seventy-two pages. It provides a detailed exploration of offshore banking and tax havens.
- Q: What is the binding type of this book? A: The book is paperback bound. This makes it lightweight and easy to carry.
- Q: What are the dimensions of the book? A: The dimensions are six point one two inches in length, zero point six four inches in width, and nine point two five inches in height. These measurements make it a standard-sized paperback.
- Q: Who is the author of this book? A: The author is Nicholas Shaxson. He is known for his investigative work on tax havens and financial issues.
- Q: What genre does this book belong to? A: This book belongs to the genre of Economic Policy and Development. It discusses the impact of tax havens on global economies.
- Q: Is this book suitable for young adults? A: Yes, this book is suitable for young adults. It covers complex financial topics, making it ideal for readers interested in economics.
- Q: How can I use the insights from this book? A: You can use the insights to understand the implications of tax havens on economies. It provides valuable information for anyone interested in economic policy.
- Q: Is this book appropriate for beginners in economic studies? A: Yes, it is appropriate for beginners. The narrative style makes complex ideas accessible to new readers.
- Q: What themes are covered in the book? A: The themes include tax evasion, economic inequality, and the role of offshore banking. It provides a comprehensive view of these critical issues.
- Q: How should I care for this paperback book? A: To maintain the book's condition, store it in a dry place and avoid exposure to direct sunlight. This will help preserve its pages and cover.
- Q: What is the shelf-life of the content in this book? A: The content is relevant as of its publication and provides historical context. However, economic situations may evolve, so continuous learning is recommended.
- Q: What if the book arrives damaged? A: If the book arrives damaged, you should contact the seller for a replacement or refund. Most sellers have customer service policies for such issues.
- Q: Can I return the book if I don't like it? A: Yes, you can typically return the book if it is in its original condition. Check the return policy of the seller for specific details.
- Q: What if I have questions about the content? A: If you have questions about the content, consider reaching out to book clubs or discussion forums. Engaging with others can enhance your understanding.
- Q: Is there a warranty for this book? A: No, books generally do not come with warranties. However, you can rely on return policies for unsatisfactory conditions.
- Q: How does this book compare to others in its genre? A: This book offers a unique investigative perspective on tax havens, distinguishing it from others that may focus solely on economic theory.