State Debts - The Primal German Fear (tags)
Unlike a private homebuilder, the state can be indebted and never expect the entire debt to be repaid. For most, taxes are a book with seven seals. A tax-cutting lobby exploits our unease over taxes for their purposes. Social cohesion declines and milieu egoism increases.
Tax Flight, Tax Avoidance and the Contribution of the Rich to Society (tags)
Multinational businesses cause the greatest losses through tax flight and tax avoidance. Between $21 and $32 trillion are invested in tax havens. Tax flight is a problem for democracy. Without tax revenues, politics renounces on creative possibilities.