PPRuNe Forums - View Single Post - Panama Papers and the biz jet

7th Apr 2016, 02:36

#10 (permalink)

galaxy flyer

Join Date: Dec 2002

Location: Where the Quaboag River flows, USA

Age: 71

Posts: 3,411

Likes: 1

Received 3 Likes on 3 Posts

Lower the tax rates in the US and Europe and much of the problem goes away. High tax rates are the incentive to hide money. OTOH, tin pot dictators will steal from their victims, I mean citizens and need to hide their ill-gotten gains.

GF

Reply