Daily Archives: August 12, 2016

Tax-Avoidance Experts – Trade invoice fraud cost U.S. $2.3 trillion in tax revenue

Tax-Avoidance Experts – Trade invoice fraud cost U.S. $2.3 trillion in tax revenue Corporate tax evasion and money laundering have cost the U.S. $2.3 trillion in tax revenue, according to an analysis by a professor at Florida International University. FIU College … Continue reading

Posted in NetHappenings

U.S. Banking Is a Clone of Society: One-Tenth of One Percent Have the Bulk of the Wealth

The two greatest periods of wealth inequality in the United States (the 1920s and today) have one critical element in common – there was no Glass-Steagall Act. The absence of the Glass-Steagall Act allows Wall Street banks to use the … Continue reading

Posted in NetHappenings