A large part of the rich pay hardly any tax. We are not talking about schlemielen who drive a few kilometers too much with a company car, but about handy guys with sophisticated constructions to avoid as much load as possible. What are the options for getting the money here?
Own that does not exist
Tax havens were frequently in the news in 2013. For example, it is now generally known that the Netherlands plays an important role in the international tax avoidance network. The United States tax authority, the IRS, has extensive experience with financial cowboys exploring the loopholes of the tax code and acting aggressively against tax evaders. The tax authorities in most other Western countries do the same. Anglo-Saxon law (and that of Liechtenstein, for that matter) has an ingenious construction from the Middle Ages, the trust. Imagine millionaire Floris-Jan Rijckert is a major shareholder of mega-concern Schatkist BV. In Panama, for example, a foundation can now be set up with, for example, the shares of company Schatkist BV in it. This foundation, managed by a Panamanian trust office, is then instructed by a trust deed (Trust or Foundation of Trust or Stiftung) to act in the interests of Rijckert. However, Rijckert owns nothing on paper, and therefore does not have to pay any tax. The tax authorities will then have to check.
How much money is in tax havens?
This construction is being abused en masse. Old money, European noble families and bankers such as the Rothschilds, as well as the new money of internet millionaires, industrialists and stock market boys are massively deposited in tax havens. Multinationals such as Starbucks and Apple are making massive use of tax shortcuts to avoid tax. On paper, for example, Starbucks UK is making a loss, which does not prevent the chain from expanding explosively in the United Kingdom. And of course not out of charity to help the baristas with their meager salaries. No, by, among other things, registering trademark rights in the Netherlands and charging extremely high fees for this, the expensive cups of coffee are literally skimmed off. The final destination is often a tax haven such as Bermuda or the Bahamas. This amount of money is increasing. Estimated by former McKinsey chief economist James Henry is now around $ 21 to $ 32 trillion (approx. 16,000 to 24,000 billion (!) Euro) in tax havens. In comparison, the total national debt in the entire world is $51.8 trillion, "Only" double.
How do we plunder this fattened piggy bank?
Almost every western country, plus Japan, is suffering from a large national debt. Many non-Western countries, including Brazil, Russia, India and China, are also deeply in debt. We can therefore safely say that the great majority of the earth's inhabitants will be a strong supporter of a substantial crisis levy. Because the international financial robber knights' guild has looted almost every country, I think a distribution key based on the GNP should be considered. Third World countries where predatory companies have seriously wreaked havoc, think of the so-called 'banana republics' in Central America and certain African countries such as Congo, will receive additional compensation at the expense of countries complicit in this exploitation. The technique I want to propose is remarkably simple and will have to be applied by all countries in cooperation. All property, on which no demonstrable tax has been paid, will be taxed with a retroactive levy. Demonstrable expenditure on charity is deducted from this. If property cannot be traced back to a human owner, such as property in trusts, it will be forfeited. In this way, taxes for workers and small and medium-sized businesses can be lowered to a fair level and there is again money for necessary government investments.