Tax havens ‘at the heart of the global economy’

By Eric W. Dolan
Monday, April 18, 2011 13:26 EDT
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British journalist Nicholas Shaxson sat down with DemocracyNow to explain the proliferation of tax havens and offshore banks in the era of globalization. He is the author of the new book Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens.

“And when countries like the United Kingdom, but other tax havens like Luxembourg, Ireland, the Netherlands, which are not traditionally regarded as tax havens, but they’re huge, huge players in this business, we must increasingly recognize them as engaging in what is nothing short of economic warfare against the United States and other countries,” Shaxson said. “We really need to start recognizing that this is—you know, this is conflict. This is economic conflict.”

Eric W. Dolan
Eric W. Dolan
Eric W. Dolan has served as an editor for Raw Story since August 2010, and is based out of Sacramento, California. He grew up in the suburbs of Chicago and received a Bachelor of Science from Bradley University. Eric is also the publisher and editor of PsyPost. You can follow him on Twitter @ewdolan.
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