Paradise Papers: The morality argument is futile

Research by Berkeley economist Gabriel Zucman shows more than 10 per cent of all global wealth is now held in tax havens

The Paradise Papers reveal a culture of legal, but arguably immoral tax avoidance by the rich and powerful
The Paradise Papers reveal a culture of legal, but arguably immoral tax avoidance by the rich and powerful

Two weeks ago, the country boiled over with outrage about the banks we saved screwing us. It feels like a year ago. In outrage-time, a week is like a month. The outrage machine is grinding its gears around the Paradise Paper revelations that - gasp - rich people don’t like paying taxes. The rich dislike taxes so ...