Panama Papers Gonna Make a Good Book
The treasure trove of leaked documents dubbed “The Panama Papers” is going to make for a good book. Especially once American information starts trickling out.
Here is an informative NPR interview with Gabriel Zucman, author of The Hidden Wealth of Nations who states that “there’s about 8 percent of the world’s financial wealth that is held in tax havens globally. So that’s about $7.6 trillion today, a huge amount of wealth.” Zucman then goes on to distinguish the percentage of funds that is stored illegally as opposed to the legal stashes.