Edition 77, May ’18: Why we can’t afford the rich

In this month’s Taxcast: We discuss why we can’t afford the rich and challenge ideas about wealth, entrepreneurialism and investment.
Also: ten years ago the Tax Justice Network was told it’d never happen, but this month British MPs voted to stop secret ownership of companies in British Overseas Territories. The Crown Dependencies got away for now. But the pressure is on them as a UK Foreign Affairs Committee report says corrupt assets of Kremlin-connected individuals pouring in to London is a threat to the UK’s national security. And while some of the money hidden in the Overseas Territories may flow to the United States, the EU may actually add it to their blacklist of non-cooperative jurisdictions…

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