When our infrastructures deteriorate, when social benefits are frozen, when our living conditions are precarious, it is because of tax havens. A source of growing inequalities and colossal tax losses, the use of tax havens by large corporations and wealthy individuals explains austerity policies. Moreover, states have legalized these offshore schemes that contravene the very principle of taxation.
In this timely and powerful book, Alain Deneault unveils the scope of the problems created by tax havens, and documents the many ways in which they are weakening the very bonds of our society. Importantly, he shows how Canada - contrary to popular belief - lags behind the world in taking steps to clamp down on this 'system of legalized theft.' --Linda McQuaig, journalist & author