getAbstract Summary: Get the key points from this book in less than 10 minutes.

The Panama Papers scandal of 2016 has refocused attention on tax havens, those shadowy destinations where billionaires, oligarchs and despots hide their cash. In this fascinating investigation, economist Gabriel Zucman estimates that some $7.6 trillion is squirreled away in secret accounts in Switzerland and other locations. Right-wing commentators have bashed his findings. But to his credit, Zucman acknowledges that the clandestine nature of tax havens makes it nearly impossible to pinpoint a figure. His crisp, lively prose makes this slim tome a worthwhile read, no matter your ideological bent. While always politically neutral, getAbstract recommends this book to taxpayers and tax collectors seeking a fresh analysis of an old issue.

Book Publisher:

University of Chicago Press