Friday April 17, 2009
G-20 Ignored Social "Havens"
Sylvain Lapoix
Marianne2
While the G-20 has bragged about dismantling tax havens, social "havens" - where minimal labor costs facilitate factory transfers - persist across the world: Indonesia, Sri Lanka, Mexico.... Some have even been inserted into the European Union with complete impunity!
Paradisiacal Asian islands, little Central American states and even European Union member states: "social havens" are legion! While the G-20 has established a black list and two gray lists of countries with minimal taxes on capital and suspicious bank opacity, Marianne2 offers a first draft of a list of social havens.
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Posted in: by bubblejam at 12:35 AM | Comments (0) | Email This Entry