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Tax-free day for the ultra-wealthy
New data show the wealthiest Americans have stashed $2 trillion in offshore tax havens, as the government relaxes efforts to combat tax evasion.
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Powerful states push tax race to the bottom
Last week, the largest rich countries, home to most major transnational corporations (TNCs), agreed to a global minimum corporate income tax (GMCIT) rate. But the low rate proposed and other features will deprive developing countries of their just due yet again.
