I knew that the IRS wasn’t visiting me as part of an audit of my returns, since I hadn’t filed any for eight years. My partner and I were both informal tax resisters — she, ever since joining the pacifist Catholic Worker organization; and I, ever since I’d returned from Nicaragua in 1984. I’d spent six months traveling that country’s war zones as a volunteer with Witness for Peace.
Globally, anywhere from $5.3 trillion—about 6.25% of the world’s Gross Domestic Product—to as much as $32 trillion has been thought to be held in offshore tax havens.
You’ve been hearing a lot about corporations “renouncing their US citizenship” through “tax inversions.” This is when a company buys or merges with a non-US company and claims to no longer be … Continue reading →