There is no denying it ... The bloody business of tax dodging costs lives

THE Panama papers scandal is no victimless crime. One in nine people in the world go to bed hungry every night.

Sifting taxes – which could be used to alleviate the poverty of those whose exploitation often generates the wealth in the first place – is more than a whodunnit of international finance. It is a crime of violence.

Failure to pay trillions of pounds worth of tax is a bloody business that costs lives. And the losers are the majority.

The gap between rich and poor in the world is vast and growing.  

A report by Oxfam in January showed that the 62 richest billionaires on the planet have as much wealth as the poorer half of the world’s population – more than 3.5billion people.

The charity deplored the fact that world leaders were hand-wringing about the escalating inequality crisis and all the while failing to take concrete action to redistribute wealth.

But sometimes “world leaders” are partners in crime.

Read the rest of my column here.


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