[Marxism] Tax havens and tax reform in Australia
En Passant with John Passant
en.passant at bigpond.com
Wed Oct 17 04:34:41 MDT 2012
There are 2 important aspects of tax havens - low or no tax and bank secrecy. Henry is about less imposition by the state on the other hostile brothers and in keeping the accumulation process which creates surplus value ticking over and run...
ning smoothly it has to reduce its taxes on capital to do so. This is the logic of tax competition - and tax havens are its ultimate expression.
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