About This Event
Please join the Washington Center for Equitable Growth for a presentation by Gabriel Zucman on the findings in his book, “Hidden Wealth of Nations: The Scourge of Tax Havens.”
Zucman offers an inventive and rigorous approach to quantifying how big the problem of tax havens are, how they work and are organized, and how we can begin to approach a solution. His research reveals that tax havens are quickly a growing danger to the world economy. In the past five years, the amount of wealth in tax havens has increased over twenty five percent – and there has never been as much money held offshore as there is today. Fighting the notion that any attempts to solve the tax haven problem are futile, since some countries will always offer more advantageous tax rates than others, as well as the counter-argument that after the financial crisis many countries have successfully fought tax evasion, Zucman argues that both sides are actually very wrong.
Hidden Wealth of Nations offers an ambitious agenda for reform, focused on ways in which countries can change the incentives of tax havens. The author argues that only by first understanding the extent of wealth held in secret can policymakers begin to address the problem.
Registration and breakfast: 8:30 a.m.
Presentation and panel: 9:00 a.m. – 10:30 a.m.
Heather Boushey, Executive Director and Chief Economist, Washington Center for Equitable Growth
Gabriel Zucman, author of “The Hidden Wealth of Nations – The Scourge of Tax Havens” and Assistant Professor of Economics, University of California, Berkeley
Diana Farrell, President and Chief Executive Officer, JPMorgan Chase Institute
Steven M. Rosenthal, Senior Fellow, Urban-Brookings Tax Policy Center
Catherine Rampell, Columnist, The Washington Post (Moderator)