Capital without Borders
Book description
"A timely account of how the 1% holds on to their wealth...Ought to keep wealth managers awake at night."
-Wall Street Journal
"Harrington advises governments seeking to address inequality to focus not only on the rich but also on the professionals who help them game the system."
-Richard Cooper, Foreign…
Why read it?
2 authors picked Capital without Borders as one of their favorite books. Why do they recommend it?
I love this book because it is one of those rare books written by a woman who trained to become a wealth manager in order to tell a story about how the ultra-rich keep getting richer despite taxes on income, capital gains, property, and inheritance. In her groundbreaking investigations, she follows the money of the ultra-wealthy through some of the most popular offshore tax havens. She also interviews wealth managers to shed light on how they help their clients dodge taxes and creditors and hide money from their families. I am in awe of the author's achievement.
From Kimberly's list on global financial elites.
To understand just how, and why, the richest people in the world go to so much trouble to ensure that they don’t have to live by the same tax rules as the rest of us, sociologist Brooke Harrington literally trained as a wealth manager.
In this extraordinary book based on interviews in financial centres all around the world, Harrington details the tools of the trade, and at the same time shares rare insights into the people who wield them, and those who pay them to do so.
From Alex's list on tax justice.
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