Berkeley's Zucman Says Tax Evasion Rises With Wealth

The video discusses the impact of leaks like the Panama Papers and Swiss leaks in providing direct evidence of tax evasion by the wealthy. It highlights the limitations of random audits by tax authorities, which often fail to detect sophisticated tax evasion methods used by the rich. The data from these leaks contradicts the common belief that only poor people evade taxes, showing that tax evasion is prevalent among the wealthy. A study in Scandinavia reveals that while overall tax evasion is low, it significantly increases among the top 0.01% wealthiest individuals.

What insights were gained from the Panama Papers and other leaks regarding tax evasion?

How do tax authorities estimate the size and distribution of tax evasion?

What is the relationship between wealth and tax evasion according to the data presented?

What differences were noted in tax evasion between Scandinavia and the US?

What percentage of taxes do the top 0.01% richest Scandinavians evade?