Jose Angel Gurria Quotes

Each and every year, the United States loses an estimated $100 billion a year in tax revenues due to offshore tax abuses by the wealthy and large corporations.

Why do tax havens exist? Because rich countries allow them to. If the U.S. came down on tax havens in the same way they come down on countries that trade with Iran and Cuba, we'd have no tax havens in the world.

Those who take their money abroad in an effort to avoid paying American taxes should lose their American citizenship.

We should not allow wealthy people, including corporate criminals, to hide their assets and avoid paying their bills.

The result of offshore tax evasion is a disproportionate tax burden on law-abiding citizens and fewer resources available for public spending or tax cuts.

Massive tax avoidance. Billions and billions of dollars.

I did not use a Cayman Island entity to avoid paying taxes for myself.

Those who willfully conceal assets overseas undermine the playing field for all taxpayers.

We know too little about global wealth dynamics, so we need international transmission of bank information.

Corruption, money laundering, and tax evasion are global problems, not just challenges for developing countries.

The really rich people figure out how to dodge taxes anyway.

There isn't a rich man in your vast city who doesn't perjure himself every year before the tax board. They are all caked with perjury, many layers thick. Iron-clad, so to speak. If there is one that isn't, I desire to acquire him for my museum, and will pay Dinosaur rates.

The can’t collect legal taxes from illegal money.

I'm careful to pay every single penny on my taxes. I don't have any money offshore.

There is nothing inevitable about this secret offshore world. It is not a fact of nature: Our laws created tax havens, and our laws can also end them. We could forbid Goldman Sachs from owning opaque offshore vehicles. We could prevent companies such as Cadre from accepting anonymous investments.

There's something fundamentally grubby about the rich paying people to seek out cracks in the system to hide their money.

We shouldn't be encouraging people to set up Cayman Island funds.

People were holding high denomination notes to keep tax unaccounted for money. Some sectors like real estate were using cash to avoid tax.

African countries lose billions every year because of tax dodging by big corporations and wealthy individuals. They lose billions more from overly generous tax incentives in a misguided belief that this is the only way to attract foreign investment.

Do away with the corporate loopholes that allow major profitable corporations to stash their money in the Cayman Islands and not pay a nickel in some cases in federal income taxes.

Reliable numbers about the amount of dirty money around the world are difficult to come by. But according to an estimate by the nonprofit Global Financial Integrity group, $1 trillion vanishes from the developing world's economies every year.

The truth is, however rich people get, they hate paying tax. Some live abroad for a year, or years at a time just to avoid it. Bizarre really - desperate economic migrants are driven to leave their homeland because of poverty; tax exiles are driven overseas by their wealth.

As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax.

It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.

When you find out that 40 percent of the big corporate taxpayers paid less than $500 in tax, you begin to think something is amiss.