Hasnain says:

"Their research leads to two conclusions. First, tax evasion is extremely concentrated (see chart). The average Scandinavian household paid around 3% too little in taxes in 2006; the richest 1% of households, with net assets of at least $2m, underpaid by around 10%. The truly rich, though, behave truly differently. The top 0.01% of households, with net assets of over $40m, short-changed the taxman by a whopping 30%."

Posted on 2017-06-02T02:48:05+0000