Paul L. Caron
Dean




Tuesday, November 10, 2015

The Price We Pay: A Movie About Offshore Tax Havens

The Price We Pay

The Price We Pay is inspired by Brigitte Alepin’s book La Crise fiscale qui vient [Pay Your Fair Share of Taxes...Like We Do]Director Harold Crooks (who co-directed Surviving Progress with Mathieu Roy) blows the lid off the dirty world of corporate malfeasance with this incendiary documentary about the dark history and dire present-day reality of big-business tax avoidance, which has seen multinationals depriving governments of trillions of dollars in tax revenues by harboring profits in offshore havens. Tax havens, originally created by London bankers in the 50s, today put over half the world’s stock of money beyond reach of  public treasuries.

Nation states are being reshaped by this offshoring of the world’s wealth. Tax avoidance by big corporations  and the wealthy – citizens of nowhere for tax purposes – is paving the way to historic levels of inequality and placing the tax burden on the middle class and the poor. Crusading journalists, tax justice campaigners and former finance and technology industry insiders speak frankly about the accelerating trends that are carrying the Western world to an  unsustainable future.

Reviews of The Price We Pay:

New York Times:

The ideas in this densely packed but enlightening film can be challenging, but must be heard.

Variety:

Director Harold Crooks' well-crafted documentary offers a concise, engrossing and occasionally infuriating overview of the ways multinationals avoid taxes by stashing profits in offshore havens.

Rotten Tomatoes:   89%

https://taxprof.typepad.com/taxprof_blog/2015/11/the-price-we-pay-a-movie-about-offshore-tax-havens.html

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Comments

I am sorry, but "La crise fiscale qui vient" is translated as the "Coming Fiscal Crisis"or "the Fiscal Crisis That is Coming," NOT "Pay Your Fair Share of Taxes...Like We Do."

Posted by: TS | Nov 11, 2015 12:37:21 PM