Buy, borrow, die: how rich live off their paper wealth and avoid paying taxes and why we let them do it?

In 2021, there are reportedly 2,755 billionaires on Earth, with an estimated total net worth of $13.1 trillion. Every year the newspaper Forbes conducts the list of World Billionaires, but we need to acknowledge that, not all billionaires and their wealth gets reported. Usually, the net worth is re...

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Bibliographic Details
Main Authors: Agnė Smagurauskaitė, Gabrielė Šarauskaitė
Format: Article
Language:English
Published: Vilnius University Press 2023-02-01
Series:Vilnius University Open Series
Subjects:
Online Access:https://www.zurnalai.vu.lt/open-series/article/view/31607