The envious in our midst routinely spill a lot of ink and angst about “hidden wealth.” Their view is that global tax havens and other so-called “tax loopholes” make it possible for the rich to “hide” their wealth. Nothing could be further from the truth.
Short of the rich literally stuffing their dollars, pounds, euros, yen, or Swiss francs in coffee cans, wealth created is exposed to the world in blindingly bright fashion. That is so simply because the wealth the rich hold onto is immediately transferred to those who need it. By definition.
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