Wolfgang Munchau about "The crisis is not tax heavens fault"

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Uploaded by on Nov 20, 2009

According to Wolfgang Munchau, Associate Director of the Financial Times, tax heavens cannot be blamed for the actual crisis. Tax savings and edge founds are not the cause of the crisis, as some governments affirmed when it all begun. Tax heavens should make government of countries such as Germany and UK reflect on the fact that it is about time to reconsider and find a solution for high taxing, he concludes.

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