Keeping Democracy Alive with Burt Cohen

Keeping Democracy Alive with Burt Cohen


How the Wealth Defense Industry Poisons Democracy

April 23, 2021

As our guest Chuck Collins explains, it’s like one person orders expensive wine for a dinner crowd and sneaks out without paying. His new book is titled The Wealth Hoarders; How Billionaires Pay Millions to Hide Trillions. What he calls the Wealth Defense Industry has produced a large set of tools for the ultra-rich to get the rest of us pay what should be their share of taxes. But attitudes about taxing the hyper rich have changed in recent years. Cities and states, as well as European countries, are requiring transparency as to these tax dodge entities. And Biden seems to be on board as well. Reasons for optimism!