Tax shelters for the wealthy, and the Republicans who want to keep them secret

In a little-noticed event, a high-ranking United Nations official is urging the world “to make the elimination of tax havens a priority to ensure that corporations, billionaires and ‘kleptocrats’ pay their fair share of taxes.” The richest one percent is hiding “as much as $32 trillion…held offshore in secrecy jurisdictions escaping just taxation,” the official said. The prime hiding places are Switzerland, Hong Kong and the United States, with “other high-profile jurisdictions” being Luxembourg, the Netherlands, Belgium, Malta, Cyprus, Singapore, Liberia and Panama. The U.N. official is Alfred de Zayas, a human rights expert; in his press conference he urged the U.N. to “take concerted action” against “speculators, hedge funds…