Bill Gates and other high net worth individuals do taxpayers. As Warren Buffet says, his secretary pays tax at a higher rate than he does on his multimillion dollar income. And most big corporations have mastered the art of paying next to nothing in taxes. Many people dismiss the idea that higher taxes for large corporations and the super-rich would make a difference to government revenues.
But Harvardtrained tax expert Brigitte Alepin has a different point of view. Relying on her in-depth knowledge of tax systems in Canada and abroad, Alepin provides a behind-thescenes explanation of what has created the massive gap in government revenues. This black hole—found in virtually every country—accounts for trillions of dollars in lost revenue every year. As Alepin demonstrates, those missing trillions would go a long way towards allowing the world’s governments to balance their books.