Russia’s wealthiest 0.01% (the top 1% of the top 1%) have taken about half their wealth, around $200 billion, out of Russia and stashed it in the UK and other havens. At the same time, America’s wealthiest 0.01% have taken around $1.2 trillion out of the United States, principally to avoid paying taxes. So, in terms of magnitude, American plutocrats match …
Read More »The World of Western Billionaire Oligarchs
