Your Friendly Neighbourhood Tax Evader

According to the BBC the massive bank, HSBC, has helped hundreds of its customers evade tax by colluding in maintaining secret bank accounts in many countries in the world. This should not come as a surprise because HSBC has wealth larger than the vast majorities of the countries in the world and in terms of power, money is usually more powerfully than armies and police forces, as numerous monarchs and world leaders have found to their cost throughout history. Continue reading