I'm shocked how media and politics span together and endorse wolrd finance and tax tyranny. Governments and media try to legalize modern slavery on a global scale. All despots on this planet must already rub their hands because they can't wait to know where their servants and political opponents have their money to repress them even more. And unfortunately we have even in Western society a tendency towards despotism.

Take the $7.6 trillion and assume that on this money tax would have been paid. What would have changed in our world? Nothing except that global debt would now be at $70 trillion instead of $60 trillion! For each dollar paid more in taxes governments would have spent an extra dollar more! This will all end badly because we are talking here about money.

Furthermore I can't understand how a rather intelligent man (society) can put the financial responsebility of his earnings in the hand of bankrupts (governments). No one clear in mind would delegate wealth management to a bankrupt bank but the society as a whole passes the responsibility of the entire income and wealth to the most lousy money managers that have added 19 trillion in debt alone in the US! But maybe our "bright" mass media twittering society deservse nothing better.

Then it is interessting what naive solutions are suggested to that problem. The only thing that would not only increase tax honesty but most likely also tax collection would be to simplify tax rules and reduce massively loop holes! But certainly not to make things even more complicated. My entire live I hear that politics want to simplify taxes but they haven't managed this task in barely one Western country. But now the solution proposed is world tax tyranny! But don't worry the multinational companies with their army of lawyers will also find easily loop holes in such world with even more complex tax codes.