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Hello and welcome to factually.

I'm Adam Conover.

Thank you so much for joining me on the show again.

You know, the wealthy avoid taxes on a massive scale.

Everybody knows it.

It's not just an American problem.

It's also a global one. The rich avoid

income taxes to the tune of $200 billion every year. And this burden, like pretty much all

burdens, falls most heavily on those in less developed countries. According to Oxfam,

countries in Africa could afford enough teachers to send every single child to school

if it weren't for the ultra wealthy of those countries avoiding taxes. But just where does all this

money go? I mean, you as an average person have to pay your taxes because you live in a country

and you can't go anywhere else. But if you have enough cash, well, you can go international and become a citizen of nowhere

or anywhere along with all your money.

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