Expert Advisory: Who gets hurt when the wealthy move their assets offshore?
HAMILTON, Apr. 4, 2016- Economist Michael Veall, whose research focuses on issues of income inequality, is available to discuss the implications of hiding wealth in offshore accounts and shell companies, a practice that is being revealed by the International Coalition of Investigative Journalists' release of the so-called Panama Papers this week.
Veall, a Professor of Economics, can address issues raised by the revelation of such massive amounts of deliberately (if legally) hidden wealth such questions as:
- How does hiding wealth affect economies?
- Does wealth hiding accelerate income inequality?
- How does hiding wealth affect governments in terms of lost tax revenue?
Veall is available at veall@mcmaster.ca and 905-525-9140 ext. 23829.
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For more information, or to arrange a TV interview from the campus studio, please contact:
Wade Hemsworth
Public Relations Manager
Office of Public Relations
McMaster University
905-525-9140 ext. 27988
Michelle Donovan
Public Relations Manager
Office of Public Relations
McMaster University
905-525-9140 ext. 22869