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The Wealth Hoarders with Busboys and Poets

The Wealth Hoarders with Busboys and Poets

Apr
12
Monday
 from 11:00 pm to 12:30 am
Virtual Event

Busboys and Poets Books and Institute for Policy Studies welcomes Chuck Collins to discuss his new book, “The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions” in conversation with Andy Shallal. As an expert on U.S. inequality and the racial wealth divide, Chuck Collins is the Director of the Program on Inequality and the Common Good at the Institute for Policy Studies, where he co-edits Inequality.org. He is author of: Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good (Chelsea Green) and Is Inequality in America Irreversible? published by the Oxford, UK-based Polity Press. His latest book is The Wealth Hoarders: How Billionaires Spend Millions to Hide Trillions (Polity) newly released in March 2021.

About The Wealth Hoarders:

For decades, a secret army of tax attorneys, accountants and wealth managers has been developing into the shadowy Wealth Defense Industry. These ‘agents of inequality’ are paid millions to hide trillions for the richest 0.01%. In “The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions.” Chuck, who himself inherited a fortune, interviews the leading players and gives a unique insider account of how this industry is doing everything it can to create and entrench hereditary dynasties of wealth and power. He exposes the inner workings of these “agents of inequality”, showing how they deploy anonymous shell companies, family offices, offshore accounts, opaque trusts, and sham transactions to ensure the world’s richest pay next to no tax. He ends by outlining a robust set of policies that democratic nations can implement to shut down the Wealth Defense Industry for good.

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