American University Economics Paper

This paper is designed to allow students to study and evaluatepossible remedies to the problems caused by inequality.

Papers should be 7-10 pages long, in 12 point type with 1.5 line spaces. All papers must include a bibliography using no less than 5 sources. These sources should be economics journal articles, and scholarly books. Wikipedia may be used for background information, but may not be included among the 5 sources.

My topic is:

11) Tax Havens and Tax Evasion: Revelations from the “Panama Papers” and “Pandora Papers” have put a spotlight on the use of shell companies, wealth management services and tax havens to avoid taxation. Efforts to freeze or seize the assets of Russian oligarchs also point in the same direction: wealth inequality has been increased by well-organized evasion strategies. Analyze what can be done to limit tax evasion through tax havens and other means. Look at recent efforts to strengthen information disclosure and enforcement, including the OECD’s Inclusive Framework on Base Erosion and Profit Sharing https://www.oecd.org/tax/beps/beps-actions/ as well as https://www.oecd.org/naec/events/understanding-the-economy/the-hidden-wealth-of-nations-the-scourge-of-tax-havens.htm. You can also examine the work of the US Department of Treasury’s FinCen and their use of Geographic Targeting Orders to find the true owners of real estate bought in cash by shell companies, discussed in https://www.brookings.edu/research/the-impact-of-beneficial-ownership-transparency-on-illicit-purchases-of-us-property/. Also, watch the 2019 film “The Laundromat” and read Brooke Harrington, Capital Without Borders, ch 5 Wealth Management and Inequality

There is my outline attached, please start writing your paper based on this outline.