Uploaded May 2021 | Updated September 2026, 3 hours ago
Chuck Collins, author The Wealth Hoarders
director of the Program on Inequality at the Institute for Policy Studies, and author of the new book, The Wealth Hoarders; How Billionaires Pay Millions to Hide Billions, released the following statement:
Wealth defense industry-
Dynasty protection racket
Blue Hippo Joseph Rensin
Isabel De Santos Angola
Global plundering apparatus—trillions of dollars
“Taxes have become almost optional for the super-rich. President Biden’s plan is a welcome first step in reversing wealth hidding and tax avoidance by billionaires and multi-millionaires.
IRS has been defunded—Biden is talking about putting up $80 billion to help it go after wealthy.
Can the IRS even get to the hoarded money that’s stashed in overseas account or other wealth defense vehicles?
These people obey the laws—but they are laws they lobbied to create to protect their money.
1-high cost of hidden wealth
2-who are the wealth defenders
3-Wealth Defense Industry tools
4- Family offices
5- Hidden wealth hiding in our neighborhoods
Vulnerable spots, pressure points and weak links
Apply light and pressure and the system will unravel.
Are there signs of that unraveling? You seem hopeful
Wealthy people and corporations are trying to transcend nations and their rules
P 151 steps to take
P 154 steps to take
Current successes
Bank rules, bank loopholes.
Rich have a special set of rules—one tax for ordinary people, one for ultrawealtjy.
Tax Haven USA
Chuck Collins, author The Wealth Hoarders
director of the Program on Inequality at the Institute for Policy Studies, and author of the new book, The Wealth Hoarders; How Billionaires Pay Millions to Hide Billions, released the following statement:
Wealth defense industry-
Dynasty protection racket
Blue Hippo Joseph Rensin
Isabel De Santos Angola
Global plundering apparatus—trillions of dollars
“Taxes have become almost optional for the super-rich. President Biden’s plan is a welcome first step in reversing wealth hidding and tax avoidance by billionaires and multi-millionaires.
IRS has been defunded—Biden is talking about putting up $80 billion to help it go after wealthy.
Can the IRS even get to the hoarded money that’s stashed in overseas account or other wealth defense vehicles?
These people obey the laws—but they are laws they lobbied to create to protect their money.
1-high cost of hidden wealth
2-who are the wealth defenders
3-Wealth Defense Industry tools
4- Family offices
5- Hidden wealth hiding in our neighborhoods
Vulnerable spots, pressure points and weak links
Apply light and pressure and the system will unravel.
Are there signs of that unraveling? You seem hopeful
Wealthy people and corporations are trying to transcend nations and their rules
P 151 steps to take
P 154 steps to take
Current successes
Bank rules, bank loopholes.
Rich have a special set of rules—one tax for ordinary people, one for ultrawealtjy.
Tax Haven USA
