The aim of the action was to highlight the impact of transnational tax dodging on the developing world. We had a long conversation in which I eventually suggested that, regardless of what we do, Bono’s tax affairs will inevitably cast a shadow over his campaigning. And if anything, my research has shown how the harm caused to the developing world is now even more undeniable. By creating the downward pressure of tax competition, wealthy individuals limit the choices of sovereign states. If we want to help the developing world, we need to oppose that system – not encourage it.

Source: The Guardian November 07, 2017 16:30 UTC