Italy Seeks Billions From Banks to Fund Tax Cuts
<p>A staggering $3.6 trillion is estimated to be held offshore by the world’s wealthiest individuals – a figure that’s poised to grow as nations compete for capital. Italy’s recent move to attract high-net-worth individuals with a flat tax, financed through substantial borrowing, isn’t an isolated event. It’s a bellwether for a potentially seismic shift in … Read more