Head north of San Francisco, drive for three hours through golden valleys and redwood forests, and the horizon becomes otherworldly panoramic. Here, in Mendocino County, California, fog hangs over the Pacific, sea cliffs drop dramatically, and on 31 acres of land among the tallest trees on earth, Carmen Goodyear and Laurie York, partners in farm and marriage, have for decades forged an existence removed from consumerism, rooted in communal living, and above all, situated close to nature. This farm and preserve is where they have raised goats, sheep, chickens, and bees; where they have grown a mammoth garden that supplies most of their food; where they have helped wage successful battles against offshore oil drilling, a nuclear power plant, and GMOs; where they have, after many years together, gotten legally married.
Here’s a feast for the eyes: An underwater view of National Park of American Samoa. Located some 2,600 miles southwest of Hawai'i, this is one of the most remote national parks in the United States. It includes sections of three islands – Tutuila, Ta'ū, and Ofu – and about 4,000 acres is underwater, offshore from all three islands. This photo was taken at the Ofu unit, which has a shallow protected reef with a great diversity of coral cover fish. Photo by National Park Service.
your ever think about offshore oil platforms? how do they build those? you can’t have underwater construction teams. how do they get built? i think there is something we don’t know there. i would love to see an investigation on that. there is surely something fishy going on there, and i don’t mean the tunos and sardinos in the water, hahaha.
Previous researchers had theorized that tax evasion was likely much more common at the top of the wealth spectrum. Not only can the superwealthy afford expensive offshore services that help them hide their earnings, they are also less likely to have to disclose to the government in the first place.
Top earners are more likely to be self-employed, and thus have the burden of reporting their own income. In contrast, lower-income people typically earn wages, which in the United States are reported directly to the government by an employer in the form of W-2s. Among wage earners, rates of tax evasion are almost zero, Zucman says.
In addition to providing new insight into the nature of tax evasion, the researchers say their findings probably mean that economists have significantly underestimated inequality. If the top 0.01 percent have 30 percent more wealth than their tax returns indicate, that puts far more distance in the yawning wealth gap between the haves and have-nots.
“It increases measured inequality quite substantially,” said Zucman.
For Zucman, the findings imply that governments are missing out on a lot of revenue that is being hidden by the super wealthy.