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American Prospects

Ringside Seat: Lifestyles of the Rich and Offshore

April 4, 2013

The rich are different from you and me?and how. For instance, you may work hard with your tax software to make sure you haven't overlooked any deductions you can take on your income taxes, but some people?quite a few people, as it turns out?can take advantage of an international web of offshore companies and trusts that enable them to hide assets from their governments. Today, the Center for Public Integrity released a report, "Secrecy For Sale," based on 2.5 million documents unearthed by the International Consortium of Investigative Journalists that sho

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