Are European tax havens getting 'illegal state subsidies'? The European Union's Competition Commissioner thinks so. Are the world's tax havens really going to become more transparent? We analyse the OECD's automatic information exchange proposal, warts and all. And, the tax haven of the Bahamas is broke -- and the government's solution? Tax the poor! We look at the Bahamian campaign against a Value Added Tax and their demands for a freedom of information act.
Produced by @Naomi_Fowler for the Tax Justice Network and featuring Nick Shaxson of the Tax Justice Network and author of the book 'Treasure Islands', tax justice campaigner Richard Murphy, Deran Thompson of www.citizensforabetterbahamas.org, concerned Bahamian Scott Griffin and protest track 'No VAT Tax' by Mr J. (Full video and track available here: http://www.youtube.com/watch?v=Bh9nVG )