Nick Shaxson ■ Quote of the day – Luxembourg and the drugs trade

Quote of the day – Luxembourg and the drugs trade

Published:

6 November 2014

Reading time:

< 1

Tags:

Blog

From a Guardian story about the ICIJ Luxembourg story that’s broken today:

“Asked recently if such a crackdown risked damaging the economy of Luxembourg, one senior figure closely involved in the G20 reform programme said: “I don’t care. It is like saying: ‘If you fight drugs there will be no jobs in certain parts of Mexico.’”

Well put.

The author

Nick Shaxson

Nicholas Shaxson is a journalist and writer on the staff of Tax Justice Network. He is author of the book Poisoned Wells about the oil industry in Africa, published in 2007, and the more recent Treasure Islands: Tax havens and the Men who Stole the World, published by Random House in January 2011. He lives in Berlin.

See author’s full profile

Related articles

The “millionaire exodus” visualised

By Mark Bou Mansour ■ 10 June 2025 ■ < 1

Bad Medicine: A Clear Prescription = tax transparency

By Jason Ward ■ 24 June 2025 ■ 5 min READ

Tax justice pays dividends – fair corporate taxation grows jobs, shrinks inequality

By Daniel Bertossa ■ 16 June 2025 ■ 3 min READ

A close up of Benjamin Franklin's eye on a US dollar bill

Reclaiming tax sovereignty to transform global climate finance

By Franziska Mager ■ 16 June 2025 ■ 53 min READ

Reclaiming tax sovereignty to transform global climate finance

By Franziska Mager
16 June 2025

The millionaire exodus myth

By Tax Justice Network
10 June 2025

The Financial Secrecy Index, a cherished tool for policy research across the globe

By Bob Michel ■ 3 June 2025 ■ 9 min READ

A blue and red toy robot

When AI runs a company, who is the beneficial owner?

By Andres Knobel ■ 19 May 2025 ■ 5 min READ

Insights from the United Kingdom’s People with Significant Control register

By Maria Jofre, Andres Knobel
13 May 2025

Uncovering hidden power in the UK’s PSC Register

By Maria Jofre ■ 13 May 2025 ■ 3 min READ

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.