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Wealth doesn’t trickle down – it just floods offshore

Wealth doesn’t trickle down – it just floods offshore

by John Freund, CM | Jul 23, 2012 | Poverty: Analysis and Responses, Vincentian Family

A far-reaching new (British) study suggests a staggering $21 trillion in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve the euro crisis according to a report in the British...
Tax Forum should unite community not divide

Tax Forum should unite community not divide

by John Freund, CM | Oct 5, 2011 | Justice and Peace

The Australian Council of Social Service (ACOSS) is urging participants of this weeks’ National Tax Forum to avoid divisive and fruitless arguments over whether we should tax consumption or income, and to focus instead on practical solutions to the challenges of...

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  • The Vincentian Family Daily Intention: June 10, 2026
    Today, June 10, 2026, we, the members of the Vincentian Family, pray for a world that listens more than it shouts.
  • Quote of the Day
    June 10, 2026
    Let us draw our strength from our weakness which serves as a reason for Our Lord to become Himself our strength (I:226).
  • Daily Reflection
    June 10, 2026
    “Every good action is a grain of seed for eternal life.” (CW 3a:488) – St. Elizabeth Ann Seton – Time seems to fly by these days and now I am painfully aware of the missed opportunities for good I could have done. Help me to be less concerned about temporal matters and more about the […]
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