Austin, TX– Wealth inequality expert Chuck Collins, director of the Program on Inequality and the Common Good at the Institute for Policy Studies and author of Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions, will speak about how Russian oligarchs hide their wealth in U.S. tax havens, at a special SXSW session convened by the International Consortium of Investigative Journalists (ICIJ) called “Wealth Inequality Upheld by Broken Tax Systems,” on Sunday, March 13 at 2:30 pm. local time.
This SXSW session is open to press and to the public. Chuck Collins will be available for comments and interviews leading up to and following the event.
What: Chuck Collins at SXSW South by Southwest talking about “How Russian Oligarchs Hide Their Wealth in Tax Havens in the USA”
Where: SXSW session, “Wealth Inequality Upheld by Broken Tax Systems”
When: Sunday, March 13 at 2:30 pm. local time
Schedule of SXSW events: https://schedule.sxsw.com/2022/events/PP112742
As Biden has announced further sanctions against Russia in response to Russia’s invasion of Ukraine, more and more news outlets have focused on the problem of how to actually track and then target Russian oligarchs’ assets.
As Chuck Collins and other experts have demonstrated, thanks to tax havens and tax loopholes, Russian oligarchs and other multi-millionaires and billionaires have succeeded in hiding massive amounts of wealth here in the United States, including in states like South Dakota that are particularly friendly to wealth hoarders (as exposed in the Pandora Papers and elsewhere.)
Research and resources from Chuck and IPS related to Russian oligarchs and hidden wealth:
In the Ukraine War, We Can Make Oligarchs — Everywhere — the Big Losers (IPS analysis)
How Tax Haven States Enable Billionaires to Hide Trillions (The Nation)
How South Dakota Became a Tax Haven for the Super-Rich (IPS research)
Taxing Extreme Wealth (IPS joint report with Oxfam et al.)
Inside the Pandora Papers (IPS analysis)
If you are interested in covering this event and/or the topic of Russian oligarchs’ hidden wealth as part of your reporting and would like to speak with Chuck Collins, contact IPS Media Manager Olivia Alperstein at (202) 704-9011 or olivia@ips-dc.org.
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About the Institute for Policy Studies
For nearly six decades, the Institute for Policy Studies has provided critical research support for major social movements and progressive leaders inside and outside government and on the ground around the United States and the world. As the United States’ oldest progressive multi-issue think tank, IPS turns bold ideas into action through public scholarship and mentorship of the next generation of progressive scholars and activists.