Economics

Tax Justice Network: That War on Drugs

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“The toughest laws created the toughest criminals. The only thing we’re doing is increasing the violence. And at this point, where we are now, only the most violent will survive. We have to ask about political will here. What are the interests of the countries and other major players involved?” — Karina Garcia-Reyes


The US government has spent an estimated $1 trillion on their ‘war on drugs.’ But, over 50 years later, the cross-border flows of illegal drugs, arms and money have increased. In the second part of a two part series (part 1 available here) we look at the failed ‘war on drugs,’ the movement to decriminalise, regulate and tax, opportunities and challenges for lower income nations, and the role of tax justice.

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“It was always about the US and the UK in particular, protecting and leveraging their own national trading interests on both sides of the Atlantic. Western countries were never going to put the trillions used on the war on drugs into combating financial secrecy havens.” ~ Dr Mary Young

“The tools of tax avoidance are the same tools that enable the illicit drug trade’s extraordinary resilience to prohibition.”  ~ Eric Gutierrez

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