appleby has customers in almost all the tax havens. that's where low or zero taxes are found and companies only need a post box and a skilled accountant or skilled accountants to hide their money. by shifting billions of dollars in money offshore, the wealthy is avoiding paying taxes. the richer are getting richer, the poor remains poor. they control 1% over half the planet's total wealth. 8% of the world has the same wealth as the bottom half of the world population. it's the megarich who can use money and power to exert wealth and hire experts to continue to keep their money safe. for more on this, spencer whitman is a reporter, and he joins me now. mr. whitman, thanks for joining us. >> thanks for having me on.