tax shelters

Confessions of a Panama Papers Hit Man

As an Economic Hit Man, I helped forge this global economy that is based on legalized crimes – where 62 individuals have as much wealth as half the world’s population, and a handful of super-rich control governments around the globe.

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#PanamaPapers: Forget Targeting Individuals, Let's Tackle Structural Corruption

There is a dangerous narrative emerging in which we're becoming preoccupied with the personalities in this debacle, and not their collusion with a system that's shafting us in every possible way.

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Panama Fallout: Is Britain the Most Corrupt Country In the World? Part I

This leak is not any drop in any ocean – scrutinizing it has opened the world’s eyes to global tax dodging, especially by London which remains the "money tax haven of the world" with half of all tax evasion passing through it.

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Panama Papers Show How Institutional Corruption In UK Is Perpetuating Wealth Inequality

Great Britain is directly implicated in the scandal, with critics citing the hypocrisy of Tories’ hardline rhetoric on tax avoidance while “soft-pedaling reform" of a global system that easily shields wealth from taxation.

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The 1% Games: More Than 50,000 New Yorkers Pay Zero City Income Taxes

Perhaps you will be pleased to know that the number of New York City households reporting incomes of more than $1 million has climbed by 47 percent. Or maybe you do not see this as good news.

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Bernie Targets Top 10 Corporate Tax Dodgers On Eve Of Iowa Primary

Sanders pledged Friday to close loopholes that allow Fortune 500 companies to exploit offshore tax havens, which last year enabled them to avoid paying U.S. taxes on over $2.1 trillion in accumulated profits.

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E.U. Rules Starbucks and Fiat Tax Deals Illegal – Companies Must Pay "Fair Share"

The bigger impact lies ahead for global corporations whose strategies to avoid tax are under attack on various fronts from cash-strapped governments.

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Another French Economist Cracks the Nut – Revealing True Costs of Tax Evasion

By analyzing data from central banks in Switzerland and Luxembourg, Gabriel Zucman has put creditable numbers on tax evasion, showing that it’s rampant – and a major driver of wealth inequality.

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