Panama Papers
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- yuekit0
Editor of Süddeutsche Zeitung responded to the lack of U.S. individuals in the documents, saying "Just wait for what is coming next"
- plot twist: it's Bernie Sanders_niko
- Sanders will be the only one left once the leaks happen, he will win by default :)yuekit
- ^ you might be right, but I doubt Trump's hands are dirty. He's not been a politician until now. He's just bought them off, HAdrake-von-drake
- yeah cause hes in debt. 64kyurimon
- scarabin0
so what happens now? these people are gonna be investigated and have to pay back taxes?
- they'll pay (minimal) fines that likely never make it into the tax system as their taxes would have.imbecile
- if thatimbecile
- Absolutely nothing apart from a few bit-players being given token jail time or 'removed from their position'. The real fuckers will escape and blowback.face_melter
- *anyface_melter
- It depends on each case if it was tax avoidance or tax evasion.ORAZAL
- Tax avoidance, just like skateboarding, is not a crime.ORAZAL
- What they are doing is technically legal, massively fucking shady but legal nonetheless. White collar crime - pays the most with the least risk.face_melter
- lol, like anything happens to rich people.Maaku
- lowimpakt1
politicians pushing austerity policies and introducing new taxes while evading tax themselves. .
- sickening really. Maybe the average Greek had a point?_niko
- 'Do as I say, not as I do...'detritus
- yep, it's fucking sad. US just passed inversion lawsdrake-von-drake
- yurimon1
little bonus about monetary policy.
- preciselydrake-von-drake
- where the fuck is this guy from!?kingsteven
- detritus0
- The blackmail angle is really interesting. Although Russian intelligence has likely had damning evidence for decades if not longer.IRNlun6
- Hillary is on itdrake-von-drake
- lol, I guess anything is possible. It's quite a complicated theory he's describing there though, based completely on speculationyuekit
- kingkong0
Tax avoidance is an expression of basic British freedoms. You may not like the principles set out by Lord Tomlin in the Inland Revenue’s case against the Duke of Westminster, but they are as fundamental as Magna Carta, and a good deal more useful to most of us (my italics):
"Every man is entitled, if he can, to arrange his affairs so that the tax attaching under the appropriate Acts is less than it otherwise would be. If he succeeds in ordering them so as to serve that result, then, however unappreciative the Commissioners of Inland Revenue or his fellow taxpayers may be of his ingenuity, he cannot be compelled to pay an increased tax."
- 'if he can' is the key there. I'm not sure the Duke was thinking about the rest of us when he brought the case.Fax_Benson
- Tomlin's focus was on IR trying to (unfairly) maximise payment owned... rather Duke's right to reduce tax liability.LukeO
- didn't it come about because he was trying to take his staff's wages off the books?Fax_Benson
- net result is - it's a universal right, especially if you can afford it.Fax_Benson
- < spot who's got money offshore.detritus
- and he's royalty, too. Bloody aristocracy.Fax_Benson
- deathboy0
Is it just me or have I not really seen much relevant info about these papers. I smell what they're selling but I haven't seen it yet. So far it seems like trying to shame people for doing something legal but frowned upon. I haven't been following it to closely so I might be missing something. But if its just tax sheltering how is that so much different than investment in health savings or retirement accounts to evade taxes? Isn't it just smart business by gaming the system to the best of your ability. Dont hate the playa hate game sort of thing.
Unless there really is technically some illegal stuff but even in this thread Im not seeing mention of it...
- I'm sure there's some proper illegal stuff there but I haven't seen it either.
I don't feel offended by it.ORAZAL - They are bending the rules rather than breaking them. Cunning financial practises to set up companies in territories with beneficial tax laws then...face_melter
- ...providing said companies with funding to avoid paying tax on the cash in the person's country. It is more about the deliberate intent than the act itself.face_melter
- I know how it works. However, I've never heard anybody say anything positive about paying taxes [themselves].ORAZAL
- ok so im not missing muchdeathboy
- I'm sure there's some proper illegal stuff there but I haven't seen it either.
- Bennn1
The Humanity is shit.
- mg332
- detritus0
A take down by Western Governments - our security agencies are leveraging the Snowden Effect with a concerted campaign in cahoots (willingly or obliviously, who can say?) with international 'democratic' media to pull the rug from under Mr Putin and chums and probably with a long-eye toward meddling with the future of money.
They've chosen a first target that includes a few sacrifical western lambs to keep it all looking legit, but this is just the beginning in a long slog to maintain western hegemony, shit on Russia and othersuch state actors, and to shift currencies over to fully traceable, unlaunderable currency.
- I should've invested in gold a decade ago and gone to live in the mountains. I knew it.detritus
- I live in the mountains... Bring a bag next time, i'm short in gold nowOBBTKN
- I only have tinfoil these days. Not even a full roll. Although I've a draw full of crumpled hats made from the stuff.detritus
- *drawer, idiot.detritus
- Putin will be the least effected. Dont u think Russians didn't know how rich he was? This is a blow to "democratic" statesBeeswax
- Hayoth0
Tax havens aren't illegal, but stealing your/a country's wealth through corruption is.
Putin has long been suspected of stealing billions but I want to know why other names aren't published?
At the end of the article is says "Mossack Fonseca says offshore companies are available worldwide and are used for a variety of legitimate purposes."
However, if you are a government that believes in wealth confiscation then this is a gold mine.
- pango2
i thought this is a new paper stock...
- sted0
- F*ckn communist govt operation. The corrupt of the corrupt aren't even on here.Hayoth
- I saw this, it's pretty nice! Mr. and Mrs. Bill Clinton have connections. LMFAO!drake-von-drake
- Cactus0
- "behead the moneycunt".detritus
- I suppose I can't really say things like that here in the UK, where it's probably some offence, regardless of how unlikely action is after. Hence speech marks.detritus
- if you meant Hillary, yes behead the cuntdrake-von-drake
- I think you want Mrs Clinton to squat on your face, given how you invoke her presence, no matter how unrequired.detritus