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#paradisepapers — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #paradisepapers, aggregated by home.social.

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  1. Rebecca Long Bailey says about Jacob Rees Moog on #Peston

    "He's a good lad if he's stayed in the country and paid his taxes like he should"

    But he hasn't

    Jacob featured prominently in the #ParadisePapers

    He avoids paying tax where he can

    All legal

    politax.com/post/why-doesn-t-j

  2. Et nous on rappelle qu'on ne veut pas de la charité des milliardaires, mais qu'ils payent leur juste part d'impôt.

    Or Bernard Arnault est un spécialiste de l'évasion fiscale épinglé dans les scandales #OpenLux et #ParadisePapers !

    Bernard, paye tes impôts !

    #JusticeFiscale

  3. From 2017: #BernieSanders: We must end #GlobalOligarchy

    "Greed is their religion."

    By Bernie Sanders, November 13, 2017

    "One of the major, untold stories of our time is the rapid movement toward global #oligarchy, in which just a handful of# billionaires now own and control a significant part of the world economy [and the US government in January 2025].

    "Here in the United States, the top one-tenth of 1% owns almost as much wealth as the bottom 90%. Incredibly, according to a recent report from the Institute for Policy Studies, three of the richest people in America – #BillGates, #JeffBezos and #WarrenBuffett – now own more wealth than bottom 160 million people in our country.

    "But this is clearly not just an American issue. It is a global issue. While millions of people throughout the world live in dire poverty, without clean drinking water, adequate health care, decent housing, or education for their kids, the six wealthiest people in the world as ranked by Forbes Magazine own more wealth, according to Oxfam, than the bottom half of the world’s population, 3.6 billion people.

    "This massive level of wealth and income inequality, and the political power associated with that wealth, is an issue that cannot continue be ignored. We must fight back.

    "Thanks to the so-called #ParadisePapers, a trove of millions of documents analyzed by the International Consortium of Investigative Journalists (#ICIJ) and its collaborating news outlets, we now have a better understanding of how the largest corporations and wealthiest people in the world avoid paying their taxes and hide ownership of assets. Needless to say, these billionaires are all strong supporters of our military, our veterans, our infrastructure, our schools and other government services. They would just prefer that you pay for those activities, not them.

    "According to the ICIJ’s investigative reporting, the Americans listed as having offshore accounts in the Paradise Papers, (which have not been independently reviewed by CNN), are a who’s who of billionaires, some of whom are the very same officials who have led the effort to promote the Republican tax plan, which would provide even more tax-avoiding opportunities to the very rich.

    "Even before these revelations, we knew that #TaxDodging by the #wealthy and large #corporations, not just in the US but globally, was taking place on a massive scale. In 2012, the Tax Justice Network, a British advocacy group, estimated that at least $21 trillion was stashed in offshore tax havens around the world. In other words, while governments enact austerity budgets, which lower the standard of living of working people, the super-rich avoid their taxes.

    "According to Berkeley economist Gabriel Zucman, individuals in the US are avoiding $36 billion through offshore tax schemes and US corporations are avoiding more than $130 billion through these schemes. The situation has become so absurd that one five-story office building in the #Caymans is now the 'home' of nearly 20,000 corporations – and that is just one of many tax havens operating across the globe.

    "The essence of oligarchy is that the #BillionaireClass is never satisfied with what they have. They want more, more and more – no matter what impact their efforts have on working people, the elderly, children, the sick and the poor. Greed is their religion. While the oligarchs are avoiding their taxes, Trump and his Republican colleagues, ostensibly in order to save federal dollars, have been trying to throw tens of millions of Americans off of their health insurance, and make massive cuts in education, nutrition assistance and affordable housing.

    "As a candidate for president, Trump promised that he would stand up for the working class of this country. Needless to say, that was a lie. Almost half of the benefits in the Trump/Republican tax plan would go to the top 1%, according to the Center for Budget and Policy Priorities. Additionally, they want to lower the corporate tax rate from 35% to 20%, even though in 2012 one out of every five large, profitable corporations in the US paid no federal income taxes at all and between 2008 and 2015, 18 corporations had a tax rate lower than 0%.

    "Republicans also want to make it easier for companies to shelter their profits overseas and pay zero taxes. The 'territorial tax system' they are proposing, which means companies would be taxed only on income earned within our country’s borders, would exempt the offshore profits of American corporations from US taxes and allow for a one-time 12% tax on their offshore cash profits when brought back into the United States.
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    "Meanwhile, while the wealthy and large corporations are receiving huge tax breaks, nearly half of middle-class families would actually see their taxes go up by the end of the decade by eliminating deductions for medical expenses, student loan interest rates, state and local income and sales taxes, and the cost of health insurance for the self-employed.

    "The Paradise Papers make it clearer than ever that we need, in the United States and throughout the world, a tax system which is fair, progressive and transparent.

    "Now is the time, in the United States and internationally, for people to come together to take on the greed of the oligarchs. We can and must create a global economy that works for all, not just a handful of billionaires."

    cnn.com/2017/11/13/opinions/ol

    #USPol #GlobalPol #Corporatocracy #Oligarchy #Oligarchs #Trump #CorporateFascism #HungerGames #StillSanders

  4. « L’évasion fiscale, c’est du VOL ! »

    Bernard Arnault et LVMH

    27% des filiales de LVMH se situent dans des paradis fiscaux, le plus fort taux du CAC 40 !

    LVMH détient 24 filiales et 31 sociétés au Luxembourg

    Epinglé dans de nombreux scandales d’évasion fiscale, comme les #ParadisePapers en 2017
    france.attac.org/se-mobiliser/

    Vidéo : Arnault, l'art de payer moins d'impôts peertube.mesnumeriques.fr/w/xh

    Un dossier fiscal classifié « secret-défense » cjoint.com/c/NLowNWTx3nb

    #lesarnault

  5. In 2017, ICIJ’s #ParadisePapers revealed offshore interests of over 120 world leaders and tax strategies of 100+ multinationals, including Apple, which secretly restructured its Irish entities for tax benefits.

    Last week, the European Union Court of Justice ruled that the tech giant must pay over 13 billion euros in back taxes to Ireland, ending a years-long legal saga.

    icij.org/investigations/paradi

  6. CW: Long thread/19

    Like the corporate crimes revealed in the #PanamaPapers and #ParadisePapers, the gambit is complicated, but it's not sophisticated:

    i. Make everything as complicated as possible;

    ii. Make everything as secret as possible;

    iii. Dismiss any accusations by claiming errors in the account of the deliberately complex arrangements, which can't be rectified because the relevant materials are a secret.

    19/

  7. In November 2017 an investigation conducted by ICIJ cited his name in the list of politicians named in #ParadisePapers allegations.

  8. @olimould

    The Queen had many an offshore account and then tried to change the law that exposed it.

    A sucker is born every minute.

    #ParadisePapers

  9. CW: Long thread/4

    Everybody knows. It's what we heard after the #PanamaPapers. #Swissleaks. #Luxleaks. The #ParadisePapers. Everybody knows! It's what the nothing-to-see-here crowd said about Propublica's explosive #IRSLeaks, back in 2021:

    pluralistic.net/2021/06/15/gui

    4/

  10. Kind of curious that a company with the exact same name as
    Circle Internet Financial (the issuer of #USDC) appears in the #ParadisePapers as having been incorporated in #Malta in 2014...

    link: offshoreleaks.icij.org/nodes/5

    (also for anyone who doesn't know the ICIJ's offshore leaks site is an amazing resource for #PanamaPapers, Paradise Papers, and more)

  11. Hey, @OCCRP is back on fedi!

    Just a reminder, OCCRP is one of the investigative journalism orgs that were involved in reporting on #PanamaPapers, #ParadisePapers, and a lot of other large-scale investigative projects.

    Welcome back. Looking forward to some juicy reporting.

  12. Die Pandora Papers beleuchten einen weiteren Teil der Schattenfinanzwelt. Experte Christoph Trautvetter erklärt, welche Konsequenzen die Enthüllungen haben sollten.
    Experte über die Pandora Papers: „Wir brauchen ein europäisches FBI“
  13. Die Pandora Papers haben den Steuerbetrug der Superreichen aufgedeckt. Die Enthüllungen sind ein Gesamtkunstwerk internationaler Journalist:innen.
    Enthüllungen durch Pandora Papers: Steueroasen an den Kragen
  14. Hessens Steuerverwaltung hatte zusammen mit dem BKA die Auswertung für andere Bundesländer federführend übernommen. Nun meldet das Land hohe Mehreinnahmen.
    "Panama Papers": Bisher 72 Millionen Mehreinnahmen durch Steuern und Strafen
  15. SEBI & ED has to answer on what investigations conducted names of Tantis & Vagadia popped up in #ParadisePapers

    Is everything clean or it hasn't checked at all? 4/5

    Web of companies Tanti brought up in tax heavens is explained in detail in this thread
    twitter.com/FeignShourie/statu

  16. One of the organizations behind reporting on the #PanamaPapers and #ParadisePapers uses Nextcloud to provide investigators with #securefileExchange
    buff.ly/2CZ7QkY pic.twitter.com/cKyOpxrbKZ #nextcloud

  17. Read how @OCCRP, one of the organizations behind the @PanamaPapers & #ParadisePapers keeps the data from journalists investigating corruption secure.
    nextcloud.com/blog/one-of-the- …pic.twitter.com/fMMraMJj2G #nextcloud

  18. @dtluna But I had a look more deeply into some figures that the institute you keep mentioning celebrates, and in their writings they say:

    >the profit on capital and capital accumulation are to such a great extent diminished by state expenditures on unproductive purposes—the capitalists would be able to give to the people who work for them much more to consume, if they did not have to (pay so many taxes).

    #ParadisePapers show capitalists stash money don’t give more to workers.