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Tag: Tax Havens


Gimme Shelter (From the Tax Man): Disappearing Money and Opportunistic Candidates

While the two leading candidates for the presidency, Donald Trump and Hillary Clinton, have indeed suggested cosmetic fixes for a situation that only grows more extreme with the passage of time, they have themselves taken advantage of numerous tax “efficiency” strategies that make money evaporate.

Posted on May 9, 2016 READ MORE


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Panama Papers Leaker Criticizes Governments’ Inadequate Response to Revelations

The still-unidentified whistleblower behind the release of 11.5 million documents detailing the practices of international tax evaders says the release triggered debate but not enough action.

Posted on May 6, 2016 READ MORE



Hillary Clinton and Donald Trump Share a Delaware Tax ‘Loophole’ Address With 285,000 Companies

Clinton, who promised to crack down on “outrageous tax havens and loopholes” if elected president, has business dealings registered at a building that has helped Wal-Mart, Apple, American Airlines and tens of thousands of other companies avoid hundreds of millions of dollars in taxes.

Posted on Apr 25, 2016 READ MORE


The Panama Papers: Laundering Havens for War Budgets (Video)

In mid-April, economist Michael Hudson told The Real News Network that global oil and mining industries and the U.S. State Department created Panama and Liberia for the express purpose of tax evasion.

Posted on Apr 25, 2016 WATCH & LISTEN



More Names Surface in Panama Papers Leak, but Still No High-Profile Americans

Despite the heavy media coverage of the tax-havens disclosure, few Western elites have been named at this point.

Posted on Apr 7, 2016 READ MORE



What’s Missing From the Technical Analysis of the Panama Papers

Although the year-long, concerted effort of hundreds of journalists is an admirable feat, their analysis may be overlooking crucial evidence involving corruption by Western corporations and billionaires.

Posted on Apr 6, 2016 READ MORE


Bernie Sanders Is Longtime Foe of Tax Havens in Panama—He Denounced Trade Deal in 2011 (Video)

Long before the Panama Papers made headlines, the Democratic presidential candidate opposed tax-haven abuse in Panama.

Posted on Apr 5, 2016 WATCH & LISTEN



Pfizer Merger Illustrates Need to Outlaw Tax Havens

The American drug giant has merged with the Dublin-based Allergan not “because some wizard potion has been discovered in the hills of Connemara” but “to dodge tax.”

Posted on Nov 25, 2015 READ MORE



Truthdigger of the Week: David Cay Johnston

The dogged investigative reporter uses plain language to describe the congressionally prescribed byzantine tax schemes that cheat ordinary Americans to benefit financial elites.

Posted on Sep 12, 2014 READ MORE


A Tour Through Tax Evasion

It is estimated that each year developing countries lose to tax evasion one and a half times the amount they receive in international aid. In the U.K. alone, the practice costs more than $91 billion annually, more than is spent on defense, welfare or education.

Posted on Jan 10, 2013 WATCH & LISTEN


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