Black People Politics : Panama Papers Leak

Discussion in 'Black People Politics' started by NNQueen, Apr 8, 2016.

  1. NNQueen

    NNQueen going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Feb 9, 2001
    Messages:
    6,375
    Likes Received:
    1,430
    Gender:
    Female
    Ratings:
    +1,862
    The Panama Papers leak, that reveals how the rich and powerful rely on a secretive law firm to hide their wealth in tax havens, has drawn attention to a 2011 speech by Senator Bernie Sanders against the Panama-United States Trade Promotion Agreement, which became law in 2012. He noted that Panama’s entire economic output at the time was so low that the pact seemed unlikely to benefit American workers. The real reason for the agreement, Sanders argued, is that "Panama is a world leader when it comes to allowing wealthy Americans and large corporations to evade taxes."

    "The biggest leak in the history of data journalism just went live, and it’s about corruption." That’s what NSA whistleblower Edward Snowden tweeted about the Panama Papers.

    Some 11-and-a-half million files were leaked from one of the world’s most secretive offshore companies, Mossack Fonseca, a law firm based in Panama. The documents were obtained from an anonymous source by the German newspaper Süddeutsche Zeitung and shared with the International Consortium of Investigative Journalists.

    Read more and then check this out...

    A top haven for tax cheats that may surprise you: the US
     
    • Thank You Thank You x 1
    • List
  2. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Jun 18, 2004
    Messages:
    32,002
    Likes Received:
    11,479
    Gender:
    Male
    Occupation:
    retired computer geek
    Location:
    north philly ghetto
    Ratings:
    +13,735
    :SuN026:i'm a get me one of dem shell companies for my social security check......
     
  3. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Nov 17, 2006
    Messages:
    39,390
    Likes Received:
    10,421
    Gender:
    Male
    Occupation:
    Speaker/Teacher/Author
    Location:
    Dallas, TX
    Home Page:
    Ratings:
    +12,078

    Thanks for this drop, its so much going on in the 365/7 news cycle until it ain't funny ... Here's some additional information on the issue:


    Panama Papers Reveal Clinton’s Kremlin Connection


    The revelations of the so-called Panama Papers that are roiling the world’s political and financial elites this week include important facts about Team Clinton. This unprecedented trove of documents purloined from a shady Panama law firm that arranged tax havens, and perhaps money laundering, for the globe’s super-rich includes juicy insights into how Russia’s elite hides its ill-gotten wealth ...


    http://observer.com/2016/04/panama-papers-reveal-clintons-kremlin-connection/amp/

    [​IMG]

    Democratic presidential candidate Hillary Clinton

    ...



     
  4. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Nov 17, 2006
    Messages:
    39,390
    Likes Received:
    10,421
    Gender:
    Male
    Occupation:
    Speaker/Teacher/Author
    Location:
    Dallas, TX
    Home Page:
    Ratings:
    +12,078
    ...


    Even Dangote is caught up in this mess :facepalm:


    PANAMA PAPERS: NIGERIAN ALIKO DANGOTE, AFRICA’S RICHEST MAN, FACING SCRUTINY


    The head of Africa’s largest cement producer, Aliko Dangote has built his substantial fortune upon solid foundations.

    But these could be shaken following the Panama Papers leak, which involved the disclosure of 11.5 million confidential tax documents from Panamanian law firm Mossack Fonseca ...

    http://www.newsweek.com/panama-pape...icas-richest-man-facing-scrutiny-445477?rx=us

    [​IMG]

    https://destee.com/threads/africas-richest-man-will-fix-nigerias-chronic-fuel-crisis.85312/


    ...

     
  5. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Nov 17, 2006
    Messages:
    39,390
    Likes Received:
    10,421
    Gender:
    Male
    Occupation:
    Speaker/Teacher/Author
    Location:
    Dallas, TX
    Home Page:
    Ratings:
    +12,078
    ...



    Bill Gates 'surprised' by who's NOT in Panama Papers


    "I was surprised there were so few Americans," Gates quipped to CNBC in an exclusive interview in Qatar.

    "Whenever you file your tax return, you are asked to declare what overseas bank accounts and assets you have. It doesn't mean that everybody, absolutely answers that question correctly," he said ...



    http://www.cnbc.com/2016/04/14/bill...adline|headline|story&par=yahoo&doc=103544725


    [​IMG]

    Lacey O'Toole | CNBC
    Bill Gates

    ...



     
  6. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Nov 17, 2006
    Messages:
    39,390
    Likes Received:
    10,421
    Gender:
    Male
    Occupation:
    Speaker/Teacher/Author
    Location:
    Dallas, TX
    Home Page:
    Ratings:
    +12,078

    Russian officials raid offices of billionaire whose newspaper published 'Panama Papers'


    Russian law enforcement raided the offices of a billionaire tycoon whose newspaper published the “Panama Papers,” a series of leaked financial documents detailing the offshore assets and illegal activities of international leaders and members of President Vladimir Putin’s inner circle ...


    http://www.foxnews.com/world/2016/0...-whose-newspaper-published-panama-papers.html

    [​IMG]

    Russian President Vladimir Putin (L) stands with businessman-turned-politician Mikhail Prokhorov during a state awards ceremony. (Reuters)


    ...


     
  7. NNQueen

    NNQueen going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Feb 9, 2001
    Messages:
    6,375
    Likes Received:
    1,430
    Gender:
    Female
    Ratings:
    +1,862
    I know this is off topic but indulge me for a moment. Is Putin STANDING next to Prokhorov? :ladder:
     
  8. NNQueen

    NNQueen going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Feb 9, 2001
    Messages:
    6,375
    Likes Received:
    1,430
    Gender:
    Female
    Ratings:
    +1,862
    What is disturbing is that the wealthy find ways to keep from paying taxes on their income (Panama Papers) and U.S. corporations are doing the same thing. But it seems that before he leaves office, Obama is disrupting a tax evasion practice that corporations have been benefiting from for a while:

    975631_1_0413-pfizer-stock-ticker_standard.jpg

    "Last week, the New York-based drug maker Pfizer scuttled its proposed $150 billion merger with Irish-based competitor Allergan after the Obama administration rolled out new rules to curb the tax savings Pfizer hoped to glean from the deal. The episode again highlighted tax-motivated inversions — where a U.S.-based firm shifts its residence abroad by combining with a foreign firm, while typically keeping its US operations and personnel in place.

    Like Pfizer, US companies flee abroad to pay fewer taxes, assisted by loopholes in the US tax code. While I applaud the new rules discouraging tax inversions, Congress could certainly do more and close the nation’s tax loopholes without waiting for comprehensive tax reform. And, if Congress does its job right, the US Department of the Treasury could stop patching the corporate tax quilt on its own." Read more

    Knowledge is power . . . when you act on it!
     
  9. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Jun 18, 2004
    Messages:
    32,002
    Likes Received:
    11,479
    Gender:
    Male
    Occupation:
    retired computer geek
    Location:
    north philly ghetto
    Ratings:
    +13,735
  10. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Nov 17, 2006
    Messages:
    39,390
    Likes Received:
    10,421
    Gender:
    Male
    Occupation:
    Speaker/Teacher/Author
    Location:
    Dallas, TX
    Home Page:
    Ratings:
    +12,078

    Russian President Vladimir Putin (L) stands with businessman-turned-politician Mikhail Prokhorov during a state awards ceremony. (Reuters)

    [​IMG]

    ...
     
Loading...