Black People Politics : Panama Papers Leak

Queenie

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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
 
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


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/

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Democratic presidential candidate Hillary Clinton

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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

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


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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


102645166-20150504-0493-1262.530x298.jpg

Lacey O'Toole | CNBC
Bill Gates

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