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Panama Papers: Mossack Fonseca leak reveals elite's tax havens

bbc.com

61–70 of 452 posts

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#61
post #53

Earlier quoted context omitted.

Maybe, but "father of a PM" is not even close to the same thing as "PM". If Cameron's father has done something wrong, that doesn't (shouldn't) affect perceptions of his son. The days of punishing children for the crimes of their parents are long in the past. Assuming the guy did anything wrong, of course. As these articles note, off shore companies are not illegal.

Ok so they can talk about Putin's childhood friend, but not about Cameron's father?

The implication was that Putin's childhood friend is running a scheme that Putin is taking part in.

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#62

Hilarious that BBC, a broadcaster paid for by British tax payers, has a subheading in that article titled "Russian connection" describing various dealings of Russian characters who are "close associates" of Putin and an equally sordid "Iceland connection" but not even a mention of David Cameron's father's tax evading schemes listed in the documents which the people of Great Britain should be vastly more interested in…

Which is why it's good that this massive pile of data is analyzed by a huge load of international newspapers. This way, papers can selectively publish stuff that won't put themselves in too grave danger - just look what happened to The Guardian with the Snowden leak (visits from three-letter agency officials) or what happens in Turkey, Ukraine or Hungary with media that dares to publish stuff too offensive to the res…

I mean sure journalists and meme-makers will spin this however it suits them, but I thought here in the west we're assured that we have freedom of press. This type of obvious slant certainly doesn't make it seem that way.

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#63
post #49

Hilarious that BBC, a broadcaster paid for by British tax payers, has a subheading in that article titled "Russian connection" describing various dealings of Russian characters who are "close associates" of Putin and an equally sordid "Iceland connection" but not even a mention of David Cameron's father's tax evading schemes listed in the documents which the people of Great Britain should be vastly more interested in…

Both the British and (especially) German [0] media are virulently anti-Russian. They blame Russians for all of their ills. Societal problems? Blame Russians. Anything that happens in their countries, they manage to find an angle to blame it on Russians somehow. Norway [1] & Sweden are also under a constant paranoia that Russians are just days away from invading them. But nothing compares to German media when it comes…

While you are being downvoted, I concur, of all the people mentioned in the Panama papers [1] Russians for one reason or another drew unproportionally much attention of the media. By looking at the source [0][2, for posterity] I can only infer that Putin is in the center of the web.

[0] http://panamapapers.sueddeutsche.de/

[1] https://panamapapers.icij.org/the_power_players/

[2] http://panamapapers.sueddeutsche.de/wp-content/uploads/2016/...

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#64
post #59
post #49

Earlier quoted context omitted.

Both the British and (especially) German [0] media are virulently anti-Russian. They blame Russians for all of their ills. Societal problems? Blame Russians. Anything that happens in their countries, they manage to find an angle to blame it on Russians somehow. Norway [1] & Sweden are also under a constant paranoia that Russians are just days away from invading them. But nothing compares to German media when it comes…

As a regular reader of German news, this does not seem true to me. My impression is that the German media are more Russia-friendly than their British and American counterparts. After all, Russia and Germany could be natural allies from a geostrategic perspective.

Go on BILD, Die Welt and Der Spiegel and read articles in German. I'm semi-fluent in German (studied it for 5 years and lived there for a year) and from my experience everything I said is true. I've added some references.

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#65
post #44

Earlier quoted context omitted.

> This is a multi-state G20 planned leak and not the work of some moral insider or hacker, the money laundering world is becoming a difficult place and for good reason. I agree And of course those in the know are moving to hide their assets somewhere else

The heads up was given a long time ago, you won't find their names in the leak, it's kinda funny Sigmundur Davíð Gunnlaugsson is being outed, I guess he didn't get the memo on account of his recent actions.

The leak is of historical documents dating back decades, not a snapshot of current setups. So I don't see why that'd affect anything.

I really doubt this is some sort of official leak though. Governments hate leaks of all kinds.

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#66
post #53

Earlier quoted context omitted.

Maybe, but "father of a PM" is not even close to the same thing as "PM". If Cameron's father has done something wrong, that doesn't (shouldn't) affect perceptions of his son. The days of punishing children for the crimes of their parents are long in the past. Assuming the guy did anything wrong, of course. As these articles note, off shore companies are not illegal.

Ok so they can talk about Putin's childhood friend, but not about Cameron's father?

[deleted]

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#67

Hilarious that BBC, a broadcaster paid for by British tax payers, has a subheading in that article titled "Russian connection" describing various dealings of Russian characters who are "close associates" of Putin and an equally sordid "Iceland connection" but not even a mention of David Cameron's father's tax evading schemes listed in the documents which the people of Great Britain should be vastly more interested in…

the BBC's bias against Russia is notorious, surpassed only by washingtonpost, but I don't know if that one is taken seriously anyway.

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#68
post #30

> as well as Ukrainian President Petro Poroshenko, who has positioned himself as a reformer in a country shaken by corruption scandals I wonder how Ukrainians ,who fight for him and his "freedom" ideas, will react to this

As a Ukrainian, I'm livid. Our media mentioned Putin's offshores but obviously forgot about Poroshenko's. Same shit, different day.

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#69
post #49

Hilarious that BBC, a broadcaster paid for by British tax payers, has a subheading in that article titled "Russian connection" describing various dealings of Russian characters who are "close associates" of Putin and an equally sordid "Iceland connection" but not even a mention of David Cameron's father's tax evading schemes listed in the documents which the people of Great Britain should be vastly more interested in…

Both the British and (especially) German [0] media are virulently anti-Russian. They blame Russians for all of their ills. Societal problems? Blame Russians. Anything that happens in their countries, they manage to find an angle to blame it on Russians somehow. Norway [1] & Sweden are also under a constant paranoia that Russians are just days away from invading them. But nothing compares to German media when it comes…

this getting heavily downvoted is telling of how well the propaganda is working in the west.

Re: Panama Papers: Mossack Fonseca leak reveals elite's tax havens

#70
post #42
post #20

Earlier quoted context omitted.

One article claims there is $20 trillion hidden in tax havens.[1] That sounds like a lot, but considering that this is money that has accumulated over the course of decades (say 30 years), and only a portion of it would be taxable (say 20%), that would give an annual revenue stream of $133 billion per year. If that all went to the US, that would be about 7 times more than is collected by the estate tax, which is less…

$133 billion per year! That would buy us one F-35 fighter jet per year!

That's about 1/5th of the tax burden we pay in the U.S. dealing with obesity-related illnesses each year.
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