31–40 of 459 posts
It's funny how the people of Russia and the US are framed as being such great enemies when in reality many of the rulers of both countries have more common interests with each other than they do with the citizens of their own nations.
Honestly, nothing new. Does anyone still care? Action is being taken on an international level to combat avoidance, but it takes time. These types of offshore vehicles offer privacy and serve various specific purposes (e.g. tax transparent international investing). Yes, they can be used for illegal purposes (sometimes), but frankly that seems like the minority to me. What worries me a bit though, is the fact that hea…
Welcome to the Soros funded news cycle. Use whatever means necessary to destroy your political opponents. Besides the points you raise, how do we know the info being made available hasn't been filtered to avoid friendly fire? There isn't a nickel's worth of difference between most of the elites, but Soros funding of these sorts of things is usually self serving.
"Over and over again courts have said that there is nothing 851*851 sinister in so arranging one's affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant."[1]
Rather, it is the governments of the world we should be going at if we want this behaviour to change. But then again, it is always easier to find a fat scapegoat with a shiny appearance.
[1]https://scholar.google.com/scholar_case?case=628482160657957... (last paragraph)
Honestly, nothing new. Does anyone still care? Action is being taken on an international level to combat avoidance, but it takes time. These types of offshore vehicles offer privacy and serve various specific purposes (e.g. tax transparent international investing). Yes, they can be used for illegal purposes (sometimes), but frankly that seems like the minority to me. What worries me a bit though, is the fact that hea…
It's the wrong angle. One should not look at corporations as the moral saviours. As Supreme Court Judge Learned Hand once said: "Over and over again courts have said that there is nothing 851*851 sinister in so arranging one's affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, n…
It's the wrong angle. One should not look at corporations as the moral saviours. As Supreme Court Judge Learned Hand once said: "Over and over again courts have said that there is nothing 851*851 sinister in so arranging one's affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, n…
When it comes to reporting information obtained from "secrecy jurisdictions", I think a standard of "if it's not illegal to report, it's OK to report" is reasonable.
After all, that's the same standard you're advocating for managing your tax affairs.
I know the starting conditions can be unfair, but we kinda need people at the top to make the whole thing work. If the world runs on money, then there will always be a poorer place that wants to attract the rich, and so havens are born. Let's not forget the rich spend a lot of money in their own country too, which is an essential part of a thriving economy.
It's funny how the people of Russia and the US are framed as being such great enemies when in reality many of the rulers of both countries have more common interests with each other than they do with the citizens of their own nations.
Thankfully. Not to mention that they have a reason to be friendly since we have mutually assured destruction that would ensure the ruling classes will die if all out war ever breaks out.