One of the funny things about the Panama Papers was how few Americans were in it. This is not a point in America’s favor, but an illustration of how loose and flimsy American tax law is in practice. You don’t need these elaborate shell companies to avoid taxation, because tax avoidance for folks in the mega-million brackets is baked into the system.
Excellent point. The miles long US tax code leaks taxation on the wealthy like a sieve, by design, such that many of our billionaires pay less than average working class citizens. It’s grotesque, and even now they’re pushing to strip healthcare from millions to pay even less.
I have heard some dems a/b testing recently on ideas of taxing wealth not work. I really like that approach in theory, hope it sticks and we can finally start narrowing the insane and utterly untenable wealth gap.
Obama did a response to the film The Laundromat (which is excellent), where he said, yes this is one of the keystone problems we have, but there is not going to be a fix for it, because the people that could fix it are benefitting from it. I’ve never seen him quite that defeated before.
Any chance you have a link or transcript?
I found a related clip, not precisely what the commenter mentioned but it’s the same mold - Obama talking about the Panama fraud itself, rather than the movie
There is a fix but it will be bad
Heads or tails
Both.
+1 for a link to the video please
Well the rich people aren’t going to be the ones doing anything about it. Did any of you?
shakira, JACKIE chan was also in the paper, i wonder if this one of his motivations for trying to be part of the CCP.
Remember the Epstein files?
The insurrection?
Trump’s felonies?
Trump’s rapes?
This is good, straight to the shit post office.
As soon as the government opens, we need to blast about the Epstein files.
Not “nothing” happened. Daphne Galizia, a journalist who worked on the expose, was assassinated with a car bomb. Last year, all former employees of Mossak Fonseca (the Panamanian legal firm that helped create the tax dodge structures for the offending corps) were acquitted.
We need to be fucking shit up
The magic the gathering class of people are apathetic
The real message was - taxes are for suckers like us. Conclusion - don’t be a sucker.
What do you mean nothing happened. Meryl Streep made a movie about it. And THEN nothing happened.
Didn’t the person who leaked that get blown up by a car bomb? That’s not nothing.
Not quite. So far as I’m aware the actual leaker remains anonymous, and the journalist they originally gave the documents to is okay. However, two journalists who were involved in picking apart the actual content of the papers and reporting on it were murdered, Daphne Caruana Galizia and Ján Kuciak. Galizia was the one who was killed with a car bomb
Fucked
Ján Kuciak, murdered together with his wife in their house, in their bed while sleeping. Meanwhile our current (Slovak) government party at that time campaigned and promised to “catch their killer and solve the murder”. You can guess whether they delivered on that promise( spoiler: they didn’t)
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Many countries elect them to high office and/or have nothing bit high praise for these parasites.
It caused mass protests in Iceland and the prime minister resigned over it.
At least Iceland cared?
Same as 2008
Something did happen carbombed the journalist who reported on the corruption
And then they’re was surprisingly (or, in hindsight, not so surprising) little reporting on the carbombed journalist
and then the news dropped the stories after she was killed, they were waiting for a moment to stop talking about the papers. Now they arnt even talking about epstein files.
I think about this more often than I like.
We’ve also known for decades rich people like to gather at the pedophile island.
a dead one is the best kind
Nothing ever happens guy wins again
Not a good damn thing
