Power Elite

‘Paradise Papers’ Leak Details How Major Corporations Evade Taxes

JayWill7497
Written by JayWill7497

The latest leak of documents known as the ‘Paradise Papers’ provide important details about how the world’s largest corporations are evading taxes through a variety of tricks and keep their earnings from being taxed. Economist and investigative reporter James S Henry explains

Responding to the 11.5 million documents leaked this week showing how a Panama law firm helped some of the world’s wealthiest people establish offshore tax havens on the Central American country – the so-called Panama Papers – Bernie Sanders on Tuesday vowed to end the Panama Free Trade Agreement, tying Hillary Clinton to the same policies that he claimed fostered the practice.

“The Panama Free Trade Agreement put a stamp of approval on Panama, a world leader when it comes to allowing the wealthy and the powerful to avoid taxes,” the Vermont senator said in a statement released through his campaign, adding that he has been opposed to it “from day one.”

Vowing to use his authority as president to “terminate the Panama Free Trade Agreement within six months,” Sanders said his administration would “conduct an immediate investigation into U.S. banks, corporations and wealthy individuals who have been stashing their cash in Panama to avoid taxes.”

“If any of them have violated U.S. law, my administration will prosecute them to the fullest extent of the law,” he stated.

Hillary Missing After What Was Just Found On Body In Horrific Explosion, Even Dems Are Done With Her Now

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The Establishment continue to push forward in their attempt to shut down the alternative press that is rapidly growing and pushing out the faltering mainstream media. As the EU demands social media sites censor fake news and Reddit, Facebook and other sites begin blocking Fusion Laced Illusions and other alternative media it is now alarmingly evident that their truly is a war on free speech.

 

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About the author

JayWill7497

JayWill7497

Reporter, Journalist, Blogger, Researcher. I am committed to providing information by posting/archiving videos, articles, and links. I also investigate to raise awareness on numerous issues, inspire critical thinking, involvement, and hopefully to help make our world a better place for all. “The truth, always the truth at all costs”