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.
Got a tip or a rumor? Contact me here.
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.
Copyright Disclaimer: Citation of articles and authors in this report does not imply ownership. Works and images presented here fall under Fair Use Section 107 and are used for commentary on globally significant newsworthy events. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.
Spread the word! LIKE and SHARE this article or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Fusion Laced Illusions content!
Report typos and corrections to email@example.com
Contact Fusion Laced Illusions by email.
You can reach us at JWilliams7497@gmail.com Letters may be published. Want to see other people talking about Fusion Laced Illusions? Check out our letters to the editor.