95 Theses Against the Rule of the Financial Markets (tags)
The financial markets have made themselves independent of the real economy. As the selling of indulgences led to Martin Luther's 95 Theses in 1517, the rule of speculative financial markets has led to revenue shortfalls of US cities and states. Tax havens hide between $22-33 trillion.
Tax haven USA wants to dry up other tax havens (tags)
Two US states lure with particularly lax laws for companies. Constructions such as mailbox companies, which help to conceal the true owners of companies, are flourishing. The American government can certainly be accused of double standards in this matter:
Poor Countries Lose Billions from Tax Avoidance, Reveal "Mauritius Leaks" (tags)
The International Consortium of Investigative Journalists (ICIJ) released evidence that laws in the country of Mauritius help corporations avoid taxes globally, including on the continent of Africa.
State Debts - The Primal German Fear (tags)
Unlike a private homebuilder, the state can be indebted and never expect the entire debt to be repaid. For most, taxes are a book with seven seals. A tax-cutting lobby exploits our unease over taxes for their purposes. Social cohesion declines and milieu egoism increases.
The Struggle against Aggressive Tax Avoidance (tags)
Experts estimate a fifth of world wealth is hidden from the tax authorities of states and considerable parts of international corporate profits are not taxed. Google and Amazon parked billions in shadow financial centers. Tax avoidance makes a functioning state impossible
The Driving Force of Global Inequality (tags)
Behind closed doors, a powerful industry has developed worldwide since the 1980s: tax avoidance. Taxes that are avoided must be compensated by higher taxation of households with lower incomes.
The Shortwave Report 11/10/17 Listen Globally! (tags)
A weekly 30 minute review of international news and opinion, recorded from a shortwave radio and the internet. With times, frequencies, and websites for listening at home. 3 files- Highest quality broadcast, regular broadcast, and slow-modem streaming. NHK Japan, Radio Havana Cuba, Spanish National Radio, and Sputnik Radio.
The Shortwave Report 10/20/17 Listen Globally! (tags)
A weekly 30 minute review of international news and opinion, recorded from a shortwave radio and the internet. With times, frequencies, and websites for listening at home. 3 files- Highest quality broadcast, regular broadcast, and slow-modem streaming. Spanish National Radio, NHK Japan, Radio Havana Cuba, and Sputnik Radio.
The Shortwave Report 06/02/17 Listen Globally! (tags)
A weekly 30 minute review of international news and opinion, recorded from a shortwave radio and the internet. With times, frequencies, and websites for listening at home. 3 files- Highest quality broadcast, regular broadcast, and slow-modem streaming. Sputnik Radio, Radio Havana Cuba, Spanish National Radio, and NHK Japan.
The Shortwave Report 04/07/17 Listen Globally! (tags)
A weekly 30 minute review of international news and opinion, recorded from a shortwave radio and the internet. With times, frequencies, and websites for listening at home. 3 files- Highest quality broadcast, regular broadcast, and slow-modem streaming. Spanish National Radio, Radio Havana Cuba, NHK Japan, and Sputnik Radio.
One Year Anniversary of Panama Papers Leak (tags)
More than 11 million documents were leaked from a law firm based in Panama a year ago today.
Treasury Extends Anti-Money Laundering Luxury Real Estate Regulations (tags)
Treasury's Financial Crimes Enforcement Network (FinCEN) renewed requirements for title insurance companies to identify the real owners behind shell companies in six major metropolitan areas.
Democracy and the Uncanny Power of Money (tags)
Growing inequality is the greatest political problem of our time. Governments are often only actors or puppets of an anonymous regime for the benefit of the privileged where the interests of simple people do not count.
Five myths about tax havens (tags)
When tax havens assist kleptocratic elites in hiding their cash with impunity, they don’t guard against corruption and despotism — they help perpetuate them. Tax havens provide an escape route from laws that is available only to a rich minority that can afford to use it...
Tax Havens: Threat for Public Budgets (tags)
The common good is abused. The struggle against tax havens is a struggle for the rule of law and democracy. Apple, Google, Amazon, Boeing and GE shift tens of billions to tax havens. According to a 2013 article, one building in Delaware has 285,000 mailbox firms.
The Shortwave Report 04/08/16 Listen Globally! (tags)
A weekly 30 minute review of international news and opinion, recorded from a shortwave radio and the internet. With times, frequencies, and websites for listening at home. 3 files- Highest quality broadcast, regular broadcast, and slow-modem streaming. Spanish National Radio, Radio Deutsche-Welle, Radio Havana Cuba, Sputnik Radio, and NHK World Radio Japan.
"Panama Papers" Release Highlights Need for US Shell Company Legislation (tags)
More than 11 million leaked documents from a major Panama-based "off-shore" law firm reveal how the global financial system enables corruption and tax evasion.