Bwahahaha. RT quotes from report how corrupt US is, buries that Russia is corrupt as well.

[DetlefK]

Warning: RT is not a trustworthy news-source, because they regularly lie by omission. Handle with care.
https://www.rt.com/business/417874-switzerland-us-most-corrupt/


https://www.financialsecrecyindex.com/introduction/fsi-2018-results
https://www.taxjustice.net/2018/02/02/financial-secrecy-index-2018-watch-listen/
This week the Tax Justice Network released the results of the 2018 Financial Secrecy Index bringing the real story on global corruption to the world’s attention. We’ve seen some of the usual protests from some in the offshore world but what they cannot get away from, much as they might like to, is that the index is based on objective, verifiable criteria. There are no perceptions here, no opinions. The Financial Secrecy index is a politically neutral ranking, the only one available to aid genuine understanding of global financial secrecy, tax havens or secrecy jurisdictions, and illicit financial flows or capital flight.

It’s a result of over a year of research by a dedicated team using information on the legal, administrative, regulatory, and tax structures of the jurisdictions assessed. The main data sources are official and public reports by the OECD, the associated Global Forum, the FATF and IMF. In addition, specialist tax databases and websites such as by the IBFD, PwC, Lowtax.net and others have been consulted. Surveys have been sent to the Ministries of Finance and the Financial Intelligence Units of all 112 reviewed jurisdictions which included targeted questions about the jurisdiction’s tax and regulatory system.



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1. The method of this report scales the corruption with the square-root of the amount of money that's flowing. A barely corrupt country where lots of money is going through can still score very high on this corruption-index.

2. RT's article somehow forgot to mention that Russia comes in on place 29. More corrupt than e.g. Bermuda, Liberia, Liechtenstein...

3. According to that very same report, Russia is also more corrupt than Ukraine... which Russia routinely lambasts as being corrupt. Russia is ranked 29, Ukraine is ranked 43.

4. RT also forgot to mention that Russia's laws are friendlier to corruption and tax-evasion than US laws. Russia scores 64 points in that category, US scores 60.

[Hortensis]

1. "Corrupt as well"? Why are you posting from RT with

a claim that Russia's "corrupt as well" [as us]?

Comparing corruption here to Russia's is too dishonest a stretch to even call fake equivalency.

Russia is a kleptocracy. When the rotten, corrupt Soviet Union collapsed, the criminals too over. Until the Republican tax heist in December, we never came within light years of what's been happening in Russia. And we're still in an enormously different class, which Russians, who've shopped at black markets for decades the way we shop at supermarkets, have a justice system that would terrify us, and vote for candidates who can't lose, can't even imagine.