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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOxfam Reaction to new Expos of Secretive Tax Havens: This is where our missing hospitals are".
https://www.oxfam.org/en/press-releases/where-our-missing-hospitals-are-oxfam-reaction-new-expose-secretive-tax-havensOpen Letter to Media by Oxfam International Charity
Published: 3rd October 2021
The International Consortium of Investigative Journalists (ICIJ) published a new report today exposing the wealthy individuals and multinational corporations using tax havens to avoid paying their fair share of tax. Susana Ruiz, Oxfam Internationals Tax Policy Lead, said:
This is another shocking exposé of the oceans of money sloshing around the darkness of the worlds tax havens that must prompt immediate action, as has long been promised.
Bravo to the whistleblowers and journalists for shining a light into this secret parallel system of capital, one open only to those with fat amounts of money and the greed to hoard it all untaxed, and those who facilitate it.
This is where our missing hospitals are. This is where the pay-packets sit of all the extra teachers and firefighters and public servants we need. Whenever a politician or business leader claims there is no money to pay for climate damage and innovation, for more and better jobs, for a fair post-COVID recovery, for more overseas aid, they know where to look.
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Question is, in which countries will the prosecutors look and prosecute, and where where would they like to look but be either dismissed or demonized?
And where will lawmakers close expressway-wide tax loopholes available only to the ultra wealthy and the ultra immoral?
Who needs a shell company consisting of a mailbox address anyway?
empedocles
(15,751 posts)Great line.
Champp
(2,114 posts)Alexander Of Assyria
(7,839 posts)gratuitous
(82,849 posts)"The LORD will enter into judgment with the elders and princes of his people: It is you who have devoured the vineyard, the spoil of the poor is in your houses."
Today, Isaiah might say that the assets the wealthy have plundered from the poor are stashed away in secret offshore accounts.
Alexander Of Assyria
(7,839 posts)and income in a social contract for the betterment of all.
Maybe this kind of corruption, though perhaps not on such an industrial scale, has always been with us, to varying degrees, but it does not have to be so.
Laws written by corrupt men for corrupt men can be undone by good people using the simple tools of righteous moral indignation, electing the right people to wield them.
OldBaldy1701E
(5,137 posts)Question is, in which countries will the prosecutors look and prosecute, and where where would they like to look but be either dismissed or demonized?
I can name one that won't be looking. Too much peeking behind the curtain already for the ruling class's taste.
Alice Kramden
(2,166 posts)LiberalArkie
(15,719 posts)BComplex
(8,054 posts)There has to be some serious change in this world to get things straightened out.