While politicians are screaming about tax evasion worldwide, Pandora papers show that bureaucrats are the worst offenders-
While politicians are screaming about tax evasion worldwide, Pandora papers show that bureaucrats are the worst offenders-
While bureaucrats around the world continue to ask for access to all financial decisions that they make, hide politicians and celebrities worldwide, according to the Pandora Papers, great assets in tax havens. While American politicians such as the bidet government claim to be against tax corruption, some consider the United States as the "main tax lagoon" in the world.
pandora papers reveal hypocrisy among bureaucrats worldwide, US officials expire
In the past month, the bidding government and other US politicians discussed a draft law that is supposed to combat tax evasion by the so-called billionaire class and companies. aims at it, which aims to U.S. internal Revenue Service (IRS) to grant access to bank account information regardless of tax liability. At a farewell, financial institutions all over the country would have to report accounts with transactions worth at least $ 600 or more. also a suggestion to introduce" not realized capital gains " "Anti-deferral accounting".
The Pandora Papers are twice as large as the offshore accounts and the number of officials mentioned in the Panama Papers. The connections to offshore systems also came from celebrities such as the professional cricket player Sachin Tendulkar, the model Claudia Schiffer and the world-famous singer Shakira. Interestingly, prominent American bureaucrats succeeded in keeping out of the results of the investigation despite the record -breaking money supply expansion of the United States in the past two years.
A reporter asks: "Why are there no big American names in Pandora papers?" Russia's press spokesman says that the USA is the most important tax lodging for the whole world
Some media such as NPR and the Washington Post mentioned the tax evasion of American bureaucrats and the country's contribution to the Pandora Papers. The Washington Post (WP) quickly said that the Americans use the same methods of tax evasion, but no civil servant was in the wp-report . A devastating test report from the independent, no American politicians mentions, But the author decides to investigate why high-ranking US citizens were not included in the list in the Pandora Papers. While prominent Americans managed to avoid the ICIJ's investigation, the country itself failed.
researchers found that the USA is known as a tax haven and that people from abroad hide funds in certain areas in the United States. In addition, the investigation showed that Americans hide money in other countries such as Central America, but no specific names were included in the investigation. "The records also show how a company in Central America became a central point of contact for American customers that enables them to hide their assets while they are criminal law investigation or legal proceedings," the WP author wrote about the evidence found in the Pandora Papers.
the independent emphasizes that the governments of the states of Nevada and South Dakota have become tax havens for foreigners. NPr called "Easy laws on financial secret that compete with those of offshore jurisdiction" While the western media did not bring prominent American bureaucrats into play, the Russian Foreign Ministry mocked the United States because of the results in the Pandora Papers. The press spokesman for Russian President Vladimir Putin, Dimitri Peskow, said the newspapers would make US politicians look like hypocrite.
"It is striking which country is the largest lagoon in the world. Of course, these are the USA," Peskov told the press last week. "This does not correlate at all with its explanation for fighting corruption ... We see that the United States is the most important tax lagoon for the whole world," emphasized the press spokesman for the Russian President.
In the meantime, US politicians are trying to enforce a tax reform that allegedly aims at companies and the so-called billionaire class. However, the proposed guidelines mentioned in the "American Family Plan Tax Compliance Agenda" do not seem to be targeting the American wealthy. Civil rights groups and data protection advocates are concerned about the concepts of "non -realized capital profits", which means that citizens have to pay capital gains before they sell their assets at all.In addition, IRS Commissioner Charles Rettig and finance minister Janet Yellen would like to report that banks report deposit and withdrawal information connected to the average American bank account. The mix of the Pandora Papers and ideas, such as the proposed Tax Compliance Agenda, shows that the political class of the so -called public staff in the USA was a hypocrite and clearly benefited at the expense of everyone else.
It shows that politicians around the world complain about the tax evasion of the average citizen, but it is bureaucrats that break their own rules or take advantage of legal loopholes that they have created to protect their own assets.
What do you think of the Pandora Papers and why, do you think, have the Americans manage to stay out of this investigation? Let us know your opinion on this topic in the comments below.
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