repulsewarrior wrote:http://www.brookings.edu/blogs/order-from-chaos/posts/2016/04/07-panama-papers-putin-gaddy?utm_campaign=Brookings+Brief&utm_source=hs_email&utm_medium=email&utm_content=28202603&_hsenc=p2ANqtz-_QNcNQSqNRZXDLSGf9v10moHP7NpfVs6rFkwRDmbyvcuRhKWsaQ8i9XBNfi2pqkPqLM4RDN5DAQiR4IgBfCTfHRVut8Q&_hsmi=28202603
...you will find this funny.
Intrigue of the very best kind, better called the Putin Papers.
Yes but I don't like papers like this with their agendas.
mainly because the problem is a very real one. In Australia alone, some 850 companies and super wealthy individuals have been named.
We are talking about companies like BHP Billiton, Woodside Petroleum (this company wants to take over America's noble Energy) and some Banks have been named. we are talking about companies with a net worth approaching 300 Billion or about 15 times the Cypriot GDP.
Some of the activities are legal, but you can be sure that a lot is tax avoidance.
The same with Pootin. He couldn't possibly be implicated but instead has set up proxies which is not uncommon. Other politicians have done the same. David Cameron's father was also implicated.
It is true that there is one set of rules for the majority and another for the super wealthy. The Super Wealthy is virtually untouchable.
So what can be done? Not very much at all. Just look after yourselves. Every Man and Woman for themselves, and if you get away with stuff then good luck to you.
As Kerry Packer once said, "you have to be stupid to not look at ways to minimize tax"