When news of the Panama Papers broke earlier this week, it was a bombshell. But it later emerged that German prosecutors had reportedly launched an … Why the Panama Papers Scandal Isn’t Such a Scandal After AllRead more
Tax
Posted inEconomics / Tax / ToMl / USA Empire
We are New York’s millionaires and we say: raise our taxes
Dear Governor Cuomo and Legislative Leaders, We are upper‐income New Yorkers who treasure the quality of life in our state. However, we are deeply concerned … We are New York’s millionaires and we say: raise our taxesRead more
Posted inEconomics / Internet / Tax / ToMl
Do Not Be Impressed by Mark Zuckerberg’s Phony Generosity
CEO Mark Zuckerberg promises to give 99% of his Facebook shares to charity — eventually. Exact phrasing: the stock, currently worth $45 billion, will be … Do Not Be Impressed by Mark Zuckerberg’s Phony GenerosityRead more
Posted inEconomics / Tax / ToMl
French Banks’ Activities in Tax Havens
The following press release is published by Oxfam France; CCFD-Terre Solidaire; and Secours Catholique-Caritas. The accompanying study uses the first fully available public Country-by-Country reporting … French Banks’ Activities in Tax HavensRead more
Posted inEconomics / Medicine / Tax / ToMl
Sanders Demands Treasury Block Pfizer Tax Dodging Deal
In a bid to prevent what has been called the biggest tax evasion scheme of its kind—and others like it—Sen. Bernie Sanders of Vermont has … Sanders Demands Treasury Block Pfizer Tax Dodging DealRead more
Posted inEconomics / Fossil fuel / Oil / Tax / ToMl
Another £1 billion tax cut for oil and gas
“We understand that tax affects behaviour. So let’s tax the things we want to reduce, not the things we want to encourage.” Thus spoke Chancellor … Another £1 billion tax cut for oil and gasRead more
Posted inEconomics / Journalism / News / Tax / whistleblower
Whistleblowers & Journalist Go on Trial in “Luxembourg Leaks” Case
In Luxembourg, two former PricewaterhouseCoopers employees and a journalist have gone on trial over a massive leak that exposed corporate tax dodging. The so-called Luxembourg … Whistleblowers & Journalist Go on Trial in “Luxembourg Leaks” CaseRead more
Posted inEconomics / Tax / ToMl
Top Tax Rate Should Be 80%
1. Massive Redistribution Has Occurred. Upward. Total U.S. wealth increased by a stunning 60 percent since 2009, from $54 trillion to $86 trillion, but 3/4 … Top Tax Rate Should Be 80%Read more
Posted inEconomics / Tax / ToMl
Why Google is paying just 2% tax rate in the UK
The Daily Mirror newspaper in the UK is running a story entitled Google is paying even LESS tax than thought as UK deal is just … Why Google is paying just 2% tax rate in the UKRead more
Posted inEconomics / Tax / ToMl
Why Google (and other multinationals) are still not paying their fair share of corporation tax
Google says that it pays the tax required by every company in every country it operates. This is true apart from where the odd tax … Why Google (and other multinationals) are still not paying their fair share of corporation taxRead more