Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Tuesday 7 November 2017
Paradise Papers: How to Stop Tax Avoidance
From the ICIJ, the same consortium of journalists and media outlets that brought you Luxleaks and the Panama Papers, now comes the Paradise Papers. Everyone from Lewis Hamilton and Bono to Apple and Nike seem to pay less than their fair share and this time, it's all above board. The European Union announcing it's going to draw up a tax haven blacklist. But it's anyone's guess if member states can agree on a definition of a tax haven and how member states can enforce it. By François PICARD
