Make a blacklist of tax havens among the millions of documents evidence that some of the worlds richest individuals and businesses are doing whatever they can to hide their cash from the tax man the queen of england is there the Rock Star Bono Two American Firms Apple facebook and nike are also part of it. The massive Paradise Papers leak is a snapshot of global tax dodging in Sixteen Million documents most of them out of bermuda big names and Big Companies are caught once more in a controversy over their finances thats boosting those who want to end tax dodging in the u. K. Opposition leader Jeremy Corbyn suggested the queen should apologize after the leaks showed her state made offshore investments we simply have to challenge the culture that the something clever about avoiding taxation taxation is what gives us ambulances gives us far attenders gives us safety in our lives and we all have
a responsibility to pay for it others have greeted the revelations with a shrug russian officia
a figure if you want to reading people don t know simply because of the secrecy and we know that almost half of world trade now goes through taxation so we have no idea how much is stashed there and it s not like the money is stashed in the caribbean account it s actually in the banks in britain america and in germany and other you know western well i think the leaks really do go to the heart of the one product that this offshore world does provide and that is secrecy and if you no longer have secrecy then you no longer have a product to sell and i think that s probably the biggest blow that you can take to this is the system basically is i think it will take more leaks like this it will take whistleblowers coming forward you know luckily we re in an era where people can leak information on a scale never thought possible before and i think that unless the governments are prepared to fix this then people will continue to take matters into their own hands by giving this kind of material
much is in tax havens people can you can quote a figure you can pretty much make up a figure if you want to reading people don t know simply because of the secrecy and we know that almost half of world trade now goes through taxation so we have no idea how much a stash there and it s not like the money is stashed in the caribbean account it s actually in the banks and britain america and in germany and other western countries that s where the money stays it s just that on paper it moves to know if your company for tax reasons so basically you make sure that your profits end up in a place where they re not being taxed so to summarize this all why do we need leaks like this we ve known the rich and famous hide their money forever yet it seems that it s still never really a big election issue in most countries and after all that s what s needed to make a big change. well i think the leaks really do go to the heart of the one product that this offshore world does provide and that is secrec