john bussey from the wall street journal on that. got me thinking, which is always dangerous, john. don t count on that dough from the rich. in the pandora paper cases that are coming up, they re creative with finding ways to stash their dough, aren t they? yes, they are. this has gone on for decades. wealthy individuals, companies use offshore tax shelters to funnel their transactions through to avoid property taxes, to avoid income taxes, to avoid corporate taxes. so it s not necessarily illegal. it does not present itself as an option to the average joe and josephine that are doing their taxes and paying their taxes every year. what the pandora papers show is that this is fairly extensive. a lot of heads of state, celebrities, a lot of bold names in the list of people that are
significantly easier to set up a she“ significantly easier to set up a shell corporation, an entity of the sort, than it is to acquire a library card in these countries, so it tells you the ease with which these entities have operated, the ease with which the industry exists, and i think for long there has been, it has never been clear that the economic incentives that these industries provide have a clear negative effect, sometimes on human rights, and aid assistance that the us provides or on otherforeign policy goals and really bringing that home has made legislative change. by no means perfect, it is still as the pandora papers show, still as the pandora papers show, still very much an egregious problem. but there have been critical in roads that have been made in the last few years to better capture and better address this. thank you for your thoughts. let s return to the headaches that