Panama Papers. How the rich avoid taxes.

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  • freecartoonporn
    Confirmed User
    • Jan 2012
    • 7683

    #16
    and this is news ?
    nobody suspected it ? damn shame.
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    • LetterTwenty7
      Porn SEO
      • Feb 2015
      • 1825

      #17
      Originally posted by freecartoonporn
      and this is news ?
      nobody suspected it ? damn shame.
      Good point. This is not new, but it is news when they get caught.
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      • Paul Markham
        Too old to care
        • Jun 2001
        • 52942

        #18
        Originally posted by Muad'Dib
        I pay enough taxes paying for products. VAT, etc.

        If they want more, they should stop handing out my money to dindus who destroy civilized society.
        I agree with you that we should stop dead all migration except for high skilled and rich. Reduce benefits for the third or more children. It won't eliminate the unemployed or low paid, it will stop the increase.

        However who or what created the Dindus you harp on about? Like fat people, there were very few of them around in the 50s, 60, and 70s. Look to the people who have massively benefitted by increasing their numbers for the real culprits, they brainwashed you to blame the symptons not the cause.



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        • Paul Markham
          Too old to care
          • Jun 2001
          • 52942

          #19
          Originally posted by Vendot
          Very simplistic understanding you have about this.

          People and Entities that generate significant cash represent less than 1%. The 1% own more than half the assets in the world and pay much more than half the total tax generated globally. However it is not just tax revenue that matters, it is the velocity of money they create through the money they generate for the banking system which in turn (through fractional reserve banking) means expanding credit, supporting the economy and growing GDP globally.

          They are *very* sophisticated and there is NO WAY you can stop them doing whatever they choose to do. They also control the entire functioning of the world, so attacking them is a bit like attacking the Golden Goose. You fuck with them and no more eggs.

          It's a FACT. Now if you were a serious business person (which you have proven you are not) and had a decent understanding of economics, you wouldn't have come up with a statement like that in the first place.
          If we weren't exporting jobs and importing cheaps goods. You would be spot on.

          The fact is there's nothing to stop more jobs and wealth leaving the West. No Golden Goose, no eggs.



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          • Paul Markham
            Too old to care
            • Jun 2001
            • 52942

            #20
            Originally posted by Grapesoda
            Paul would you pls stop justify being a loser.... seriously
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            • Vendot
              Confirmed User
              • May 2002
              • 3376

              #21
              Originally posted by Paul Markham
              The fact is there's nothing to stop more jobs and wealth leaving the West. No Golden Goose, no eggs.
              That's right but the point is that whatever is left, you should try to encourage to stay not the opposite.

              Look at what happened with HSBC over tax issues. They threatened to leave the UK for Hong Kong over the last two years - finally, when push came to shove and they were ready to go, the government caved in with some big concessions. Surprise surprise, HSBC has now decided to keep its UK domicile.

              If you attack the entity, they just jump off the ship, its easy enough to do. So, inspite of all this media storm and posturing, don't be under any illusion about who's in charge.
              "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

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              • slapass
                Too lazy to set a custom title
                • Nov 2002
                • 14625

                #22
                Originally posted by Paul Markham
                I agree with you that we should stop dead all migration except for high skilled and rich. Reduce benefits for the third or more children. It won't eliminate the unemployed or low paid, it will stop the increase.

                However who or what created the Dindus you harp on about? Like fat people, there were very few of them around in the 50s, 60, and 70s. Look to the people who have massively benefitted by increasing their numbers for the real culprits, they brainwashed you to blame the symptons not the cause.
                In the US it has been about 3% since the 80's. I have not looked further back then that. They pretty much have always been there and people just like to bitch about it.

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                • Joshua G
                  dumb libs love censorship
                  • Jul 2008
                  • 8198

                  #23
                  Originally posted by Rochard
                  I've said this over and over again - only the poor pay taxes.
                  yep its easy to be a big liberal & rich. you can go on TV & shill for free college for all, knowing full well your not gonna be paying for it.

                  Comment

                  • slapass
                    Too lazy to set a custom title
                    • Nov 2002
                    • 14625

                    #24
                    It seems to be having an effect on the stock markets.

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                    • Paul Markham
                      Too old to care
                      • Jun 2001
                      • 52942

                      #25
                      Originally posted by Vendot
                      That's right but the point is that whatever is left, you should try to encourage to stay not the opposite.

                      Look at what happened with HSBC over tax issues. They threatened to leave the UK for Hong Kong over the last two years - finally, when push came to shove and they were ready to go, the government caved in with some big concessions. Surprise surprise, HSBC has now decided to keep its UK domicile.

                      If you attack the entity, they just jump off the ship, its easy enough to do. So, inspite of all this media storm and posturing, don't be under any illusion about who's in charge.
                      Banking is a special case. The rest have to be forced to stay or face huge import taxes. Look at the farce of the EU. It was supposed to build a trading zone among EU countries. In practice, it gave trade deals to Third World Countries so they could import with no restrictions. Chinese Steel!!!



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                      • Paul Markham
                        Too old to care
                        • Jun 2001
                        • 52942

                        #26
                        Originally posted by slapass
                        In the US it has been about 3% since the 80's. I have not looked further back then that. They pretty much have always been there and people just like to bitch about it.
                        3% of who or what?



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                        • Paul Markham
                          Too old to care
                          • Jun 2001
                          • 52942

                          #27
                          I watched the Panorama program about the documents that have been uncovered. It was largely centered on the UK, it did expose a Russian musician and friend of Putin who is fronting a company handling 100s of millions of Dollars.

                          It also exposed a person who was being paid by UK taxpayers to build a hospital and pocketing millions of Pounds, criminals hiding the proceeds of crime, businessmen hiding profits and hiding the money in Panama.

                          After the wars in Afganistan and Iraq who got the contracts to rebuild what was bombed and where is the money?

                          Trickle down only works when the money stays in the country and taxes are paid on it. As for providing jobs, if the rich did that in the countries they rely on for sales. There would be a lot less Dindus.



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                          • bronco67
                            Too lazy to set a custom title
                            • Dec 2006
                            • 29032

                            #28
                            Originally posted by Grapesoda
                            Paul would you pls stop justify being a loser.... seriously
                            That's funny. Intelligent statement gets answered by "you're a loser".

                            You haven't said one intelligent thing ever.

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                            • slapass
                              Too lazy to set a custom title
                              • Nov 2002
                              • 14625

                              #29
                              Originally posted by Paul Markham
                              3% of who or what?
                              The chronically unemployed.

                              Comment

                              • slapass
                                Too lazy to set a custom title
                                • Nov 2002
                                • 14625

                                #30
                                Originally posted by Paul Markham
                                I watched the Panorama program about the documents that have been uncovered. It was largely centered on the UK, it did expose a Russian musician and friend of Putin who is fronting a company handling 100s of millions of Dollars.

                                It also exposed a person who was being paid by UK taxpayers to build a hospital and pocketing millions of Pounds, criminals hiding the proceeds of crime, businessmen hiding profits and hiding the money in Panama.

                                After the wars in Afganistan and Iraq who got the contracts to rebuild what was bombed and where is the money?

                                Trickle down only works when the money stays in the country and taxes are paid on it. As for providing jobs, if the rich did that in the countries they rely on for sales. There would be a lot less Dindus.
                                Dindus is a racial slur. I am not sure you meant it that way.

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