Paradise Papers

[Elixir]

Talk about a swamp!
A dozen or so high-ranking Trump officials and cabinet members, all implicated in this shameless debacle.

PARADISE PAPERS

 

[fromderinside]

So we're supposed to ignore the fact that Trump's team having commerce with Russians and Russian Government was not defacto collusion?

 

[ElectEngr]

Hay man, is that anything like Zig Zag?....

Later,
electEngr

 

[Speakpigeon]

Talk about a swamp!
A dozen or so high-ranking Trump officials and cabinet members, all implicated in this shameless debacle.

PARADISE PAPERS

Yeah, but it's not just about Trump.

It's all over the place.

Economist Gabriel Zucman told the Süddeutsche Zeitung that the global elite have parked an estimated $9.1 trillion in offshore tax havens.

PARADISE PAPERS

There's something about a close friend of Trudeau for example. It's millions on pages with an international group of journalists to look into the details. They're detailing it right now on French radio FranceInfo, day after day, each day on one category of misfits, and it's going to last, from sportsmen to politicians to big companies and what not.

I can just pray I'm not in there myself!
EB

 

[Elixir]

Yeah, but it's not just about Trump.

It's all over the place.

Sure, it's ubiquitous behavior among billionaires, but this reflects mainly on Cheato because of all the billionaires he has invited into his private swamp (aka the administration).

 

[rousseau]

This is a sincere question..

If none of the people implicated in the paper are doing anything illegal (presumably parking their cash is legal), then why is outrage over this anything more than a knee-jerk reaction, which will be used in specific circumstances to win points against those who are holding political power?

Maybe my understanding of it is unclear, but if I'm holding onto hundreds of millions of dollars, if not billions, and I can save some money via a tax loophole, why would I not do it?

In this case the problem isn't the people doing it, it's the legality of people doing it.

 

[funinspace]

This is a sincere question..

If none of the people implicated in the paper are doing anything illegal (presumably parking their cash is legal), then why is outrage over this anything more than a knee-jerk reaction, which will be used in specific circumstances to win points against those who are holding political power?

Maybe my understanding of it is unclear, but if I'm holding onto hundreds of millions of dollars, if not billions, and I can save some money via a tax loophole, why would I not do it?

In this case the problem isn't the people doing it, it's the legality of people doing it.

I think Pres. Obama put it well:
https://www.marketwatch.com/story/p...posing-tax-havens-of-the-mega-rich-2017-11-05

And again, as with the Panama Papers, much of what the Paradise Papers reveals is perfectly legal. But as President Barack Obama said after the Panama Papers’ release in 2016, “The problem is that a lot of this stuff is legal, not illegal.”

Part of the problem is that many of the people showcase caring about their country, and then Joe Sixpack gets to find out that these really rich people were able to shave a couple more percentage points off their tax bill. This kind of thing might have partly hurt Mitt Romney's presidential campaign.

 

[Elixir]

This is a sincere question..

If none of the people implicated in the paper are doing anything illegal (presumably parking their cash is legal), then why is outrage over this anything more than a knee-jerk reaction, which will be used in specific circumstances to win points against those who are holding political power?

Maybe my understanding of it is unclear, but if I'm holding onto hundreds of millions of dollars, if not billions, and I can save some money via a tax loophole, why would I not do it?

In this case the problem isn't the people doing it, it's the legality of people doing it.

It's about the hypocrisy IMO. Cheato rails about the trillions of offshore dollars, vows to bring them all back, then hires a whole slew of people who own those offshore dollars, and the dollars remain offshore. Kinda like shouting "I have two rules: Buy American, Hire American. And that's what I'm going to do!" (insert thunderous applause) ...then he hires 20 percent more immigrants than last year to work at his FL resort/club/graft center, where he has doubled the price of admission to $200k. Can't he take the "extra" $100k per person that he's pocketing, and hire a few Americans?
It's not illegal, but it takes a special kind of dishonesty to be such a hypocrite.


ETA: oh - I forgot to mention lying Trumpsuckers like Wilbur Ross who conveniently "forget" to disclose those holdings - That IS illegal.

 

[marc]

I think the papers also show some financial links between Trump's advisers and Russian oligarchs. Just who in his administration doesn't have some link to Russia at this point?