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Honestly, nothing new. Does anyone still care? Action is being taken on an international level to combat avoidance, but it takes time. These types of offshore v

Honestly, nothing new. Does anyone still care? Action is being taken on an international level to combat avoidance, but it takes time. These types of offshore vehicles offer privacy and serve various specific purposes (e.g. tax transparent international investing). Yes, they can be used for illegal purposes (sometimes), but frankly that seems like the minority to me. What worries me a bit though, is the fact that heaps of confidential information is just thrown online, without significant filtering. Even completely legal situations are published, but since the average joe has no understanding of tax law, he'll assume these people are doing illegal things. Attorney-Client privilege?

tomohawk 9y ago
Welcome to the Soros funded news cycle. Use whatever means necessary to destroy your political opponents. Besides the points you raise, how do we know the info being made available hasn't been filtered to avoid friendly fire? There isn't a nickel's worth of difference between most of the elites, but Soros funding of these sorts of things is usually self serving.
- charlesdm 9y ago
  Soros his communication and corporate structures were leaked as well. Not sure that was the intent, but he's had offshore vehicles since the 60s: https://en.wikipedia.org/wiki/Quantum_Group_of_Funds https://en.wikipedia.org/wiki/Quantum_Group_of_Funds
- deleted 9y ago
  [deleted]
UweSchmidt 9y ago
I knew I'd see a comment such like this when I clicked on the comments: "Nothing to see here, move along..."
- charlesdm 9y ago
  It's fun to go through this to see how people are structuring their business, but most people respect the tax laws of the country they're living in. And if they're not breaking any laws, this honestly shouldn't be publicized. In the same way I don't think your personal income should be made public for the whole world to see.
  - UweSchmidt 9y ago
    Didn't read any of that stuff (as you said, probably lots of personal information that is none of my business). However elsewhere it has been suggested that there could a systematic tax evasion going on, weakening the assumtions of macroeconomics about consumption, taxation and investment and how it all plays together nicely, concepts of fairness, a hope for some "trickle down"... Sounds like a topic worth discussing, now that it has been voted to the front page?

tomohawk 9y ago

Welcome to the Soros funded news cycle. Use whatever means necessary to destroy your political opponents. Besides the points you raise, how do we know the info being made available hasn't been filtered to avoid friendly fire? There isn't a nickel's worth of difference between most of the elites, but Soros funding of these sorts of things is usually self serving.

charlesdm 9y ago
Soros his communication and corporate structures were leaked as well. Not sure that was the intent, but he's had offshore vehicles since the 60s: https://en.wikipedia.org/wiki/Quantum_Group_of_Funds https://en.wikipedia.org/wiki/Quantum_Group_of_Funds
deleted 9y ago
[deleted]

UweSchmidt 9y ago

I knew I'd see a comment such like this when I clicked on the comments: "Nothing to see here, move along..."

charlesdm 9y ago
It's fun to go through this to see how people are structuring their business, but most people respect the tax laws of the country they're living in. And if they're not breaking any laws, this honestly shouldn't be publicized. In the same way I don't think your personal income should be made public for the whole world to see.
- UweSchmidt 9y ago
  Didn't read any of that stuff (as you said, probably lots of personal information that is none of my business). However elsewhere it has been suggested that there could a systematic tax evasion going on, weakening the assumtions of macroeconomics about consumption, taxation and investment and how it all plays together nicely, concepts of fairness, a hope for some "trickle down"... Sounds like a topic worth discussing, now that it has been voted to the front page?