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I agree, I recently watched The Laundromat on Netflix and while it was entertaining due to sheer star power, the commentary on the Panama Papers sounded like it
by ksdale 7y ago
I agree, I recently watched The Laundromat on Netflix and while it was entertaining due to sheer star power, the commentary on the Panama Papers sounded like it was written by a high schooler. It breathlessly mentioned how many corporations are headquartered in Delaware and the only reason it gave was tax avoidance, nevermind the fact that Delaware does actually have a state income tax, unlike that corporate tax haven Washington state, and nevermind the fact that Delaware's body of commercial law is world-renowned.
The plot points that were meant to evoke the most outrage were things that were already fraud or super sketchy, regardless of the tax shelter stuff. It's like, "Can you believe that someone would enter a contract and then not honor their side of the deal and then fly outside of the U.S.'s jurisdiction?!" And then they make it sound like it's a tax law issue and not a criminal getting on an airplane issue.