Daily Archives: October 11, 2021

2021-10-11: News Headlines

Staff (2021-10-10). South Dakota Is a Major Global Tax Shelter, According to the Pandora Papers. truthout.org The Pandora Papers, a massive expose about the secret shell games and tax avoidance schemes of the world's ultra-wealthy, has just hit headlines around the globe. (See initial coverage here in Thi…

_____ (2021-10-10). Saving for a Very Rainy Day. strategic-culture.org By Eric MARGOLIS | The really wealthy, vexed by tax collectors, pesky relatives, ex-wives and just plain thieves, long ago learned the wisdom of hiding their money and property. This is twice true for politicians. | An investigation by an international consortium of journalists just examined a massive leak of 11.9 million records of offshore financial firms that have been evading taxes and financial disclosure for their many clients. The result of what is known as The Pandora Papers has been a cascade of scandals. | This column has long maintained that the US has been deeply involved in massive international corr…