Meanwhile in tax haven

[Leshma]

You take that back.

Right after you two pass Turing test.

[Paul]

Really nice job of the journalists. Didn't see that comming. An actual international joint venture of newspapers and channels getting shit done. Of course with the own interest of boosting paper sales and audience but fighting fire with fire works capitalismwise I guess. Must have been kinda disappointing though für the Süddeutsche Zeitung - who got the raw data - that there has been no German involved(afaik).

[Molly]

Really nice job of the journalists. Didn't see that comming. An actual international joint venture of newspapers and channels getting shit done. Of course with the own interest of boosting paper sales and audience but fighting fire with fire works capitalismwise I guess. Must have been kinda disappointing though für the Süddeutsche Zeitung - who got the raw data - that there has been no German involved(afaik).

At least nobody as juicy as Cameron.
I believe I've read about a couple of Germans but more like standard, boring, rich people.

[Jambi]

Its perfectly legal to avoid taxes in this way. Hacking isnt.

For rich people like me, its well worth doing it. But for the poor plebs the few % of less tax is not significant enough on their "pocketmoney" like assets to even bother.

The poor will always blame the rich and successful people.  Its easier to blame another, instead of getting up from your lazy couch and work your ass off.
And now we get these waves of social justice warriors trying to name and shame people. Plebs think they so smart, while all they do is have a hair-trigger reaction when shit hits the fan. While they failed to even understand the law on taxes and noticed this was possible... and could have appealed to it earlier.
Plebs are so ignorant, that you can write laws down infront of their eyes, have them in books for decades... and they wont even notice the loopholes.

Haters gonna hate.

Plebs gonna pleb.

Bitcoins is introduced... thats even more perfect for legally avoiding taxes. But nobody cried then, cause Bitcoin made it lucrative for plebs and rich alike.

[Xant]

Spare a coin, friend?

[Vibe]

Its perfectly legal to avoid taxes in this way. Hacking isnt.

For rich people like me, its well worth doing it. But for the poor plebs the few % of less tax is not significant enough on their "pocketmoney" like assets to even bother.

The poor will always blame the rich and successful people.  Its easier to blame another, instead of getting up from your lazy couch and work your ass off.
And now we get these waves of social justice warriors trying to name and shame people. Plebs think they so smart, while all they do is have a hair-trigger reaction when shit hits the fan. While they failed to even understand the law on taxes and noticed this was possible... and could have appealed to it earlier.
Plebs are so ignorant, that you can write laws down infront of their eyes, have them in books for decades... and they wont even notice the loopholes.

Haters gonna hate.

Plebs gonna pleb.

Bitcoins is introduced... thats even more perfect for legally avoiding taxes. But nobody cried then, cause Bitcoin made it lucrative for plebs and rich alike.

Except the way a lot of them did it wasn't legal. No one is getting upset about legal tax evasion (even though it's scummy), the deal here is the illegal evasion. I guess you didn't bother looking into what it's all about even for a few seconds.

[Rhekimos]

Tax avoidance is the legal version of not paying a tax you don't have to. Tax evasion is always illegal.

[Golem]

fuck taxes tho

[Kafein]

No one is getting upset about legal tax evasion

wat

The total "lost" amount (which would be incredibly difficult to evaluate regardless) in taxes through typical legal evasion via international cherry-picking may be higher than whatever illegal evasion churns.

[Butan]

I'm also legit angry that we waste ressources on fighting drugs instead of taxing it. Another debate ofc, but the more money for the government, the better for the people OR the easier it is to spot corruption problems.

[Xant]

Not only is money wasted, it also creates a ton of drug-related crime. Violent crime that wouldn't exist if drugs were legal.

[The_Bloody_Nine]

Not only is money wasted, it also creates a ton of drug-related crime. Violent crime that wouldn't exist if drugs were legal.

reminds me of Hamsterdam.

fucking great stuff. Stupid song in that video though.

[Rhekimos]

"Hit by Panama row, UK's Cameron announces new tax evasion law in 2016

British Prime Minister David Cameron will say on Monday that new legislation making companies criminally liable if employees aid tax evasion will be introduced this year, as he seeks to repair the damage from a week of questions about his personal finances.

The furor over his own finances has come at a particularly bad time for Cameron, who is due to host a global anti-corruption summit in London on May 12."

http://www.reuters.com/article/us-panama-tax-britain-idUSKCN0X70YW

[Molly]

https://www.byline.com/project/48/article/966

Very interesting read, slightly connected to Panama but an actual real scandal in the UK.

[Overdriven]

In relation to Cameron, he's actually done nothing wrong, paid the tax required of him on the money he got from his Dad's offshore account ect. It's the standard newspaper witch hunt blowing things out of proportion. There is an element of hypocrisy due to some of the statements he's used about avoidance, but bar that his family has done what any sensible family with half a brain would do. A few of my friends have had similar 'payments' when one parent has died and the remaining parent has paid out early to avoid the tax. It's not even a 'loophole' in the law. It's flat out fine to do.

https://www.byline.com/project/48/article/966

Very interesting read, slightly connected to Panama but an actual real scandal in the UK.

House of Cards style stuff that one.