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Pandora papers
Posted: Tue Oct 05, 2021 7:50 am
by ousdahl
Anyone dove into these yet?
South Dakota’s a tax haven?
How come no freeloading rich people in the west were named?
Re: Pandora papers
Posted: Tue Oct 05, 2021 7:55 am
by jfish26
ousdahl wrote: ↑Tue Oct 05, 2021 7:50 am
Anyone dove into these yet?
South Dakota’s a tax haven?
How come no freeloading rich people in the west were named?
(The call is coming from inside the house.)
https://www.washingtonpost.com/business ... e-finance/
The United States’ wealthiest citizens — including Amazon founder Jeff Bezos, who owns The Washington Post; Tesla founder Elon Musk; Microsoft billionaire Bill Gates; and billionaire investor Warren Buffett — do not appear in the documents.
Financial experts said the uber-rich in the United States tend to pay such low tax rates that they have less incentive to seek offshore havens.
I can tell you from experience that it's not just about taxes, it's about the relative opacity of US legal entities (which has its pros and cons, from a policy perspective).
Re: Pandora papers
Posted: Tue Oct 05, 2021 8:03 am
by ousdahl
Ah.
Makes sense.
I kinda doubt Merican rich people-owned media would give much press to media making Merican rich people sound bad.
Re: Pandora papers
Posted: Tue Oct 05, 2021 8:31 am
by jfish26
ousdahl wrote: ↑Tue Oct 05, 2021 8:03 am
Ah.
Makes sense.
I kinda doubt Merican rich people-owned media would give much press to media making Merican rich people sound bad.
Eh, the Post is pretty left-leaning, and hasn't pulled punches with Bezos.
Re: Pandora papers
Posted: Sat Oct 09, 2021 2:59 pm
by ousdahl
