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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Paradise Tsunami: 13.4 million pages 1.4 Terabytes 100 media outlets
We are all about to become experts in the Paradise Papers, a follow up on the Panama Papers.
It consists of 13.4 million pages, 1.4 Terabytes of Data all of which has been sent to 100 media outlets.
It has already showed that Ross and Kushner have DIRECT ties to Russian government entities. It includes offshore transactions for Tillerson, Mnuchin, Huntsman, as well as the Queen of England and Prime Minister Trudeau. We are going to see a nightly revelation as all of the media outlets start wading through 13 million pages of transactions.
Here is a good summary of what we know as of today:
https://en.wikipedia.org/wiki/Paradise_Papers
https://www.buzzfeed.com/talalansari/massive-document-leak-reveals-use-of-tax-havens-by-trumps?utm_term=.vgDWR6qLk#.taeA3GnXV
A massive leak of financial documents appears to reveal that many of US President Donald Trump's advisors, members of his cabinet, and donors hold accounts in offshore tax havens. Those individuals include US secretary of state Rex Tillerson, Treasury Secretary Steve Mnuchin and Trump's ambassador to Russia Jon Huntsman, among others, according to reports.
The leaked documents also show that Trump's commerce secretary, Wilbur Ross, retained business investments with a Russian shipping company with ties to a Russian oligarch subject to US sanctions, and Vladimir Putin's son-in-law, according to the New York Times.
The massive leak of 13.4 million financial documents also paints of a picture of how the world's most powerful individuals and companies from the Queen of England to Apple use and benefit from offshore tax havens.
The documents, obtained by the German newspaper Süddeutsche Zeitung, come a year after the Panama Papers similarly revealed the inner workings of offshore tax havens. As with the Panama Papers, Süddeutsche Zeitung handed over the 1.4 terabytes of data to the International Consortium of Investigative Journalists (ICIJ), which then distributed the documents to around 100 media outlets around the world.
"Many of the stories focus on how politicians, multinationals, celebrities and high-net-worth individuals use complex structures of trusts, foundations and shell companies to protect their cash from tax officials or hide their dealings behind a veil of secrecy," wrote the BBC, one of the media outlets that received documents from the ICIJ.
The BBC, The Guardian, The NYT and 97 other media outlets competing for the Pulitzer Prize. We are going to need bigger federal prisons.
AJT
(5,240 posts)Skittles
(153,310 posts)fuckers
L. Coyote
(51,129 posts)BigmanPigman
(51,672 posts)Duppers
(28,134 posts)lindysalsagal
(20,795 posts)This will unsettle world economies. What happens when all this money goes back to where it belongs?
Pluvious
(4,348 posts)grantcart
(53,061 posts)cilla4progress
(24,802 posts)any high level Dems implicated?
grantcart
(53,061 posts)There may be hundreds of GOP supporters who are revealed.
certainot
(9,090 posts)for a decade at least......./
appal_jack
(3,813 posts)...and this glorious city shall be called Papadopoulopolis!
Thanks folks; I'll be here all week. Be sure to tip your waiters.
k&r,
-app
spanone
(135,950 posts)SergeStorms
(19,205 posts)Gotta' have this big tax "restructuring" so the wealthy will have more money to hide in offshore tax havens.
What are the Russian people going to think when they find out "Putie-Poot" has been stealing billions from them while they starve?
I'm so sick of these wealthy bastards fucking over the rest of the world.
Considering the fact that most of the wealthiest 1% in this country inherited that wealth, it's not too hard to see why Trump and the GOP want to get rid of their so-called "death tax", or what normal people call the inheritance tax (that almost none of the people reading this will ever have to worry about).
It's time to eat the rich!
TxVietVet
(1,905 posts)Duppers
(28,134 posts)msongs
(67,502 posts)Podkayne K
(145 posts)that has a lot of empty jail cells? I think that would be perfect place for P-resident Evil and his minions to reside for say the next 10 to 20 years.
Solly Mack
(90,803 posts)eleny
(46,166 posts)These guys believed that they would be untouchable and unstoppable in their quest for money & power even when it was by filthy connections.
NBachers
(17,191 posts)grantcart
(53,061 posts)sarcasmo
(23,968 posts)burrowowl
(17,656 posts)TalenaGor
(1,104 posts)im confused...