This blog is about the role of tax systems in the Covid-19 crisis. We will follow it with a series of others: about the role of tax havens, the role of bailouts and subsidies, and the role of a race to the bottom on regulation, tax and other areas. And more. Please watch this space.
The challenges of tax justice do not exist in a vacuum. It is not an accident that billions of dollars are lost worldwide to tax avoidance and tax evasion each year. Nor is there anything random about the failure to tackle loopholes, or to move forward proven measures to improve transparency and accountability of the actors, or simply to maintain progressive taxation.
The Tax Justice Network The Financial Secrecy Index ranks jurisdictions according to their secrecy and the scale of their offshore financial activities. A politically neutral ranking, it is a tool for understanding global financial secrecy, tax havens or secrecy jurisdictions, and illicit financial flows or capital flight.
The index was launched on 18 February 2020.
In 2019 Russia, Brazil, India, China and South Africa were planning to issue their own digital money in order to reduce the share of payments in the US currency. BRICS countries are reducing the share of settlements in dollars. In Russia, over the past five years, the dollar`s share in foreign trade payments has decreased from 92% to 50%, and the ruble has increased from 3% to 14%.
Original Article posted at Tax Justice Net. All links in this article lead back to Tax Justice Network website. There is a donation link at the bottom, please consider donating to the great work they do. Introduction The Tax Justice … Continued
France’s president Emmanuel Macron acting on behalf of powerful banking interests was instrumental in Ms. Lagarde’s nomination. Praised by the Western media, Lagarde was also endorsed by Wall Street and the US Federal Reserve.
What media reports fail to mention is that Lagarde is a corrupt official involved in financial fraud.
She has a criminal record.
Let’s hear it for the fiesty frog! Free speech and freedom of expression website Gab.com has for some considerable time been at the receiving end of systematic abuse by some of the world’s largest and supposedly reputable international financial institutions. … Continued
You Weren’t Stupid, Mr. Brown: CNN’s Brief Shining Moment on 9/11 Dr. Graeme MacQueen September 30, 2019 Editor’s Note: This article by distinguished 9/11 scholar Dr. Graeme MacQueen was originally published on September 11, 2019, on OffGuardian.org. Republished here with … Continued
Posted on September 29, 2019 by Ellen Brown, Web Of Debt President Trump wants negative interest rates, but they would be disastrous for the U.S. economy, and his objectives can be better achieved by other means. The dollar strengthened against … Continued
Introduction: The money churning through the world’s financial plumbing can end up in the strangest of places and in the hands of some seriously criminal people. Avi Jorisch takes a look at the methods used to transform illegal money into … Continued
Posted on September 14, 2018 by Ellen Brown, The Web Of Debt Blog Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could. They can create money at … Continued
Tommy Robinson is feeling the pressure of globalised technocratic fascism. It exploits its technical monopolies and oligopolies to eradicate and suppress views for whatever reason it does not agree with. Here Paypal, a US corporation, is exercising its power selectively … Continued
Ed – It must be remebered this article was written in 2015 and that all the assertions and predictions uttered by this ‘Private CIA’ man with respect to Russia has and is coming true. Russia is being demonised in preparation … Continued
Excerpt from Ellen Hodgson Brown’s ‘The Web Of Debt‘ Introduction CAPTURED BY THE DEBT SPIDER President Andrew Jackson called the banking cartel a “hydra-headed monster eating the flesh of the common man.” New York Mayor John Hylan, writing in the … Continued
Listed below are a few of the major commercial and civil activities carried out by the world’s great institutions and enterprises driving the progress humanity into the future. They are interconnected of course but it is not always clear how. … Continued