While I have written extensively in the past about tax evasion and avoidance in light of the revelations of both the Panama and Paradise Papers, I felt it was time to do an update. To summarize what I wrote previously, there has been a striking reluctance on the part
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Politics and its Discontents: But Is There A Will?
I was reading Owen’s blog yesterday, in which he cites Robin Sears’ view that, as Britain did during WW11, Canada needs to build back better post-pandemic. I am a skeptic as to the prospects of that happening. Here is the comment I made: What I notice most about our current
Continue readingThe Canadian Progressive: Canada’s financial system one of the most secretive in the world: Report
The Tax Justice Network’s 2018 Financial Secrecy Index says Canada’s financial system is less transparent than that of notorious tax havens and countries often portrayed as corrupt by the mainstream media, such as China, Russia and Kenya. That makes Canada one of the key facilitators of illicit financial flaws, global
Continue readingPolitics and its Discontents: Canadians React To The Paradise Papers
If you aren’t yet outraged over recent revelations, check your pulse to make sure you are still amongst the living. Happily, signs of life are plentiful among Toronto Star readers: Liberal Party fundraisers held family millions in offshore trust, Nov. 6 Coverage of the Paradise Papers’ celebrity tax evaders has
Continue readingPolitics and its Discontents: Behind The Curtain
Ah, Star letter writers rarely disappoint. Truth, rather than political spin, always improves my mood. Liberal Party fundraisers held family millions in offshore trust, Nov. 6 From Panama to Paradise, we have a tiny glimpse into the realities dictating our lives: aristocrats and power brokers taking aim at record profits
Continue readingPolitics and its Discontents: Paradise Lost
“We don’t pay taxes. Only the little people pay taxes.”-Leona Helmsley “It is easier for a camel to go through the eye of a needle than for a rich person to enter the kingdom of God.”– Mark 10:25 This morning’s Star gives comprehensive and very comprehensible coverage of the latest
Continue readingMontreal Simon: The Paradise Papers and the Hypocrisy of the Cons
Oh no. What have we done to deserve this? Not another tax scandal, not more Pierre Poilievre. As you know when we last left the man they call Pee Wee or Dickhead, he was in a shrunken state, after his phony tax scandal went nowhere.But now he's back, and more annoying than
Continue readingMontreal Simon: Andrew Scheer’s Shameful Flim-Flam Act
We know that Andrew Scheer is a sinister religious fanatic. We know that he is a crass misogynist, and an anti-gay and anti-Muslim bigot.We know that he is a creepy demagogue, and a good friend of Ezra Levant.We know that he believes that we should pay to have children home schooled,
Continue readingMontreal Simon: The Harper Legacy and the Canada Revenue Agency
As we all know Stephen Harper used the Canada Revenue Agency for his own foul purposes.To try to intimidate his enemies, and harass environmentalists, and even humble birdwatchers.But although Harper has left the building, it seems the CRA is still hau…
Continue readingMichal Rozworski: “Investment” versus investment
Surprise! A new investigation by the Toronto Star and the CBC found that recent treaties with tax havens like the Bahamas and Panama aimed at more “transparency” have just made it easier for corporations to evade ever more taxes. And Canadian corporations have obliged this golden opportunity. “Investment” abroad has ballooned all the while the […]
Continue readingPolitics and its Discontents: Enemies Of The People
I hardly think that is too harsh a description of both those who park their money offshore to avoid taxes and those who facilitate such evasions. Indeed, an open letter signed by some of the world’s leading economists makes the cost of such selfish and…
Continue readingPolitics and its Discontents: We Are All Capuchin Monkeys
Or at least I suspect we will feel like the one on the left in the following video, once the Panama papers releases its database of tax cheats and avoiders this afternoon.Recommend this Post
Continue readingMontreal Simon: The Panama Papers: Now You Can Help Track Down Tax Cheats
All over the world today some of its richest people are quivering in their boots.Because for over a month hundreds of journalists have been digging through the so-called Panama Papers, the more than 11.5 leaked documents from the Panamanian law firm Mo…
Continue readingPolitics and its Discontents: Panama Papers Aftermath
While the revelations thus far about offshore holdings for the purpose of tax avoidance or evasion have provided us with a glimpse into the lives of those well beyond our pay grade, whether or not they have any lasting effect depends largely, not on th…
Continue readingMontreal Simon: Why Rich Tax Dodgers Should Be Named and Shamed
The Panama Papers' scandal has revealed a steaming mountain or pyramid of corruption.Where the super rich live high off the hog, while countries deprived of tax dollars grow more and more miserable.So I'm glad to see that the Liberal governmen…
Continue readingMontreal Simon: Tax Evasion: When the Cons Are Part of the Problem
As probably you know, the Con regime has given the Canada Revenue Agency more money to go after its enemies.While depriving it of the resources and the inspectors to go after tax evaders.Well now it turns out there may be method to that madness. For it seems that when it
Continue readingPolitics and its Discontents: Burger King Causes Indigestion
At least among the substantial numbers of Americans who appear to be taking grave exception to the burger emporium’s tax dodge by merging with Tim Hortons. While Finance Minister Joe Oliver may crow about the success of our low corporate tax rates, American consumers are not nearly as sanguine about
Continue readingCanada Revenue Agency snubs Parliamentary Budget Officer
It may be hard to believe, but Canadians don’t know the difference between what the government is owed in taxes and what it collects. And we aren’t going to find out. That is the decision by the Canada Revenue Agency (CRA) in response to a request from the Parliamentary Budget
Continue readingThe Disaffected Lib: It Worked for Capone, Now Let’s Use It on Multi-Nationals
Tax evasion is a crime. Multi-national corporations are criminals. In fact, the G20 is warning that advanced countries are facing “global tax chaos” as multi-nationals evade taxes by laundering their revenues through low-tax or no-tax havens. The buggers really do think they’re above the law, a clear impression they’ve received
Continue readingThe Canadian Progressive: Pro-business Harper Conservatives coddling tax havens, tax cheats
By: Obert Madondo Twitter: @Obiemad An Alberta businessman is included in a massive online database of secret tax-haven names released to the public on Friday by the International Consortium of Investigative Journalists. David Ghermezian, the president of the West Edmonton Mall, is linked to a British Virgin Islands-registered company called Regal Mega Malls Development Corp,
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