Wednesday, April 6, 2016

The crime scene that is the City of London – haven of havens

Click here to access article from TruePublica (Britain).

Your interest in tax havens may have been piqued by the many articles featuring reports about the Panama Papers. The absence of Americans in these disclosures and the obvious political use of this event (see this, this, and this) by US ruling class media against their opponents apparently caused NBC to attempt some sort of "explanation". Anyway this focus on Panama distracts people from probably the world's number one tax haven: the City of London. This article tells us about the history of this tax free zone used by capitalists to avoid paying their taxes. 

Secrecy and deception allows capitalists all over the world to bypass any democratic laws requiring them to pay taxes. Did you really think that the capitalist pseudo form of democracy and its laws would ever be permitted to pose problems for their interests of power and wealth?