The Panama Papers, Tax Havens

Hidden Assets in Offshore Tax Havens
We’ve been missing out on huge potential corporate tax revenues for years as a result of tax dodging through the offshore tax loopholes.
The Yomiuri Shimbun, 20 Apr 2016

Will Fitzgibbon@WillFitzgibbon
Full VOA interview with Will Fitzgibbon, a reporter with ICIJ, on the “Panama Papers”

ICIJ will release the full list of companies and people linked to them in early May.
Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption · ICIJ
The Panama Papers

Biggest leak in the history of data journalism just went live, and it’s about corruption.


New Yorkers,
your hometown boy Bernie Sanders talks about the US-Panama Trade Agreement.
Bernie Sanders Predicted Panama Papers Scandal back in 2011!
Bernie on Panama Trade Deal Senator Sanders shows foresight while discussing the Panama Trade Deal.
Full Original Video Clip (October 12, 2011)
01:02:16 Bernie Sanders talks about Panama
Let me say a word about the Panama Free Trade Agreement. Panama is a very small country. Its entire economic output is only $26.7 billion a year, or about .2% of the American economy. So I think no one is going to legitimately stand up here and say that trading with such a small country is going to significantly increase American jobs. Then why would we — why would we be considering a trade agreement with Panama? What’s going on there? Well, it turns out, Mr. President that Panama is a world leader when it comes to allowing wealthy Americans and large corporations to evade US taxes by stashing their cash in offshore tax havens, and the Panama Free Trade Agreement would make this bad situation much worse. I’m a member of the budget committee as you are, Mr.President, and we have heard testimony time and time again that our country is losing up to $100 billion every year as corporations stash their money in postal addresses in The Cayman Islands, Bermuda, and in Panama, and this trade agreement makes that situation even worse. According to Citizens for Tax Justice, quote,” A tax haven has one of three characteristics: it has no income tax or a very low-rate income tax, it has bank secrecy laws, and it has a history of non-cooperation with other countries on exchanging information about tax matters. Panama has all three of those, and they are probably the worst,” end of quote, according to Citizens for Tax Justice. The trade agreement with Panama would effectively bar the United States from cracking down on illegal and abusive offshore tax havens in Panama. In fact, combating tax haven abuse in Panama would be a violation of this free trade agreement, exposing the U.S. to fines from international authorities. Well, at a time when we have a $14 trillion-plus national debt, and at a time when we are frantically figuring out ways to try to lower our deficit, some of us believe that it is a good idea to do away with all of these tax havens by which the wealthy and large corporations stash their money abroad and avoid paying U.S. taxes. The Panama Trade Agreement would make that goal even more difficult. – Bernie Sanders

New York City, Manhattan, Brooklyn
Frank Sinatra “New York, New York” Lyrics

(Arthur’s Theme aka “New York City Serenade” in Japan)
Christopher Cross – Arthur’s Theme (Best that you can do)
Lyrics of Arthur’s Theme (Best that you can do)

Christopher Cross spent 5 years living (with his family) in the Yoyogi area when he was a child. Yoyogi (代々木) is a neighborhood in the northern part of Shibuya, Tokyo, Japan. Yoyogi Park (代々木公園, Yoyogi kōen) is a large park in Tokyo, Japan, located adjacent to Harajuku Station and Meiji Shrine in Shibuya.

“Hajimemashite” – Christopher Cross
Christopher Cross Live in Japan 86.
“My father was an Army doctor and my mother, a nurse,” – Christopher Cross
Christopher Cross Official Website

Van Halen – Panama

U.S.-Panama Trade Promotion Agreement Information
The U.S.—Panama Trade Promotion Agreement General Information
U.S. – Panama Free Trade Agreement

Clinton Supported and Enabled Tax Evasion Revealed By the “Panama Papers” … Sanders OPPOSED It
Posted on April 5, 2016 by WashingtonsBlog

Did Bernie Sanders Predict the Panama Papers When He Opposed Clinton-Backed U.S.-Panama Trade Deal? / Democracy Now! April 05, 2016

Everyone Is Freaking Out About the Panama Papers—But the Biggest Fallout Is Yet to Come
Mother Jones, Mon Apr. 4, 2016

RAW: Iceland protests for Prime Minister Resignation after Panama Papers leak Scandal

Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens – September 4, 2012 by Nicholas Shaxson (Author)

Nicholas Shaxson: “Treasure Islands: Uncovering the Damage of Offshore Banking & Tax Havens. 1 of 2 / Democracy Now! Archives
Nicholas Shaxson: “Treasure Islands: Uncovering the Damage of Offshore Banking & Tax Havens. 2 of 2 / Democracy Now! Archives

The Great Tax Robbery: How Britain Became A Tax Haven For Fat Cats And Big Business – 7 Mar 2013 by Richard Brooks (Author)

The Hidden Wealth of Nations: The Scourge of Tax Havens – September 22, 2015 by Gabriel Zucman (Author)
The Hidden Wealth of Nations | Gabriel Zucman

Tax Havens: How Globalization Really Works (Cornell Studies in Money) 1st Edition
by Ronen Palan (Author), Richard Murphy (Author), Christian Chavagneux (Author)

National Diet Building in Tokyo, Japan

Companies and people from abroad will find Japan among the most business-friendly places in the world.” – Japan’s PM Shinzo Abe at the Congress Centre, Davos, Switzerland, World Economic Forum 2014 Annual Meeting, Wednesday, January 22, 2014
The Prime Minister Attends the Annual Meeting of the World Economic Forum (Davos Meeting) Wednesday, January 22, 2014
On January 22 (local time), Prime Minister Shinzo Abe attended the World Economic Forum’s (WEF) Annual Meeting (Davos Meeting).
Upon arriving at Davos in the Swiss Confederation, the Prime Minister attended a lunch reception hosted by Professor Klaus Schwab, Executive Chairman of the WEF, in the Congress Centre. In the afternoon, the Prime Minister held talks with Mr. George Soros, and then held an exchange of views with the International Business Council. Subsequently, the Prime Minister conversed with the Hon. Mr. Tony Abbott, Prime Minister of Australia, and then delivered a keynote speech. In the evening, the Prime Minister attended a dinner banquet with women leaders.
George Soros, Shinzo Abe

George Soros established the Open Society Foundations
On George Soros / Open Society Foundations
Amartya Sen, Bono, Joseph Stiglitz, Kofi Annan, Leon Botstein, Mabel van Oranje, and George Soros
George Soros | Open Society Foundations (OSF)

How the Center for Public Integrity is Funded | Center for Public Integrity
Carnegie Corporation of New York
Ford Foundation
Open Society Foundations
Rockefeller Brothers Fund
Rockefeller Family Fund
W.K. Kellogg Foundation
and the rest

ICIJ: Parent organizationCenter for Public Integrity
About the ICIJ | International Consortium of Investigative Journalists

Is USAID the New CIA? Agency Secretly Built Cuban Twitter Program To Fuel Anti-Castro Protests
Democracy Now!

Is USAID the New CIA? Agency Secretly Built Cuban Twitter Program to Fuel Anti-Castro Protests / Democracy Now! , April 04, 2014

Panama Papers bombshell reveals Secom founders’ use of offshore tax havens
The Japan Times, Apr 4, 2016

Panama Papers raise concerns offshore tax havens hiding criminal activity in Japan
The Japan Times, Apr 7, 2016

PANAMA PAPERS: Documents name 400 Japanese, but no public figures so far
THE ASAHI SHIMBUN, April 7, 2016 at 16:15 JST

Panama Papers: This is the leak
The Panama Papers · ICIJ
ICIJ Offshore Leaks Database

Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption · ICIJ
ICIJ will release the full list of companies and people linked to them in early May.