Living in Paradise is Tax Free

I laugh at this scandal. Am I surprised, not at all. Such is the nature of an economic system which promotes greed as good for business.   It seems the poorest people in the world are the richest.  You may want to ponder this.  As they squirrel away their chests of nuts (golden eggs) the goose is not so golden.  Is it saving for a rainy day or is it for when the climate changes?  Why is there the need for more?  This is a core question.  Eckhart Tolle would step in here and say it is the ego.  When we step into presence, into who we are we find that we have all we need within us.  Those of us who have stepped out of the money system and are living from a space of life unfolding in abundance, generosity and love we know that money is only paper (plastic) it has no real value. The real wealth of a nation is actually inherent within the people. This treasure has been disconnected as people feel enslaved in an economic system of winners and losers.  The losers pay high tax proportionately and as they do overtime the tax evaporates additional savings.  As for those on welfare if they earn illegally a little more they are forced to pay back.  If you get an expensive parking fine and can’t afford it they send in the debt collectors, such is the poverty of those with money, they simply want every cent for those who cannot avoid paying and have no say if they think it is wrong.

So this is a good thing to be revealed.  It reflects the deep inequality in the world and it sends you down the path of those who are staving, homeless, unemployed,  overworked, unwell, the elderly who cannot afford much beyond survival.  The inequality is at the centre of all unrest in the world. Those engaged in this activity are disconnected from the reality of the majority of the world’s people who are told they must work to keep these industries going for those who benefit at the top.

Yet again, I am feeling to restate that the true abundance is freedom, love, compassion, truthfulness, inherent in the values of humanity.  The true happiness opens when these values are truly lived. So I don’t see the rich and famous as wealthy, I do see them in a poverty consciousness that wants more, is never satisfied as the addiction to wealth drives them.  They become addicted to power and prestige.  They live in what I have seen as an unreal world.  The real world is far more beautiful when integrity is the seed.

So let’s have a look at the Guardians take on the Paradise papers.  A stairway to heaven turning into a fast track to hell me thinks.

https://www.theguardian.com/news/2017/nov/05/what-are-the-paradise-papers-and-what-do-they-tell-us

 

Tax havens

What are the Paradise Papers and what do they tell us?

The leak of 13.4m documents shows the scale of the offshore empire and involves everyone from the Queen to Facebook

 
 

Appleby’s offices.
 

Appleby’s offices in Hamilton, Bermuda. Composite: Blaire Simmons/Guardian Design Team

What are the Paradise Papers and what do they tell us?

The leak of 13.4m documents shows the scale of the offshore empire and involves everyone from the Queen to Facebook.

and

What are the Paradise Papers?

The name refers to a leak of 13.4m files. Most of the documents – 6.8m – relate to a law firm and corporate services provider that operated together in 10 jurisdictions under the name Appleby. Last year, the “fiduciary” arm of the business was the subject of a management buyout and it is now called Estera.

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2:07  What are the Paradise Papers? – video

There are also details from 19 corporate registries maintained by governments in secrecy jurisdictions – Antigua and Barbuda, Aruba, the Bahamas, Barbados, Bermuda, the Cayman Islands, the Cook Islands, Dominica, Grenada, Labuan, Lebanon, Malta, the Marshall Islands, St Kitts and Nevis, St Lucia, St Vincent, Samoa, Trinidad and Tobago, and Vanuatu.

The papers cover the period from 1950 to 2016.

How many media organisations have been looking at the data?

The Guardian is one of 96 media partners in the project. A total of 381 journalists from 67 countries have been analysing the material.

Who got the documents – and how?

The leaks were obtained by the German newspaper Süddeutsche Zeitung, which also received the Panama Papers last year. Süddeutsche Zeitung shared the material with the International Consortium of Investigative Journalists, a US-based organisation that coordinated the global collaboration. Süddeutsche Zeitung has not, and will not, discuss issues around sourcing.

Do the Paradise Papers focus on companies or individuals?

Both. They are united by one thing – money. Some of the world’s biggest multinationals feature in the leak, including Apple, Nike and Facebook, as well as some of the richest people in the world, from the Queen to Bono, and from the stars of British sitcoms to the stars who grace Hollywood Boulevard.

What do the documents show?

The files show the offshore empire is bigger and more complicated than most people thought. And even companies such as Appleby, which prides itself on being a standard bearer in the field, have fallen foul of the regulators that try to police the industry.

The files set out the myriad ways in which companies and individuals can avoid tax using artificial structures. These schemes are legal if run correctly. But many appear not to be. And politicians around the world are beginning to ask whether they should be banned. Are they fair? Are they moral? A fundamental question posed by the Paradise Papers is: has tax avoidance in all its guises gone too far?

Key revelations include:

What does Appleby say?

The firm has denied any wrongdoing, either by itself or by any of its clients. But it has conceded that it is not infallible and has tried to learn from its mistakes. The company has agreed to take part in any formal inquiries that come out of the disclosures. Estera has declined to comment.

Mohandas Gandhi

“If we are to teach real peace in this world, and if we are to carry on a real war against war, we shall have to begin with the children.”

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