Building on its notoriety following the Marikana massacre, mining company Lonmin’s disrepute is growing further with the Alternative Information and Development Centre’s revelation that the company transferred R1.2 billion to a tax haven in Bermuda. If you’ve ever wondered how tax havens work, Backlight director, Marije Meerman documentary The Tax Free Tour will take you on a fascinating journey through the inner workings of tax avoidance. She exposes a financial world...
Steven Hsieh - A massive trove of leaked documents reveals the names of thousands of individuals and companies abusing offshore accounts to evade taxes and hide shady business deals, according to a report released Tuesday (2 April 2013). The International Consortium of Investigative Journalists (ICIJ) spent more than a year sifting through 2.5 million files, connection cash transfers between companies and individuals to “illustrate how offshore financial secrecy has spread aggressively around the...
Tax the Rich: An Animated Fairy Tale, is narrated by veteran American actor, Ed Asner. It’s an eight-minute video about how a fictitious country arrived at a moment of poorly funded public services and widening economic inequality that bears a startling resemblance to many real-world countries of today. Things go downhill in a happy and prosperous land after the rich decide they don't want to pay taxes anymore. They tell the people that there is no alternative, but the people aren't so...
Sarah Jaffe - Journalist Paul Mason covered the uprisings of 2011 as they occurred. His new book "Why It's Kicking Off Everywhere," explains why they all happened at once. We're at an inflection point in history, a shift not just in our politics but our consciousness, says Paul Mason, BBC Newsnight economics editor, author and journalist. From Madrid to Madison, Tahrir Square to Syntagma Square, London student occupations to Occupy Wall Street, Mason has covered the uprisings of 2011, and...
This Euronews report contends that the late Prince Rainier III of Monaco started a new chapter in the principality's history: one of glamour and wealth -- but also one of money laundering and tax evasion. When the global financial crisis highlighted "tax havens" as a major concern, his heir, the current sovereign monarch of Monaco, Prince Albert II (recently wed to South African Charlene Wittstock) signed accords with the OECD promising more transparency. However, it appears that...
Allison Kilkenny - A few weeks before he died, Howard Zinn had lunch at the Warwick Hotel in Manhattan with New York Times columnist Bob Herbert. Their topic of conversation was, of course, social justice. "If there is going to be change, real change," Zinn told Herbert, "it will have to work its way from the bottom up, from the people themselves. That's how change happens." A year later, the streets of London erupted with citizens who were engaging in Zinn's favorite pastime:...