Establishing a globally agreed tax body under the auspices of the United Nations and putting an end to dubious tax avoidance activities would bolster government revenues and help finance the provision of essential public services, especially in the Global South.
Revelations about the widespread use of shell companies and offshore banking by politicians and business figures has challenged the traditional model of investigative reporting. It could be the new way investigative reporting is done.
Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds.
How is it possible that people can get so riled up by the hate-mongering of Donald Trump, yet barely a peep is made that tax havens, trade agreements, and tax policies operating invisibly all around us to make societies more unequal?