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"The gig economy is paying off for workers who are already among America's highest earners," the Wall Street Journal reported last week. The story asserted that companies such as Airbnb and Uber likely weren't making much of a dent in income inequality. The Journal
fraud
The Panama Papers is a treasure trove of information on the activities and clientele of a large, but not atypical law firm operating in an offshore financial center. In this case, it is a firm called Mossack Fonseca, based in Panama. It follows a series of spectacular leaks by the
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fraud
The Panama Papers leak sheds some light on the intricate ways in which the wealthy can exploit secretive offshore tax regimes. As well as charging minimal or no tax to residents and non-residents, the main characteristics of tax havens are their lack of transparency and effective information exchange.
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BERLIN (AP) — The release of a vast trove of documents and other data on offshore financial dealings of wealthy, famous and powerful people around the world is raising questions over the widespread use of such tactics to avoid taxes and skirt financial oversight. Reports by an international coalition of media
Barack Obama
Have you heard of the "Cadillac tax?" Despite the clever phrasing, it's not a luxury automobile tax aimed at the wealthiest 1 percent. The Cadillac brand has long been associated with affluence. In the 1950s and 1960s, owning a Cadillac signaled that a person had climbed
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