A Timely Tale of Taxes and Toys ‘R’ Us

High taxes on the rich, cheerleaders for grand fortune tell us, kill the entrepreneurial spirit. What does history tell us?

Charles Lazarus, the founder and former chair of Toy R Us.

The orthodoxy that dominates today’s Republican Party — and the ranks of “business-friendly” Democrats — rests on a simple approach to economic policy. Let’s be nice, this orthodoxy holds, to rich people. Let’s be particularly nice at tax time. Let’s keep taxes on rich people, conservatives advise us, as low as possible. High taxes on high

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What The Paradise Papers Tell Us About The Super-Rich

The Paradise Papers reveal the goings on of the elites of the offshore world – this time in the supposedly highly-regulated havens of the Cayman Islands, Bermuda, Singapore and the like.

French film director Jean-Jacques Annaud talks about his latest film "Wolf Totem" during an interview in Beijing. As part of the "Paradise Papers" global investigative reporting, French media reported Wednesday Nov. 8 2017 that Annaud used accounts in the Cayman Islands and Hong Kong. Annaud's directing credits include "The Name of the Rose" and "Seven Years in Tibet." (AP/Ng Han Guan)

The so-called Paradise Papers may sound familiar – leaked documents from a law firm that specializes in offshore services reveal how the global elite avoids paying taxes. Even the name has the same ring to it as last year’s Panama Papers expose. But the Paradise Papers are different, reflecting the complexity of the global offshore tax

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Sanders: Paradise Papers Expose ‘Rapid Movement Toward International Oligarchy’

Sen. Bernie Sanders (I-Vt.) says the trove of documents «shows how these billionaires and multinational corporations get richer by hiding their wealth and profits and avoid paying their fair share of taxes.»

Democratic presidential candidate Sen. Bernie Sanders, I-Vt., waves during a campaign rally at Grand View University, on Sunday, Jan. 31, 2016, in Des Moines, Iowa. (AP Photo/Evan Vucci)

The major issue of our time is the rapid movement toward international oligarchy, Sen. Bernie Sanders (I-Vt.) declared in a statement to the Guardian on Monday, which noted that "Sanders' intervention in the debate sparked by the Paradise Papers marks the most prominent political response to the leak in their opening 24 hours." Decrying a world

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‘Paradise Papers’ Reveal Tax Avoidance, Shady Dealings Of World’s Rich And Powerful

From multiple members of Trump’s cabinet to the British Royal Family, document dump of offshore dealings shows how political leaders—joined by wealthy celebrities and the ultra-rich—shelter their assets, keep shady relationships secret, and game the tax systems of nations around the globe

Paradise Papers

Some of the world's wealthiest and most powerful people will be waking up on Monday to discover that some of their best-kept secrets—how they hide their vast wealth and avoid paying taxes—are now being read about in newspapers across the world after the release of a trove of offshore legal and banking documents were leaked to journalists and

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Republicans Block Effort To Obtain Trump’s Tax Returns

GOP members of the House Ways and Means Committee voted against using an obscure law to obtain the records.

Marching protesters hold up a sign demanding that Republican presidential candidate Donald Trump release his tax returns, in Miami on Sept. 16. (AP/Lynne Sladky)

(REPORT) --- Ignoring the vast majority of Americans who say they want President Donald Trump to release his taxes, GOP lawmakers who have the power to obtain the records on Tuesday blocked an effort to do so. Republican members of the House Ways and Means Committee voted unanimously against using an obscure law which leans on the body's legal

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The IRS Will Soon Be Able To Revoke Your Passport Over Unpaid Taxes

The consolidation of authority into agencies like the TSA and IRS should act as a canary in the coal mine to those worried about the suppression of their freedom of movement.

(ANALYSIS) --- As emotions intensify over Trump’s recent immigration ban, the State Department and IRS have quietly used it as a smokescreen to roll out a new policy that targets U.S. citizens for unpaid taxes. The passports of these individuals can now be revoked and their citizenship status undermined at the behest of one of the government’s

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