Tag Archives: tax heaven

Since last night, the term ‘Panama-Papers’ is buzzing around the globe. The massive security breach of an obscure law firm called ‘Mossack Fonseca’ based in Panama City with more than 11 million documents shows how a global industry sells financial secrecy and anonymity to powerful people from celebrities and sports stars like Lionel Messi to ordinary billionaires, prime-ministers, fraudsters and …

Thomas Jefferson, John Adams and Benjamin Franklin are usually credited as authors of the US ‘Declaration of Independence’ in 1776 which announced that the 13 American colonies (at that time at war with Britain) regarded themselves as independent. The young United States then got their own constitution and Benjamin Franklin wrote about this in a letter: ‘Our new constitution is …