“Where do multinationals pay taxes and how much?” Gaining insight from international tax experts, Backlight takes a look at tax havens, the people who live there and the routes along which tax is avoided globally. Those routes go by resounding names like ‘Cayman Special’, ‘Double Irish’, and ‘Dutch Sandwich’. A financial world operates in the shadows surrounded by a high level of secrecy. A place where sizeable capital streams travel the world at the speed of light and avoid paying tax. The Tax Free Tour is an economic thriller mapping the systemic risk for governments and citizens alike. Is this the price we have to pay for globalised capitalism? At the same time, the free online game “Taxodus” by Femke Herregraven is launched. In the game, the player can select the profile of a multinational and look for the global route to pay as little tax as possible. Originally broadcasted by VPRO in 2013.
The South Carolina senator once put a lot of effort into cultivating an image of a reasonable, sober, sensible, moderate Republican, willing to reach out across the aisle, willing to stick up for his principles, willing to denounce Donald Trump. But today, there is no position he won’t abandon, no U-turn he won’t perform, no lie he will not tell.
Collaborators sense the sinking ship.
Russian President Vladimir Putin seems to think that he has been using his strategically incompetent American counterpart to advance his ends. In fact, Donald Trump has dragged everyone into his reality-TV world, in which sensation, exaggeration, and misinformation all serve his only true goal: to be the center of attention.
But the truth is that neither Democrats nor the media have actually had much success in reining in Trump. As for the Republicans, who control both houses of the US Congress, even once-vocal opponents – such as Senators Lindsey Graham and Ted Cruz – now lick Trump’s boots. With Trump having bullied his party into submission, it seems unlikely that his failure to deliver for Putin can be blamed on others.
The more likely explanation for Trump’s betrayal of Putin is that his warm rhetoric was, like everything else that comes out of his mouth, driven by his desire for ratings, not any actual interest in – let alone commitment to – helping the Kremlin. Consider how Trump’s early overtures to another strongman, Chinese President Xi Jinping, gave way to a full-blown trade war against that country, which Trump now portrays as America’s enemy.
.. Of course, the world has come to expect broken promises and capriciousness from Trump. What is surprising is how Putin has misread the situation so badly. How could such a keen observer of the US, whose former career as a spy honed his ability to decipher people’s motives and intentions, fail to recognize the falseness of Trump’s promises?
.. If anyone knows that actions speak louder than words, it is Putin, whose words often include transparent denials of documented wrongdoing, from meddling in the US election to violating treaties. Yet Putin continues to ignore Trump’s actions and seeks for more meetings “to touch base” with the ever-complimentary US president, such as at this month’s World War I centenary in Paris or the G20 summit in Argentina.
Putin seems to think that he has been using the strategically incompetent Trump to advance his ends. In fact, Trump has dragged everyone into his reality-TV world, in which sensation, exaggeration, and misinformation all serve his only true goal: to be the last “survivor” on the island. By the time Putin finally realizes that he has been duped, the world will probably have paid a high price in terms of political stability, strategic security, and environmental damage. And Putin will have to pay it, too.