Updated Tax Evasion Figures: Lifestyles of the Rich and Fraudulent.
Unf*cking The Republic
UNFTR Media
4.9 • 683 Ratings
🗓️ 21 April 2023
⏱️ 37 minutes
🧾️ Download transcript
Summary
An explosive new report from the Bureau of Economic Research just landed, and it seems that no one in the media or political class cares. The report pulls together findings from new domestic regulations related to offshore banking and revelations from a treasure trove of documents leaked in the Pandora Papers. The Bureau estimates that billionaires are now holding nearly $4 trillion in assets in offshore accounts, an increase of nearly $1 trillion since the last estimate was published. And it’s likely a good deal more than this.
Chapters
Intro: 00:00:44
Chapter One: The Magnitude of the Problem. 00:02:52
Chapter Two: Leak. Uncover. Match. Report. 00:10:45
Chapter Three: Assessing the impact. 00:15:11
Post Show Musings: 00:21:57
Outro: 00:33:15
Resources
Investopedia: The Tax Implications of Opening a Foreign Bank Account
NBER: The Offshore World According to FATCA
Vox: Biden’s billionaire tax proposal, explained
ICIJ: Where are the key Panama Papers figures, seven years later?
WTTW: A Growing Worry for Charities: Tax Havens for the Rich
OpenSecrets: ‘Dark money’ groups aligned with party leadership steer hundreds of millions of dollars into 2022 federal elections
Tax Policy Center: Biden’s Budget Would Raise Taxes On High-Income Households, Cut Them For Many Others
United States Senate Committee on Finance: Wyden Investigation Uncovers Major Loophole In Offshore Account Reporting
IMF: The True Cost of Global Tax Havens
Mirror Online: Rishi Sunak accepted £60,000 from donors linked to offshore tax havens for leadership bid
POLITICO: Liberal 'dark-money' behemoth funneled more than $400M in 2020
UNFTR Resources
Episode: Modern Monetary Theory: Can we afford it? Yes. Yes, we can.
Episode: Corporate (Ir)Responsibility: Part One: Financial Fuckery and Tax Evasion.
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Transcript
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| 0:00.0 | UNFDR |
| 0:03.0 | You to the end to the FTR |
| 0:08.0 | I'm fucking the Republic beating people where they are |
| 0:11.0 | Left, right center make you laugh, make you cry |
| 0:14.0 | Max brings the heat of a basic white guy |
| 0:16.0 | Could have run for office, could have got up off his ass |
| 0:19.0 | We'd have made something other than a fucking podcast. |
| 0:21.9 | But here we are, yo. |
| 0:22.9 | The UNFPR show. |
| 0:24.3 | Man, he faces ripping the script with unfuckers around the globe. |
| 0:27.1 | And Brigitte brings it back for Tom McGovern, let's go. |
| 0:29.6 | Unfuckers, Uncuckers, you're our fuckers 99. |
| 0:32.1 | Down on the fuckers and some fuckers, they all like they fucking minds. From New York to Outagame, Halifax to New Zealand. |
| 0:38.9 | Say it loud, say it with me. Yo, fuck Milton Friedman. |
| 0:45.6 | The Uber wealthy in this country, no, no. |
| 0:48.6 | The Uber wealthy on this planet have truly pulled off a grift for the ages. |
| 0:54.5 | But U.S. grifters are in a league of their own. |
| 0:57.2 | Somehow, the top 10% of the 1% have managed to convince average citizens that they are a protected class. |
| 1:05.2 | The job creators, individual engines of the capitalist system, rare birds of prey that must be coddled and preserved |
| 1:12.6 | like an endangered species. |
| 1:14.6 | There's no reason to rehash how the upper echelon of the billionaire class has amassed more wealth |
| 1:19.6 | than the rest of the inhabitants of the planet. |
... |
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