June 10, 2016

Christian Science Monitor: Rich Americans implicated in Panama Papers leak: Where’s the outrage?

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“What we’re seeing here is a tax avoidance mechanism that is only available to the most wealthy Americans,” the executive director of the Institute on Taxation and Economic Policy Matthew Gardner told the Monitor in a phone interview. 
“When you allow best-off Americans to take advantage of these shelters,” says Mr. Gardner, “it does real harm to the public’s trust in government.”

“What we’re seeing here is a tax avoidance mechanism that is only available to the most wealthy Americans,” the executive director of the Institute on Taxation and Economic Policy Matthew Gardner told the Monitor in a phone interview. 

“When you allow best-off Americans to take advantage of these shelters,” says Mr. Gardner, “it does real harm to the public’s trust in government.”

 

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