What this does: i) Deprives govts of resources to be spent on health, education and welfare of the poor, ii) In developing and poor economies with fewer jobs and rising inequality, adds to social anxieties
(3/n)
(2/n)
Why #PandoraPapers matters? What then US Pres Barack Obama said after #PanamaPapers on 5 April 2016 resonates till date: “A lot of it is legal, but that’s exactly the problem." Common folks abide by the tax laws whereas the rich game the system and evade taxes (1/n)