The Panama Papers - Tax dodgers threaten our way of life

YESTERDAY’S co-ordinated publication by more than 100 news organisations of the Panama Papers confirmed that there is one law for the rich and powerful but another, far less accommodating one, for the rest of us. 

The papers confirmed that there are more than enough professionals — bankers, lawyers, accountants or auditors — only too happy to play their sleazy part in this latest scandal to underline the urgent need for enforceable transnational tax transparency and concerted action to end this professionally endorsed theft.

That the publication comes as the aggressive tax minimisation of international corporations is highlighted suggests nation states face an unprecedented challenge to their legitimacy and capacity to provide life-sustaining social services.