The newly released “Paradise Papers” investigation reveals how the wealthy, including over 120 top political and world leaders, hide their massive riches offshore. The previously released “Panama Papers” similarly exposed how the world’s biggest corporations avoid paying their own billions in taxes, as well.
By John Friend
After a year of research, a group of independent journalists has released a treasure trove of information on where and how the elites hide their money around the world to avoid paying the taxes with which millions of middle-class Americans are saddled.
Known as the “Paradise Papers,” this latest document dump follows closely on the heels of the release of a similar batch of banking details in the so-called “Panama Papers,” documenting the secrets and corrupt practices of the global power elite and some of the world’s most powerful and influential corporations.
The International Consortium of Investigative Journalists (ICIJ) launched an international examination
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