US accused of having its own tax havens

{US accused of opening up its own tax havens at home.}

The United States has been professing to be fighting tax evasion all over the world, but at the same time, it’s opened up tax havens at home: in Delaware, Nevada, Wyoming and South Dakota, says journalist Ernst Wolff.

Mr Wolff says: “See, the states of Delaware, Nevada, Wyoming and South Dakota are the new Switzerlands of this world.’’

He adds that the states are absolute tax havens that guarantee people banking secrecy which surpasses that of Switzerland and Luxembourg.

He said that what the US is doing is blackmailing people all over the world and the only way people can avoid ending up in that list is putting their money into the new tax havens in America.

Meanwhile, Mr Gerald Celente, publisher of the Trends said: “When the Panama Papers were first reported in the US, the first thing that they started writing about were the connections between those alleged to put the money in the offshore accounts and Russian President Vladimir Putin without any evidence at all. This is this anti-Russian, anti-China, anti-Iran campaign that just keeps beating in America.”

Commenting on billionaire George Soros’s connection to this issue Mr Celente said: “As a matter of fact, his influence is beyond global – look what’s going on in America and his influence in the presidential reality show that they call a presidential race.

US FINANCIAL SYSTEM

‘‘And when you read from the Guardian that “much of the leaked material will remain private,” this is supposed to be a free and open society? I believe that this might be a push back from Soros for Russia last year banning a number of American NGOs. So, this could be payback.”

Given the political class in Washington, it is very unlikely any serious attempt will be made to reform the US financial system with regard to laundering and tax havens, says political commentator and writer John Wight.

Meanwhile, Panama’s public prosecutor against organized crime said on Tuesday there was no evidence so far to take action against the law firm at the centre of the Panama Papers scandal, following a raid lasting 27 hours on its offices.

“Right now we don’t have any strong evidence allowing us to take any sort of decision” against the firm Mossack Fonseca’’, the prosecutor, Javier Caraballo, told reporters.

He said the swoop on its law offices, located in Panama’s banking district, had begun on Tuesday.