EU Sources - The Paradise Papers and pay - November 30, 2017

The publications from the International Consortium of Investigative Journalists (ICIJ), known as the Paradise Papers, highlight the failure of governments to stop the scourge of tax dodging and financial crime facilitated by offshore financial centres. For decades, wages have stagnated, public services have been squeezed and inequality has risen as workers have struggled to understand why globalisation’s riches seemed to pass them by. The Paradise Papers help to show where a lot of that wealth was siphoned off. Workers pay twice: first through income tax and VAT to make up for the tax gap, and then again through wage cuts because of austerity. The European trade union federation EPSU has been calling for years to end austerity-led cuts in staff resources in tax administrations and enforcement units. The fight against white-collar crimes must be as tough as the fight against terrorism that breeds on global inequalities. 

Read on: in English (1) …   in English (2) … Website Paradise Papers: in English …

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