One rule for the rich and to hell with everyone else. Wasn't it ever thus? The Paradise Papers tax avoidance story is one of greed, pure and simple. The mega leak of millions of documents has revealed how the uber wealthy elite, their platinum-gilded snouts burrowed deeply into the trough get even richer through legal, but murky manoeuvres that rob the rest of society of money that could be spent on important things like hospitals, schools, roads and benefits for the needy. It's an opaque world populated by pops stars, politicians, actors, royalty and business titans who use offshore accounting gymnastics to avoid paying their fair share.
One particular stomachchurning example is that of Bono, who in my mind deserves the riches that come his way for his musical output. He has more money than Midas could ever have wished for and if he never earned another penny his quality of life wouldn’t be affected one iota. Yet, he’s holding out for even more. It’s this that is so sickening.
The sanctimonious U2 frontman was revealed to be one of the owners of a Lithuanian shopping mall that’s under investigation for potential tax avoidance. Previously when challenged about his band's decision to run some of its business affairs through the Netherlands instead of Ireland the singer made no apologies. Just remember that the next time he's talking about helping the world's poor. He has sought out accountants who through skill, cunning and expert knowledge of loopholes allow him to squirrel away some of his wealth in tax havens. He bangs on about inequality yet actions such as these have contributed to its astonishing global rise. Whenever I hear the word hypocrite it's always Bono's face that comes to mind.
Taxes are not just for the little people but it’s going to take one mighty regulatory crackdown to get the greedy global elite to cough up. One car, three different powertrains: Plug-in, Hybrid, Electric. No one has done this until now. #GeneraciónIONIQ
Whenever I hear the word hypocrite it's always Bono's face that comes to mind, taxes are not just for the little people