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U.S. sham corporations aid drug lords
October 25th, 2013
Stefanie Ostfeld and Dietlind Lerner co-authored the below Op-Ed appearing on CNN’s website. (CNN) — Last winter, the Chicago Crime Commission and the U.S. Drug Enforcement Administration named Mexican billionaire Guzman Loera the city’s “Public Enemy No. 1.” Also known as “Shorty,” Guzman heads the world’s largest narcotics operation, the infamous Sinaloa cartel, and allegedly
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How Will New York City's Next Mayor Respond to Rising Income Inequality?
October 24th, 2013
In less than two weeks New Yorkers will head to the polls to replace Mayor Michael Bloomberg, who has hit his term limit. In the race, Bill de Blasio, the Democratic candidate, is the clear frontrunner over Republican Joe Lhota by 64 percent to 23 percent. To voters, the campaign has centered on the economy and jobs, public education, and affordable housing—issues which all relate to major concerns over New York’s rising income inequality. In New York City income inequality is a huge concern. In fact, according to the Census Bureau, the income gap in the City is higher than...
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Campaigners challenge Cameron to keep promise to tackle company secrecy
October 24th, 2013
The UK government must use the Open Government Partnership summit in London next week to end the secrecy surrounding who really owns millions of UK companies, campaigners said today. Discussions are underway right now at the highest levels of government and campaigners are expecting a decision to be made by the end of this week.
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Taxcast Edition 22: October 2013
October 23rd, 2013
In the October 2013 Taxcast: Swiss villagers send some of profit shifting mining giant GlencoreXstrata’s money to humanitarian projects, tax havens do some window dressing and how many sets of accounts does a multinational corporation REALLY need to file their tax returns? The David and Goliath story of tax collection – even for the United States.
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