Send a Tweet
Most Popular Choices
Share on Facebook 2 Share on Twitter 3 Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
OpEdNews Op Eds

Bernie Sanders Statement on Panama Papers

By   Follow Me on Twitter     Message Bernie Sanders       (Page 1 of 1 pages)     Permalink    (# of views)   1 comment

Related Topic(s): ; ; ; ; , Add Tags
Add to My Group(s)

Must Read 4   Well Said 4   Valuable 4  
View Ratings | Rate It

opednews.com Headlined to H2 4/5/16

Author 7111
Become a Fan
  (132 fans)
- Advertisement -


U.S. Sen. Bernie Sanders on Tuesday issued the following statement after 11.5 million documents were made public from a Panama law firm that helped some of the world's wealthiest people establish offshore bank accounts:


- Advertisement -
"We now know, as a result of the 'Panama Papers' released by an international consortium of investigative journalists, that more than 214,000 entities throughout the world have been using a law firm in Panama to avoid paying taxes.

"At a time of massive income and wealth inequality in the United States and around the world, the wealthiest people and largest corporations must start paying their fair share of taxes. Children should not go hungry while billionaires use offshore tax havens to avoid paying their fair share of taxes.

"The Panama Free Trade Agreement put a stamp of approval on Panama, a world leader when it comes to allowing the wealthy and the powerful to avoid taxes.

- Advertisement -
"I was opposed to the Panama Free Trade Agreement from day one. I predicted that the passage of this disastrous trade deal would make it easier, not harder, for the wealthy and large corporations to evade taxes by sheltering billions of dollars offshore. I wish I had been proven wrong about this, but it has now come to light that the extent of Panama's tax avoidance scams is even worse than I had feared.

"My opponent, on the other hand, opposed this trade agreement when she was running against Barack Obama for president in 2008. But when it really mattered she quickly reversed course and helped push the Panama Free Trade Agreement through Congress as Secretary of State. The results have been a disaster.

"The American people are sick and tired of establishment politicians who say one thing during a campaign and do the exact opposite the day after the election.

"It is time for real change. As president, I will use my authority to terminate the Panama Free Trade Agreement within six months. My administration will conduct an immediate investigation into U.S. banks, corporations and wealthy individuals who have been stashing their cash in Panama to avoid taxes. If any of them have violated U.S. law, my administration will prosecute them to the fullest extent of the law."
Mossack Fonseca sign
Copyrighted Image? DMCA

- Advertisement -

 

- Advertisement -

Must Read 4   Well Said 4   Valuable 4  
View Ratings | Rate It

opednews.com

Bernie Sanders is the independent U.S. Senator from Vermont. He is the longest serving independent member of Congress in American history. He is a member of the Senate's Budget, Veterans, Environment, Energy, and H.E.L.P. (Health, Education, (more...)
 

Bernie Sanders Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Sanders Response to Clinton's Speech on Jobs

Saving Our Democracy

Vermont Senate Votes to Overturn Citizens United

Why Do Republicans Hate Social Security?

I Support Hillary Clinton. So Should Everyone Who Voted for Me.

Saving American Democracy