The Paradise Papers is the most recent leak to reveal how the super rich around the world as well as global corporations have used off-shore tax havens in the Caribbean to avoid paying taxes in their home territories.
One may frown at the revelations in Paradise Papers, and Panama Papers published some time ago, but we have been witnessing our own ‘Trinidad and Tobago Papers’, albeit, without naming the culprits of local tax evasion. Local VAT evasion and opposition to the property tax reveal the underlying social and economic philosophy that drives global tax evasion revealed in the Paradise Papers.
Behind tax evasion is not only greed and self-preservation, but also a more sinister anti-community mindset that denies any kind of responsibility for the common good. Sheer individualism motivates the rich, middle and propertied classes to avoid paying their fair share of taxes.