High taxes, cops on almost every streetcorner, and burdensome regulations are the norm worldwide. Yet a USA Today report documents that numerous ‘world leaders’ have been caught hiding money in offshore private bank accounts.
In some cases, the money hidden away by these government officials was looted directly from government accounts gorged with funds from the long-suffering taxpayers of their respective countries.
The USA Today reports that the ‘Panamanian Papers’ scandal broke when an anonymous tipster leaked years of financial records that appear to have belonged to a Panamanian law firm.
