‘Only the Little People Pay Taxes.’ The Pandora Papers and the Case for Crypto

‘Only the Little People Pay Taxes.’ The Pandora Papers and the Case for Crypto
First, there was a series of disclosures about monetary policymakers’ stock trading activity, a controversy that contributed to the resignation of the presidents of the Federal Reserve banks of Boston and Dallas and has put Fed Chairman Jerome Powell’s renomination in jeopardy.Then, last weekend, the International Consortium of Independent Journalists dropped the Pandora Papers. That trove of 11.9 million confidential documents revealed how “35 current and former world leaders, more than 330 politicians and public officials in 91 countries and territories, and a global lineup of fugitives, con artists and murderers” have shifted assets into offshore havens, shell companies and…