Mala and Clement - The paradise papers

What follow up questions and comments do you have for Mala and Clement?

It was an interesting subject, i think that everyone that earn a lot of money will naturally search a way to pay less taxes. So i don't blame those who do that and i don't understand those who scream scandal because they would do that too if it was them.

tsiry wrote:It was an interesting subject, i think that everyone that earn a lot of money will naturally search a way to pay less taxes. So i don't blame those who do that and i don't understand those who scream scandal because they would do that too if it was them.

But wouldn't it be better if the international laws were changed so that people and companies are taxed on the "true" profit within each country that the normal man pays?

Good job guys. It is a subject of acutality and very interesting. According to me, unfortunately, I think that no matter what governments do to fight tax evasion, there will always be people to create a new way around this. People are very ingenious when it comes to money. But I do not agree with you at all, Tsiry. I think it's a chance (yes, a chance ) to pay taxes. It proves that you make a very good living. And let's be honest, these people live very well after paying taxes. And then, for me nothing justifies such a difference in income. I do not think that an athlete (for example) who receives millions is more useful to society than nurses, firefighters, teachers ... But it's just my opinion.

Admin: I agree with that , but the thing is that there is some sector where the taxation is really not fair , and the gov knows that but keep their eyes close because they think that the people who work in those sectors earn too much , but they dont know the amount of work that those people did to achieve that income. For example, (and i answer cassandra too with this), people who make living with trading have to pay taxes as soon as they earn (even the first euro has to be declared ) , but the taxation is 45 % whatever how much you earned . It means if you reach 1000 euros , the fisc will take 450 directly , and trust me that when you work hard, spent hours and nights in order to succed in that profession , it's unconceivable that you let the gov take you 45 % . Three of the best french trader : Sylvain march , benoit rousseau, thami kabbaj left France for russia, andorre, and dubai respectively. The biggest private futures trading company (krechendo fund in paris) has to take high leverage (high risk) to stay profitable. And yes those people made good living even with the taxes when they was in France. But it's not a fault to make a good living , so it's not a fault to evade taxes if it's not fair, because work means reward . Its easy to say that when you work for a bank or company and receive a salary that is already free of taxes . But when you work for yourself and pay it yourself that's completely different

tsiry wrote:Admin:  I agree with that , but the thing is that there is some sector where the taxation is really not fair , and the gov knows that but keep their eyes close because they think that the people who work in those sectors earn too much , but they dont know the amount of work that those people did to achieve that income. For example, (and i answer cassandra too with this), people who make living with trading have to pay taxes as soon as they earn (even the first euro has to be declared ) , but the taxation is 45 % whatever how much you earned . It means if you reach 1000 euros , the fisc will take 450 directly , and trust me that when you work hard,  spent hours and nights in  order to succed in that profession ,  it's unconceivable that you let the gov take you 45 % . Three of the best french trader : Sylvain march , benoit rousseau, thami kabbaj left France for russia, andorre,  and dubai respectively. The biggest private futures trading company (krechendo fund in paris) has to take high leverage (high risk) to stay profitable. And yes those people made good living even with the taxes when they was in France. But it's not a fault to make a good living , so it's not a fault to evade taxes, because work means reward . Its easy to say that when you work for a bank or company and receive  a salary that is already free of taxes . But when you work for yourself and pay it yourself that's completely different

I'm not disagreeing with you Tsiry. I just think that an hour of my life is worth as much as an hour of anyone else's life.

And why should the lower middle class pay so much more of their wages to help everyone else?

Admin: I agree with that , no life worth more than an another, my statement was against the taxes- system , not you admin ^^' . in UK or US or Canada the system are better, So i wish that taxes in france will be more fair because it's a nice country with good people, and no the low/middle class should not pay for the others , everyone work for their personnal well being or their family so it's unfair to pay for the others.

Why our leaders remain "helpless" in the subject of tax evasion?

Long lives to taxes...

Clement, individuals practicing tax evasion are not illegal. The state has no power to counter them. Otherwise it would take an international authority to start finding solutions.

Hi guys, it was a complet and good presentation !
I don't know if you read it but EU made a list of 17 countries in the world qualified as tax paradise. But none are european country, curious isn't it ?

thank you for the presentation it was very interesting.

The problem of paradise paper come from countries which provide this "paradise" with a very avantages tax policy. They use this to attract amazing amount of money and take their part of profit.
The question is why France can't do the same things ? Probabely because of his debt and the disagrement of people whit this policy.