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News from The Associated Press, and a taste of the great journalism produced by AP members and customers.

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    The Associated Press‏Verified account @AP 10 Oct 2021

    The Pandora Papers report revealed how the world's rich and powerful stashed trillions of dollars using tax havens. Philanthropy experts fear that increasing use of such measures will give the wealthy less incentive to donate to charity.http://apne.ws/Toyeu0g 

    1:14 AM - 10 Oct 2021
    • 140 Retweets
    • 260 Likes
    • Janet Werner Michelle Justiniano Carmilla von Karnstein 🏳️‍🌈 jeannine mead Cindy Tomlinson jeff kennedy DJ C NSK Kids My Funny Ba’alentine
    46 replies 140 retweets 260 likes
      1. Ryan Bottorff‏ @atbottorff 10 Oct 2021
        Replying to @AP

        So, taxes?

        0 replies 0 retweets 5 likes
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      1. a triste vida do acadêmico gangsta...‏ @bulcao_cesar 10 Oct 2021
        Replying to @AP

        Brazil's economy minister appears in Pandora papers. he has been practicing an exchange rate policy where he has been profiting while more than half of Brazilians do not know what they are going to eat tomorrow.

        0 replies 0 retweets 5 likes
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      1. Ay-ay-rohn‏ @mbearcatze 10 Oct 2021
        Replying to @AP

        Is it so hard to grasp?pic.twitter.com/DfjDwShcpe

        0 replies 0 retweets 0 likes
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      1. Ponderwall‏ @ponderwall 10 Oct 2021
        Replying to @AP

        The mechanisms are not so hard to discover:https://ponderwall.com/index.php/2019/10/06/multinationals-avoid-billions-tax/ …

        0 replies 0 retweets 0 likes
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      1.  ❄️ ☃️ Snowby Coldpacio  ☃️ ❄️‏ @virtuistics 10 Oct 2021
        Replying to @AP

        Wouldn't philanthropy experts know that the rich haven't ever had incentive to do meaningful charity, because capitalism requires them to maintain an underclass they can exploit and profit off of -- hence the well-documented trend of hoarding wealth in tax havens?

        0 replies 0 retweets 29 likes
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      1. That Headline Again‏ @HeadlineAgain 10 Oct 2021
        Replying to @AP

        First readthrough I thought they meant that reports exposing the tax havens would reduce donations. Word better, AP.

        0 replies 0 retweets 3 likes
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      1. Leif B‏ @___leifb73 10 Oct 2021
        Replying to @AP

        Oh FFS

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Redlu‏ @Redlu52 10 Oct 2021
        Replying to @AP

        That's the takeaway you got from the Pandora papers that the rich won't donate enough to the charities. my take away is we need to make it impossible to defund the IRS then the working class wouldn't need so much of a safety net and we could pay off the debt

        1 reply 0 retweets 2 likes
      3. Steve Nash‏ @FarmersFastline 10 Oct 2021
        Replying to @Redlu52 @AP

        I think we should get rid of Social Security.

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Antoine Stark  💜‏ @IAmIronManSon 10 Oct 2021
        Replying to @AP

        So what you’re saying is it was never about the charity? Now they don’t even want the networking associated with hanging out with other elite tax cheats…pic.twitter.com/FRhy2Uqs0e

        0 replies 0 retweets 1 like
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