Islamist groups allied to al-Qaeda had grown rich exploiting traditional Saharan smuggling routes as cocaine began to carve its way through west Africa en route to Europe, then boosted their income by kidnapping tourists visiting cities such as the wondrous Timbuktu.
The answer, of course, is that Pfizer gets rich exploiting U.S. patients and taxpayers.
In the olden days there were only two reasons why a white person would ever consider venturing to such gnarly climes: to convert heathens to Christianity or to get rich exploiting local resources.
The revelation that a company engaged in industrial-scale offshore tax avoidance, even on US soil, comes after Obama has repeatedly spoken out against companies and the super-rich exploiting the US tax code.. Soon after he took office in 2009, Obama outlined plans to crack down on offshore tax havens and return more than $200bn in unpaid taxes to the US.
But the idea of the existence of a rich exploiting kulak class was false.
Zimbabwe's president, Robert Mugabe, has come to Mr. Kabila's support out of personal ambition to be a force in the region, and because his generals are growing rich exploiting Congolese resources of timber, gold, diamonds and metals.
The documents show the myriad ways in which the rich can exploit secretive offshore tax regimes.
In reality, argues Mike Emmerich, co-founder of Discuss, complex loopholes allow the rich to exploit the system and pay less tax than they should.
Second, the rich can exploit current complexities to avoid taxes in ways that could be curtailed in a flat-tax system.But could a flat tax be introduced without there being losers?
A name was given in response to all but one of about 90 requests in the Panama Papers leak – a huge cache of documents from the Panamanian law firm that helped rich clients exploit secret offshore tax regimes.
New details of Banks's financial dealings are contained in the massive leaked database of the world's fourth biggest offshore law firm, Mossack Fonseca, which has revealed the myriad ways in which the rich can exploit secretive offshore tax regimes.
