Loretta Lynch Quotes

We should not allow wealthy people, including corporate criminals, to hide their assets and avoid paying their bills.

The can’t collect legal taxes from illegal money.

I'm careful to pay every single penny on my taxes. I don't have any money offshore.

A very small proportion of the country's black money is in the movie industry. Because we are written about, public attention is focused on us. Do you think there is no black money in other businesses? With the exception of government servants and others who have tax deducted at source, there are tax evaders in every walk of life.

I did not use a Cayman Island entity to avoid paying taxes for myself.

There's something fundamentally grubby about the rich paying people to seek out cracks in the system to hide their money.

We shouldn't be encouraging people to set up Cayman Island funds.

It isn't only rich countries that suffer from the effects of tax havens. Developing countries also lose billions of dollars in tax revenues due each year because wealthy individuals and some companies use tax havens to move assets and income offshore.

We will also target tax evasion and off-shore tax havens... Everyone must pay their share.

It's bad form to mention money-laundering. Instead, you talk about asset-management structures and tax beneficial schemes.

The two greatest priorities for my government are tackling tax evasion and corruption.

And it would be fair. Everyone will pay the same tax and it will eliminate tax cheaters and corporate shenanigans.

Reliable numbers about the amount of dirty money around the world are difficult to come by. But according to an estimate by the nonprofit Global Financial Integrity group, $1 trillion vanishes from the developing world's economies every year.

Why do tax havens exist? Because rich countries allow them to. If the U.S. came down on tax havens in the same way they come down on countries that trade with Iran and Cuba, we'd have no tax havens in the world.

Those who take their money abroad in an effort to avoid paying American taxes should lose their American citizenship.

It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.

We know too little about global wealth dynamics, so we need international transmission of bank information.

Corruption, money laundering, and tax evasion are global problems, not just challenges for developing countries.

The result of offshore tax evasion is a disproportionate tax burden on law-abiding citizens and fewer resources available for public spending or tax cuts.

Massive tax avoidance. Billions and billions of dollars.

There will be huge scandals because there is too much money washing around …. And we don’t know who’s behind it.

People have to cooperate. Many people and traders here try to evade tax. They don’t want to pay tax so they smuggle goods and services into this country to make more money—as much as possible. The also manipulate the foreign currency market.

We know India is very focussed on black money; it is a very high-focus subject and we have been very careful to make sure the investments into India are legitimate. There is no 'round-tripping' or hot money or bad money being funnelled through Singapore.

The tax code is weighted toward the ultra-wealthy and ultra-wealthy corporations and has created an offshore aristocracy of people who can afford to hire an army of accountants and lawyers. This shifts the tax burden to small businesses, entrepreneurs, and others.

As she was about to run for president in 2008, Clinton opposed a free-trade agreement with Panama - an agreement that, as Sanders pointed out, would make the kind of money-laundering we learned about from the Panama papers even more pervasive.