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IMF hiding behind fig leaf in tax evasion scandal': Analyst

Monday, 18 April 2016 10:19 AM [ Last Update: Monday, 18 April 2016 10:18 AM ]

An activist carrying placards reading "Bank blocked due to tax avoidance," blocks the French banking Societe Generale in Le Mans, northwestern France on April 12, 2016. (Photo by AFP)

Press TV has interviewed Mike Harris, a finance editor with the Veterans Today from Oregon, about the International Monetary Fund’s demand for countering tax evasion at international level.

The following is a rough transcription of the interview.

Press TV: Essentially a lot of people under similar circumstances would start blaming the IMF as being part of the problem rather than being part of the solution. Now, do you buy that and how is that playing out in this context and circumstance?

Harris: Well, I think it’s a fig leaf that the IMF is hiding behind. This problem of multinational corporations avoiding taxes has become so obvious and so apparent to almost everybody that they had to say something. And like I said this is a fig leaf, they’re hiding behind.

Now, if you look what happens when a multinational corporation evades taxes, it deprives that country of the resources it needs to carry out its mission, to take care of its people, to provide for defense, to provide for all the benefits that these corporations profit from and it weakens their position.

Then if you cross that over and you look at what’s going on globally with these trade organizations that the TTIP being passed, that weakens national sovereignty further.

What we’re seeing here is a move by the globalists to essentially dissolve the sovereign nations of the world, as we see them today or at least weaken them so much that their corporate governance rules over sovereign governance of free people around the planet.

Press TV: Now, Mike, does the IMF along with other similar bodies that cooperate with it, do they have the necessary tools and international mechanisms to enforce what they’re trying to promote here?

Harris: Absolutely not. The IMF needs to go away and needs to be dissolved. It serves no useful purpose. The IMF has been a tool to enslave countries and burden them with debt for decades.

What needs to happen is the local governments, if you’re going to have a multinational corporation doing business within your sovereign territory, you’d better make them play by your rules and not allow them to pill for taxes and hide them in heavens.

And whatever means necessary is the sovereign governments of the world still have the power to extract their pound of flesh from the multinational corporations, which is why the multinational corporations are pushing so hard for the TTIP trade deal, which is really a disaster for all free humans on this planet.

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