BEN CHACKO reports on fears at TUC Congress that the provisions in the legislation are liable to be watered down even further

THE United States can lead the fight against corporations and the richest 1 per cent that use shell companies and tax havens, which are located everywhere from the Cayman Islands to South Dakota, says Chuck Collins, a US expert on the issue, but only “if we get our house in order” through a crackdown on them at home.
But it’s going to take a lot to do that, he adds.
“The wealth defence industry says what they’re doing is legal,” including secret tax haven banks and law firms that set up shady accounts for the rich, Collins explains in an interview with People’s World. He’s the director of the Institute for Policy Studies’ Programme on Inequality and the Common Good.

The US could imminently return to the Wild West days of widespread and sometimes violent corporate repression of workers, says MARK GRUENBERG


