Susana Ruiz: Greed to Hoard

Posted by admin on Monday, October 4, 2021

Susana Ruiz Money Quote saying as Oxfam International’s Tax Policy Lead, about the Pandora Papers expose of tax havens and trusts. Susana Ruiz said:
 
secret parallel system of capital, one open only to those with fat amounts of money and the greed to hoard it all untaxed, and those who facilitate it Quote
 

“Bravo to the whistleblowers and journalists for shining a light into this secret parallel system of capital, one open only to those with fat amounts of money and the greed to hoard it all untaxed, and those who facilitate it” — Susana Ruiz

 

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This quote from Susana Ruiz expresses support for whistleblowers and investigative journalists who have exposed secretive financial systems that cater exclusively to wealthy individuals seeking to amass and hoard large sums of money without paying appropriate taxes.

Ruiz seems to be referring to offshore tax havens and mechanisms that allow some high net worth people to discreetly accumulate significant capital outside of regular tax and reporting systems. She portrays this as a “parallel” financial world accessible only to those with greed-driven motives to accumulate and stockpile vast untaxed riches, as well as the facilitators who enable such tax avoidance schemes.

By praising those who “shine a light” on these covert wealth accumulation practices, Ruiz suggests they are performing a valuable public service by bringing transparency to financial dealings that benefit only a privileged few seeking to maximize profits at the expense of broader tax obligations. The quote conveys criticism of greed-driven tax evasion enabled by unregulated financial systems catering solely to elite interests.

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