US proposes crackdown on financial 'enablers' in wake of Pandora papers

Contributing sentiments towards policy:

50% : Following a series of deregulations, South Dakota's trusts currently enjoy some of the world's most powerful legal protections from taxes, creditors and other claimants in the world, and hold $367bn (£273bn) in assets, up from $75.5bn (£55.36bn) in 2011.
46% : The bipartisan bill was proposed in the wake of the Pandora papers, a leak of 11.9m files from 14 different offshore services providers around the world that revealed how the global elite use tax havens to legally avoid paying billions in taxes, and how they are increasingly taking advantage of the US's liberal trust laws.
26% : "Our bill closes that loophole and encourages the administration to move in the same direction.""American adversaries ranging from China to Iran to Russia have taken advantage of the US enablers of kleptocracy - unscrupulous lawyers, accountants, and others, to push their dirty money into our system, attempting to undermine our republic from within," said Wilson.

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