Episode 667 • • 1:30:02 - 1:33:45
667: Arming A-holes
Luxembourg Leaks, Jean-Claude Juncker Tax Scandal
The International Consortium of Investigative Journalists (ICIJ) released the "Luxembourg Leaks," exposing how corporations like Pepsi and IKEA use Luxembourg to avoid taxes. The scheme involves "comfort letters" from PricewaterhouseCoopers and internal bank loans to shift profits. The hosts question the timing of the leaks and their potential impact on European Commission President Jean-Claude Juncker.