As the documentary “Tax Me If You Can” explored, the tax shelter became one of corporate America’s biggest hidden profit centers in the 1990s and early 2000s. The General Accounting Office estimated that bogus tax shelters at the time cost the government more than $85 billion. Correspondent Hedrick Smith spoke with government officials, tax experts and industry insiders to expose these tax shelters. His reporting led him to some unexpected places — from the city of Dortmund, Germany, to the Cayman Islands. The documentary examined how difficult it was for the Internal Revenue Service to find tax shelters and how the tax shelter wave prompted a federal investigation. The ultimate victim in this scheme, experts in the documentary said, is the honest taxpayer who is left to make up what companies aren’t paying.
Self
As the documentary “Tax Me If You Can” explored, the tax shelter became one of corporate America’s biggest hidden profit centers in the 1990s and early 2000s. The General Accounting Office estimated that bogus tax shelters at the time cost the government more than $85 billion. Correspondent Hedrick Smith spoke with government officials, tax experts and industry insiders to expose these tax shelters. His reporting led him to some unexpected places — from the city of Dortmund, Germany, to the Cayman Islands. The documentary examined how difficult it was for the Internal Revenue Service to find tax shelters and how the tax shelter wave prompted a federal investigation. The ultimate victim in this scheme, experts in the documentary said, is the honest taxpayer who is left to make up what companies aren’t paying.
2004-02-19
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A documentary about the closure of General Motors' plant at Flint, Michigan, which resulted in the loss of 30,000 jobs. Details the attempts of filmmaker Michael Moore to get an interview with GM CEO Roger Smith.
Drawing surprising connections between market methods and CIA torture techniques developed in the 1950s, the film explores how well-known events of the recent past have been theaters for the shock doctrine, from Pinochet's coup in Chile, to the Tiananmen Square Massacre, to the war in Iraq today.
He was one of Germany's leading investment experts with an income of several million Euros per day. Now, he sits on one of the upper floors of an empty bank building in the middle of Frankfurt, overlooking a skyline of glass and steel. And talks. In an extended mix of a monologue and an in-depth interview, which is as frightening as it is fascinating, he shares his inside knowledge from a megalomaniac parallel world where illusions are the market's hardest currency. Marc Bauder's 'Master of the Universe' is based on meticulous research and provides us with geniune insight into the notoriously secretive and self-protective 'universe' of which our nameless protagonist experiences himself a master. Where other films on the financial meltdown have focused on the epic nature of larger-than-life business, Bauder probes the mentality that made it possible in the first place. A tense drama where psychology meets finance - two things that are more closely linked than you would like to believe.
Since the late 18th century American legal decision that the business corporation organizational model is legally a person, it has become a dominant economic, political and social force around the globe. This film takes an in-depth psychological examination of the organization model through various case studies. What the study illustrates is that in the its behaviour, this type of "person" typically acts like a dangerously destructive psychopath without conscience. Furthermore, we see the profound threat this psychopath has for our world and our future, but also how the people with courage, intelligence and determination can do to stop it.
Alexis Conran investigates whether loyalty cards save consumers money when shopping, looking into the possibility that supermarkets could be inflating prices only to discount them. Alexis discovers how supermarkets offer a reduced price in return for an exchange of data from shoppers, speaking to those responsible for handling the data and making profits from it.
This is a documentary about an honest search for the truth about the Federal Reserve Bank and the legality of the Internal Revenue System. Through extensive interviews with recognised experts and authority, the director shows an astonishing revelation of how the Federal Government and the Bankers have fooled the American public by taking thier wages and putting it in the pockets of the super-rich.
A documentary about the Enron corporation, its faulty and corrupt business practices, and how they led to its fall.
Two decades after the initial exposé of the corporation, this follow-up unveils a world now fully remade in its image and perilously close to fascism.
A former minor tax collection department is now a billion-dollar agency. This groundbreaking documentary exposes how this agency harasses, oppresses, intimidates, and terrifies small businesses and decent citizens.
Three "lost" decades of economic stagnation since the collapse of Japan's bubble era have fundamentally altered the country's global image, and spawned the term "Cheap Japan." What will it take to truly revive Japan's economy once again? In a rapidly changing world, the question of how the globe's third largest economy can avoid being left behind is perhaps more pertinent than ever. Drawing on both expert guidance and in-depth analysis of a wide range of available data, we hunt for clues that might point the way to Japan's ever-elusive economic renaissance.
A documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money.
This documentary takes the viewer on a deeply personal journey into the everyday lives of families struggling to fight Goliath. From a family business owner in the Midwest to a preacher in California, from workers in Florida to a poet in Mexico, dozens of film crews on three continents bring the intensely personal stories of an assault on families and American values.
From the acclaimed director of American Movie, the documentary follows former Los Angeles police officer turned independent reporter Michael Ruppert. He recounts his career as a radical thinker and spells out his apocalyptic vision of the future, spanning the crises in economics, energy, environment and more.
In suburban Buenos Aires, thirty unemployed ceramics workers walk into their idle factory, roll out sleeping mats and refuse to leave. All they want is to re-start the silent machines. But this simple act - the take - has the power to turn the globalization debate on its head. Armed only with slingshots and an abiding faith in shop-floor democracy, the workers face off against the bosses, bankers and a whole system that sees their beloved factories as nothing more than scrap metal for sale.
In this highly anticipated sequel to his groundbreaking, ADVERTISING AND THE END OF THE WORLD, media scholar Sut Jhally explores the devastating personal and environmental fallout from advertising, commercial culture, and rampant American consumerism. Ranging from the emergence of the modern advertising industry in the early 20th century to the full-scale commercialization of the culture today, Jhally identifies one consistent message running throughout all of advertising: the idea that corporate brands and consumer goods are the keys to human happiness. He then shows how this powerful narrative, backed by billions of dollars a year and propagated by the best creative minds, has blinded us to the catastrophic costs of ever-accelerating rates of consumption.
With the country's debt growing out of control, Americans by and large are unaware of the looming financial crisis. This documentary examines several of the ways America can get its economy back on the right track. In addition to looking at the federal deficit and trade deficit, the film also closely explores the challenges of funding national entitlement programs such as Social Security, Medicare and Medicaid.
Spanning over 2,000 years, this study looks at the complex relationship between Jewish and Catholic thought from a social and historical perspective. Examining different significant moments for both religions throughout the centuries, this commentary on the book analyzes and explains the conflicts that have arisen between the two religions since their beginnings.
A film that exposes the shocking truth behind the economic crisis of 2008. The global financial meltdown, at a cost of over $20 trillion, resulted in millions of people losing their homes and jobs. Through extensive research and interviews with major financial insiders, politicians and journalists, Inside Job traces the rise of a rogue industry and unveils the corrosive relationships which have corrupted politics, regulation and academia.
Plunder: The Crime of Our Time is a hard-hitting investigative film by Danny Schechter. The "News Dissector" explores how the financial crisis was built on a foundation of criminal activity uncovering the connection between the collapse of the housing market and the economic catastrophe that followed.