PRESS RELEASE
CONTACT INFORMATION:
Reese Industries
& The Reese Family Foundation
Angus Reese, the
Earl of Glamorgan/CEO & President
029 2022 3207
reesea@reesecompanies.org
RELEASE DATE:
October 4, 2021
RESPONSE TO THE RELEASE OF THE PANDORA PAPERS
Dateline: Cardiff, Wales, UK — Reese Industries and The
Reese Family Foundation strongly condemn the behaviours outlined in the Pandora
Papers. People of great wealth have an
even greater responsibility to the wider society that supports their businesses
and political endeavours. Taxes are an investment in your nation’s future
and are an expectation of all citizens.
Your business’s employment of citizenry is only helpful if those workers
can access safe roads and can be certain competent medical services are readily
available. People hoarding resources that
are well beyond what any man, family or legacy could need is avaricious in its
purest form.
Reese
Industries and the Reese Family will always be completely transparent, despite
the fact that the company is privately owned.
We have nothing to hide. Reese
Industries will also continue to pay our fair share in taxes and generously
support our charitable arm, The Reese Family Foundation. No company or family monies are held in “off-shore
accounts” and 43% of the land owned by the Reese family is used for community needs
around Wales, such as neighbourhood playgrounds, youth football clubs, and senior
centres, at no cost.
I
challenge my fellow millionaires, billion- and trillionaires to commit to
increasing their tax payments by 25% over the next year. We can figure out what to do with the rest later.
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