Obama: Panama Papers Leak Shines Light on ‘Big Global Problem’
5th April 2016
Apparently he thinks that the problem is that all of this tax avoidance is legal. The very idea! That people will use perfectly legal ways to lower their tax bill!
The real problem, of course, of which Obama is totally clueless (as of so much else) is oppressive levels of taxation, which makes it worthwhile for these pissant jurisdictions to provide these tax havens merely by (a) not charging as much and (b) not ratting out the beneficiaries to the Robber Barons.