Given President Obama's propensity to appoint people who have ... ahem ... tax-paying problems to high positions, one would not expect him to hold forth on the evils of tax havens. One would be wrong. After all, our own Prime Minister, Chancellor of the Exchequer and, even, his Shadow continue to attack tax havens and City bonuses (which are fully taxed) regardless of MPs' financial peccadillos.
Here is the indefatigable Dan Mitchell explaining on YouTube why President Obama is talking through his hat.
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