"Do what we say - not what we do!"
There is one major problem with that: of all the countries in the world, it is none other than the country of which Obama is president, the United States, that has become the world's favorite offshore "tax haven" destination.
As Bloomberg, which first broke the story about Nevada's use as a prominent tax haven early this year, writes, "Panama and the U.S. have at least one thing in common: Neither has agreed to new international standards to make it harder for tax evaders and money launderers to hide their money."
Over the past several years, amid increased scrutiny by journalists, regulators and law enforcers, the global tax-haven landscape has shifted. In an effort to catch tax dodgers, almost 100 countries and other jurisdictions have agreed since 2014 to impose new disclosure requirements for bank accounts, trusts and some other investments held by international customers -- standards issued by the Organization for Economic Cooperation and Development, a government-funded international policy group.
Comment: Just another in the myriad of ways the US is egregiously hypocritical about what it says (or accuses others of), and what it actually does.