President Obama addressed the massive Panama Papers leak on Tuesday, saying the documents showed that "tax avoidance is a big global problem.” “A lot of it’s legal, but that’s exactly the problem,” he said in remarks at the White House where he pushed Congress to enact corporate tax reform. The Panama Papers are documents from a Panama-based law firm that set up offshore shell companies. More than 100 news outlets examined the documents, finding information about the financial holdings of 140 politicians and public figures around the world. The leak has already led Iceland’s prime minister to resign. The sole reason why people are putting money overseas whether you like these people are not, is simply do to our ridiculous seventy thousand page tax code. Are people not allowed to have the freedom of choice to put their hard earned money where they want to. Personally I don't even feel safe with my own money sitting in America's banking system, especially with all of the blackout test they have done in the pass few years. So that they can see if their establishment is safe enough from hacking and what not. Banks in America alone in recent years are even starting to charge you on your money to even pull it out from ATM'S across the country. So whether it be multi billionaires or your average Joe putting money overseas. Can you really blame them with how our economy is ran? The Panama Papers is nothing more then a smear campaign to take down people that don't go along with the leftest agenda around the world and here in America.
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