I don't want to be too pessimistic, but I'm doubtful about those initiatives. Tax experts seem to be 10 steps ahead of legislators, not to mention lobbyists.

I don't want to be too pessimistic, but I'm doubtful about those initiatives. Tax experts seem to be 10 steps ahead of legislators, not to mention lobbyists. I really want to believe that tax havens could be solved, but if you think about it, it's a very hard problem and nobody has enough political capital to solve it. Even people who are in power have little interest in trying to improve the situation, and I doubt that voters would really give any damn, not to mention that there are many small businesses who already benefit from tax havens too.