Our decision to have lower taxes, because we don’t need to raise more money, seems an odd thing to criticize us for. Companies do not choose Cayman. They choo

Our decision to have lower taxes, because we don’t need to raise more money, seems an odd thing to criticize us for. Companies do not choose Cayman. They choose “not my home/operating country”, then as a well regulated and safe third party location many of them end up in Cayman. And you should be glad they do, because here they operate transparently and legally, and if it’s for tax benefits whatever tax loopholes exist in their home countries are closed they’ll have no choice but to richly comply. (BTW, In surveys the most frequent reason cited for being in cayman is regulatory neutrality, not tax mitigation.) And if Obama has a problem with hundreds of companies sharing an address, I can’t wait until he finds out about Delaware. Or a post office!