The humbug escalates

President Obama is now calling for international tax reform, following the latest tax avoidance revelations. Someone ought to tap him on the should and point out that the remedy is in the hands of the governments who are losing their revenue. If the tax system has built in leakage holes, then it will leak. Though on reflection it is a bit strange that he does not already know what needs to be done. Which raises the nasty thought that perhaps he is playing the system himself.