Yesterday, we had another predictable step in the winding-down of the Panama Papers - the enacting of new rules, aka, the Silver Bullet.
These new rules will be a "hammer blow" against tax evasion. Yay!
Let's see...
Will it put comrade Juncker on the spot for Luxembourg's sweet deals? Ah, no. OK...
Will it take care of the EU fiscal-bargain zones? Ah, again, no.
Will it, at least, have any sort of impact whatsoever on the UK territories and on the US (places like, say, Delaware)? I'll leave the answer as an exercise for the reader.
And there we have it. Ladies and Gentlemen, this was the Panama Papers, I hope you've enjoyed it.
I expect a few more innocuous names, some more lip service, and then we'll forget about this.
Until the next leak, where every pundit and his 3rd-cousin-twice-removed will go "Who could've predicted that?"
Oh, you probably didn't notice it, but yesterday Oxfam published another one of their report thingies... yeah, I know. How boring can you get, right?
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