The rumor mill said that on President Clinton’s many trips he was negotiating tax agreements and extradition policies with other nations. Does anybody know about that?
It’s an old topic; the only difference is now with the harmonization of the EU (access to information) and the German tax authorities clamping down such stories bubble up. When Germany passed their capital gains tax years ago, Lichtenstein and Luxembourg became tax shelters and made billions as people were rushing their money out of Germany. It's one of those great side effects those preaching all the worlds problems can be fixed with another tax and government program didn’t foresee.