All tax havens for the wealthy should be eliminated as Cayman Islands, Cyprus, etc. The wealthy have to file all taxes, and corporation taxes in US and pay what is owed to US gov't. These corporations and wealthy have gotten away with scamming the US gov't of money owed to the Treasury.Laws should be passed to eliminate these tax havens. GE, friend of Obama, paid no taxes to US gov't and there are many more that have escaped by hiding money in tax havens. Pass a law to eliminate tax havens.