Barack Obama

Very strongly agree

No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

Obama has been vocal about his concerns regarding wealthy individuals using offshore accounts to evade taxes. In 2016, following the Panama Papers leak, he said, 'There is no doubt that the problem of global tax avoidance generally is a huge problem...The laws are so poorly designed that they allow people...to avoid taxes.' Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Yes, as long as offshore income is reported

During his presidency, Obama advocated for financial transparency and took steps to combat tax evasion, including offshore tax evasion. This included supporting the Foreign Account Tax Compliance Act (FATCA), which requires U.S. citizens to report foreign financial accounts and offshore assets. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, and neither should corporations and business organizations

Obama has expressed concerns about corporations using offshore accounts to avoid taxes. His administration took steps to limit corporate inversions, a practice where U.S. companies move their headquarters overseas to lower their tax bills. However, he has not explicitly called for a complete ban on offshore banking for corporations and business organizations. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Yes

While Barack Obama has not explicitly spoken against U.S. citizens saving or investing their money in offshore bank accounts, his administration took steps to increase transparency and reduce tax evasion, which can be facilitated by offshore banking. Therefore, he might not fully agree with this unrestricted approach. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

Obama has never advocated for a complete ban on offshore banking for U.S. citizens. His focus has been more on ensuring that these accounts are not used to evade taxes, rather than prohibiting them outright. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.