I think there is something new to offer. Last week I was in Switzerland, and I stayed at the British embassy for one night because the ambassador is a friend of mine. The next day the ambassador had his minister coming over from Britain and they were going to discuss with the Swiss government how to stop the leak of taxes between Britain and Switzerland.
I believe this is one of the ways that has to be used to influence these tax shelter countries. Today I think that is more and more possible with computerization. In the Swiss case, these people are willing to negotiate. I think that is the way to go, while trying to close the loopholes for individuals.
As far as the corporations are concerned, they must compete, and we cut our own nose to spite our face if we don't allow them to compete abroad.