Corporate oil booms in low-tax Switzerland


	Corporate oil booms in low-tax Switzerland

sillysam

3-12-2009 1:33 PM

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3-13-2009 9:37 AM

gemfemfox

Once the tax the rich policies hit our shores, look for many American corporations to close shop and move.

We are already the second highest taxed country, once we are the first and the new carbon taxes and regulations kick in, there is NO valid reason for a successful, multi-national corporation to remain in this country.

Way to go government!

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announced plans to move to Switzerland -- mainly for its appeal
as a low-tax corporate domicile that looks relatively likely to
stay out of reach of <A title="More on Barack Obama's campaign for the 2008 Election" href="http://www.reuters.com/news/globalcoverage/barackobama">Barack Obama</A>'s tax-seeking administration.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/rbssEnergyNews/idUSL312427120090312?feedType=RSS&feedName=rbssEnergyNews&rpc=22"><P> In a country with scant crude oil production of its own, the
virtual energy boom has changed the canton or state of Zug,
about 30 minutes' drive from Zurich, beyond all recognition. Its
economy was based on farming until it slashed tax rates to
attract commerce after World War Two.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/rbssEnergyNews/idUSL312427120090312?feedType=RSS&feedName=rbssEnergyNews&rpc=22"><P> Over the past six months companies including offshore
drilling contractors Noble Corp and Transocean, energy-focused
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Weatherfield International have all announced plans to shift
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