Switzerland seems to never give up in its\u00a0pursuit\u00a0of\u00a0abuse - and in its ability to deliver misinformation.<\/p>\n
Swissinfo has reported<\/a>:<\/p>\n
Switzerland has proposed it impose a final tax at the source on money held by US citizens in Swiss banks, according to Finance Minister Eveline Widmer-Schlumpf.<\/p><\/blockquote>\n
So the Swiss are offering the US the same grubby little\u00a0arrangement <\/a>they have offered to the UK, and which we have been daft enough to accept.<\/p>\n
What's wrong with it? Well let's try this:<\/p>\n
a) The names of the epople involved aren't know, so tax evasion is encouraged.<\/p>\n
b) The capital remains wholly hidden from vuew - and if it was accumnulated due to tax evasiuon, that will always remain the case. That exonaterates past crimes.<\/p>\n
c) It\u00a0outsources\u00a0tax collection to a country\u00a0dedicated\u00a0to\u00a0promoting\u00a0tax crime, becasue that's what Switaerland is. If it wasn't it wouldn't be promoting this arrangemnt.<\/p>\n
My only encouragement is that the same report says:<\/p>\n
Widmer-Schlumpf said negotiations with the US for a tax at the source had not yet begun.<\/p><\/blockquote>\n
Let's hope the US has the sense to tell the Swiss what they can do with this offer. The suitable respone is short, direct and and decidedly unambiguous.<\/p>\n
So why didn't the UK deliver it?<\/p>\n
Should we conclude the UK isn't interested in collecting tax from those really rather 'nice' evaders who use\u00a0Switzerland\u00a0and would rather concentrate on he likes of gas fitters - it's\u00a0current\u00a0focus of attention. It\u00a0certainly\u00a0looks that way. Who said the class system was dead?<\/p>\n","protected":false},"excerpt":{"rendered":"
Switzerland seems to never give up in its\u00a0pursuit\u00a0of\u00a0abuse – and in its ability to deliver misinformation. Swissinfo has reported: Switzerland has proposed it impose a
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