View Full Version : Companies moving to Switzerland
nelson
03-12-2009, 01:35 PM
Low tax economy attracts companies... no surprise here.
Will companies relocate from the USA to Switzerland? You bet? Will they take US jobs with them? Absolutely! Would I do the same? No doubt. Why pay huge tax rates - to fund massive bailouts for failed companies?
Switzerland has a very de-centralized tax authority, meaning individual regions are free to set their own tax rates. This is a formula much like the states'-rights vision originally laid out by the founders of the USA, and very unlike what exists in the USA now - a behemoth federal government throwing taxes around like it's going out of style.
Another example showing why raising tax rates does not increase revenues; you just make taxpayers take their business elsewhere.
Corporate oil booms in low-tax Switzerland
http://www.reuters.com/article/rbssEnergyNews/idUSL312427120090312?feedType=RSS&feedName=rbssEnergyNews&rpc=22
The G
03-12-2009, 01:44 PM
Low tax economy attracts companies... no surprise here.
Will companies relocate from the USA to Switzerland? You bet? Will they take US jobs with them? Absolutely! Would I do the same? No doubt. Why pay huge tax rates - to fund massive bailouts for failed companies?
Switzerland has a very de-centralized tax authority, meaning individual regions are free to set their own tax rates. This is a formula much like the states'-rights vision originally laid out by the founders of the USA, and very unlike what exists in the USA now - a behemoth federal government throwing taxes around like it's going out of style.
Another example showing why raising tax rates does not increase revenues; you just make taxpayers take their business elsewhere.
Corporate oil booms in low-tax Switzerland
http://www.reuters.com/article/rbssEnergyNews/idUSL312427120090312?feedType=RSS&feedName=rbssEnergyNews&rpc=22
I think you'll find BO killed the tax cuts for companys moving jobs over seas. It really hasn't been on the news but it there. :)
Johnny Dangerously
03-12-2009, 01:51 PM
I think you'll find BO killed the tax cuts for companys moving jobs over seas. It really hasn't been on the news but it there. :)
If this is true then good for him! (Thought I'd throw G a bone...) ;)
MYCAR47562
03-12-2009, 01:53 PM
So He Killed It And No One Is Talking About It? I Doubt That Prove It
The G
03-12-2009, 01:57 PM
Our union president was in Washington last week when he was told. It was in the 1st big bill BO signed
The G
03-12-2009, 01:59 PM
Remember when McCain was saying that US company's pay the second highest tax in the world.
I call BS
http://www.worldwide-tax.com/
Johnny Dangerously
03-12-2009, 02:06 PM
Remember when McCain was saying that US company's pay the second highest tax in the world.
I call BS
http://www.worldwide-tax.com/
Dude, from your own link (nice link BTW) it shows the U.S. top tax rate as 35%. Next highest is 40%. There is nothing higher on that chart.
Where's the BS?
MYCAR47562
03-12-2009, 02:34 PM
Dude, from your own link (nice link BTW) it shows the U.S. top tax rate as 35%. Next highest is 40%. There is nothing higher on that chart.
Where's the BS?
+1....
The G
03-12-2009, 03:52 PM
Sorry I was wrong with that link. I had one saved and cleaned out my favorites the other week. I looked but could find the one I had, I found this one and it looks like we are no. 4. The one above didn't have all the countrys, hell not sure if this one does. :)
http://www.taxfoundation.org/blog/show/1471.html
MYCAR47562
03-12-2009, 04:01 PM
Sorry Bro That Shows Us At Number 2
The G
03-12-2009, 04:03 PM
Looks like no 5 to me but I can't count.
MYCAR47562
03-12-2009, 04:16 PM
In 2000 We Were #6 But In 2006 We Were Number 2
The G
03-12-2009, 04:41 PM
I missed that one, I was wrong.
MYCAR47562
03-12-2009, 04:48 PM
I Know You Were Just Looking At It Wrong Lolit's Kool
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