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But that's the point, no? Swiss have their own laws (hiding assets), US have their own laws (arresting people who hide assets), seems perfectly fair. Personall
by tomp 8y ago
But that's the point, no? Swiss have their own laws (hiding assets), US have their own laws (arresting people who hide assets), seems perfectly fair.
Personally, I wish no developed (e.g. EU, US) country would allow any economic relationship with any country that allows tax avoidance (like 0% tax) or tax evasion (like bank secrecy).
- NTDF9 8y ago> Personally, I wish no developed (e.g. EU, US) country would allow any economic relationship with any country that allows tax avoidance (like 0% tax) or tax evasion (like bank secrecy). But US allows huge tax deductions for businesses. Maybe other countries don't? Wouldn't they have a right to say, "Personally, I wish no developed (e.g. EU, US) country would allow any economic relationship with any country that allows unfair deductions or tax evasion (like states give to Amazon).
- sonnyblarney 8y agoTax avoidance is fine. That's for the government to sort out. As for " Swiss have their own laws (hiding assets)," - not really. UBS et. al. are not supposed to be helping Americans evade paying taxes - by their own law.