ZUG, Switzerland, March 12 (Reuters) - The tidy towns and mountain vistas of Switzerland are an unlikely setting for an oil boom.
Yet a wave of energy companies has in the last few months 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 Barack Obama's tax-seeking administration.
Just goes to show you how when taxes are raised, you get less tax revenue… In this case billions and billions of dollars. Another Socialist anti-business anti-jobs fiasco. As corporations move out of the US they take their jobs and prosperity with them.