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Shocker: Low Taxes, Low Regulations Lead To In-Sourcing And More Jobs
Say Anything —
Who would have thought that lower taxes, less burdensome regulation and easy trade policies would lead to more jobs. Don’t the Democrats always tell us that free trade and tax cuts for businesses lead to greedy corporate giants taking jobs overseas?
Turns out, that’s not actually true.
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 ...
Flight Of The Golden Goose
Ace of Spades HQ —
Flight Of The Golden Goose To Switzerland. 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. SHUT. UP. Lower taxes do that? Screencap that article; there's no way Reuters' online editor meant for that startling admission of basic economic truth to see the light of day. Over the past six months companies including offshore drilling contractors ...
Oil Companies Move Rather Than Deal With Obama’s Tax Policies
California Conservative —
According to this article, President Obama’s tax policies are literally causing oil companies to move to tax-friendly Switzerland:
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.
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 ...
The Galts went over the mountains …
Hot Air » Top Picks —
The Galts went over the mountains … posted at 12:55 pm on March 12, 2009 by Ed Morrissey Send to a Friend | Share on Facebook | printer-friendly The phrase “going Galt” has suddenly become very popular, and according to Reuters, very apropos . American energy companies with the wherewithal have started transferring their businesses to places like Switzerland, where they can shield themselves from Barack Obama’s onerous tax policies for the next few years. Congress and the Obama administration will try to cut off this retreat route, but may not have much success: The tidy towns and mountain vistas of Switzerland are an unlikely setting for an oil boom. Yet a wave of ...
Capital moves to where it is treated best.
COUNTERCOLUMN: All Your Bias Are Belong to Us —
Unfortunately, thanks to Obamapelosipalooza, that isn't here anymore. 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. Must be part of that "change" thing I kept hearing about during the campaign. More: Swiss cantons are ...
Wealth Flees the Country to Escape Looters
Moonbattery —
... Tax and spend liberals have been driving anyone interested in producing wealth out of California, leaving the state on the brink of bankruptcy. Chairman Zero and friends must figure this won't be a problem for them, because you can't escape the federal Leviathan by moving from one state to another. But then, you could always take your productive activity out of the country completely… ...
