“The abundance of money that was being hidden in Swiss accounts to avoid paying taxes was not publicly discussed in Switzerland until recently. Everyone knew that it existed, but it only became an issue when other countries started running out of money during the debt crisis. Banking secrecy has been under pressure since the end of the Cold War, but it wasn’t until the crisis that the European Union, the OECD and the United States did everything in their power to destroy it. Banking secrecy was once as unshakeable as the mountains, and together with independence, neutrality and direct democracy, it constituted one of the fundamental elements of the Swiss national myth.”
Related posts:
Ron Paul Gets Cut Off During Interview On Syria With Wolf Blitzer
Rock-bottom vacancy rates push Colorado rents to all-time high
Uruguay bans all cash payments over US$5,000 as of next year
Google 'Donates' Millions For San Francisco Kids' City Bus Fares
U.S. complains about ‘excessive’ business class travel by UN staff
FDA finally releases draft of new food import safety rules
Mexico Bill Loosens Restrictions On Foreigners Buying Residential Property
Gold trade booms in war-torn Syria
Bitcoin Adoption Rate In Iran Surges Despite Censorship And Protests
Sen. Jay Rockefeller pitches cybersecurity bill to top CEOs
Trump’s CIA Director Wants to Return to a Pre-Snowden World
Fox 25 Covers Consumer Concerns About Driver’s License Scanning
Internet pirates get 2 years in U.S. prison over bootleg new releases
Charles Ramsey Interview, Cleveland Man That Found Amanda Berry
Unease at Clinton Foundation Over Finances and Ambitions