Thursday, October 29, 2009

Switzerland needs to apologise to Italy

From the AP:

"Foreign Minister Micheline Calmy-Rey summoned Italy's ambassador in Bern to explain why financial police's largely targeted Italian branches of Swiss banks Tuesday as part of their crackdown on cross-border tax evasion. . . Italian authorities had acted in a "discriminatory" fashion."

We've got a suggestion for Calmy-Rey. It would be more appropriate to summon Italy's ambassador, then prostrate yourself and beg forgiveness for the abusive behaviour of Swiss banks on Italian territory, for Swiss banks' roles in assisting rich Italians to get poor Italians to pay their taxes for them, for Swiss banks' handling of the proceds of crime, and for their general contempt for Italy. Then, perhaps, summon the German ambassador and do the same. Then the French ambassador.

Better still, a world tour.

3 Comments:

Anonymous web desiging said...

I would say the Switzerland is a very decent country i am doing some Web Designing projects from Switzerland.i have some close relations with the Swiss people and they are very kind and gentle people so hopefully Swiss should apologize on their mistake!

12:28 AM  
Anonymous TJN said...

Indeed, Swiss people are usually lovely on a personal basis - polite, kind and all that, and a very significant portion of the Swiss population, in fact, is horrified by what the banks are doing. Unfortunately Swiss bankers have largely captured Swiss politics, and even though Calmy-Rey belongs to the Social Democratic Party, which is the most left-wing on the Swiss Federal Council and whose members are generally not supportive of bank secrecy, the tradition of "concordance" in Swiss politics means that she is obliged to represent the dominant position on these issues, and this position is dictated by Swiss bankers.

1:40 AM  
Anonymous HenriqueV. said...

Bullshit! In fact Italy has a lot to thank from Switzerland. Your simplistic views are biased and limited, because you consider any tax system as legitimate and always economically sound. Italy, as many other countries, Germany including, has excessive taxation, no transparency and lots of waste. In fact, economically speaking, they destroy savings, promote corruption and state abuse, things you ignore. If any employer in Italy or, for that matter, almost anywhere else, follows the letter of law strictly, they will go bankrupt and economy as whole suffers. The typical evader pays lots of taxes (and not as you affirm, lets the poor ones to pay for it, instead many poorer people also evade taxes by not declaring revenues from services due. A plumber who does not declare revenues harms other plumbers more ) Typically they evade extra revenues (less than 10% of whole wealth) and bring the money back to their economy as investments. There are lots of studies about capital flight that can sustain this view. Worse of all, Italians have no say on the taxes they pay. They cannot choose how much taxes they pay and to which purpose they are taxed. The only choice they have is between two cleptocracies, one nominally from left, the other nominally from the right, who mismanage their savings. Of course you will be shocked by this view, you are a true believer that taxes are the way for a more just society, even if France, Italy or countries like Brazil have high tax rates and fare badly (in the case of Brazil, very badly) in social justice. It would be better if you would be less dogmatic and present your case with solid arguments and not with selective research

5:30 PM  

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