Did you read Reuters’ article yesterday about oil companies moving to Switzerland?
Ed Morrissey also has a good piece about it at HotAir.com.
It seems the oil companies have decided that they don’t want to be TAXED TO DEATH in the US, so they have moved their operations to Switzerland. Many of them moved in 2008 so we can’t blame this totally on Obama….but, then again, maybe they saw more taxes coming if Obama were elected. And we now know, of course, that they were wise in their decision to “get the heck outta’ Dodge”.
Those dirty, rotten profit-seeking capitalists.
Thanks for the comment Carolyn. I am not surprised.
There’s no question that it started when it looked like Obama would get elected. My friend does international accounting and she’s been swamped since it was fairly certain he would get elected.