Oil companies relocate to Switzerland

Anticipating a significant worsening of the business climate and tax rates in America, oil drilling and related companies are relocating elsewhere.  (Via Instapundit.)

The mere anticipation of future tax hikes and regulation is cutting tax revenues right now.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s