Reply #12: Don't you love all the indictments for tax evasion? [View All]

[Baby Snooks]

"UBS said last year it would stop offering offshore services to U.S. citizens."

They said that right after they said they would not turn over the list of depositors. But would confirm if the US government provided a list. But would not turn over the cash of course. Of course it would depend on whether the depositors used their names on anything. Most don't.

Numbered accounts, you see, are just that. And most have corporations in exotic places like the Caymans listed on the bank records which of course the banks don't even turn over to their own government.

Switzerland will always be a tax haven for the wealthy. And the Swiss want to keep it that way. The US government is about to discover what the British government discovered a long time ago. The wealthy don't like taxes. So they go to Switzerland and buy a home or two and evade taxes. Don't like it? They can always move permanently to Switzerland. And some do. Like Mark Rich. And like Richard Burton.