Comments on: Swiss Banks Turn Away American Clients http://www.homeloanadvices.com/swiss-banks-renounces-to-american-clients/ Mortgages and Personal Finance Thu, 05 Nov 2009 16:09:15 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: tim vanovickoyo http://www.homeloanadvices.com/swiss-banks-renounces-to-american-clients/comment-page-1/#comment-115 tim vanovickoyo Mon, 06 Jul 2009 12:15:45 +0000 http://www.homeloanadvices.com/?p=204#comment-115 The US should back off with the bullying of the Swiss to comply with OUR tax laws We want them to release the names of the Americans with accounts in their banks.(laughable)Soon the Germans will start bullying the US into complying with THEIR tax laws and we will have to release the names of the Germans with accounts in our banks. (laughable?) The USA is a big tax haven. Non resident aliens(foreigners) pay no taxes on interest earned in US banks. The EU countries could use our bullying of the Swiss as a precedent and demand that the US comply with EU tax laws and force the US into releasing the names of their citizens who hold accounts in our banks.(The US established the precedent, why shouldn't we comply with our own precedent) Then the EU citizens will pull all their money out of our banks (like the Americans are doing to the Swiss banks)and our banks will collapse AGAIN. this time there will be a GREAT DEPRESSION! The US should back off with the bullying of the Swiss to comply with OUR tax laws We want them to release the names of the Americans with accounts in their banks.(laughable)Soon the Germans will start bullying the US into complying with THEIR tax laws and we will have to release the names of the Germans with accounts in our banks. (laughable?)
The USA is a big tax haven. Non resident aliens(foreigners) pay no taxes on interest earned in US banks. The EU countries could use our bullying of the Swiss as a precedent and demand that the US comply with EU tax laws and force the US into releasing the names of their citizens who hold accounts in our banks.(The US established the precedent, why shouldn’t we comply with our own precedent)
Then the EU citizens will pull all their money out of our banks (like the Americans are doing to the Swiss banks)and our banks will collapse AGAIN. this time there will be a GREAT DEPRESSION!

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