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Because taxes
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Because its tax-free or used to be.
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Google is your friend.
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2 Repliesi am a gril
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2 RepliesBecause the Swiss banks are made of Swiss cheese and thus are on the moon. Moon security>American security. /thread
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Tax, security and privacy. You could put documents admitting your involvement in 9/11 in one of their strong boxes, and no-one but you would ever know.
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Swedish banks have a long established history of banking secrecy. This means that they won't hand over information about a client and their assets to public authorities, i.e. the police)
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Its their money, they can do whatever they want with it.
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To falsely claim income and evade the taxman.
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5 RepliesITT: Garra tears up dumb teenage liberals who have no idea how the world works.
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3 RepliesITT: People argue without sources, spewing whatever argument they last heard on the news/radio.
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Because greedy rich people.
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[quote]t4r[/quote] Taxes.
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Greed. They don't want to pay taxes.
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3 RepliesBecuase they don't feel they should pay like the rest of us. IMO they should be kicked out of the country
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19 RepliesBecause who needs 10 Billion when you can have 100 Billion! :D People like that make me sick. They should either pay up or have their business and assets seized by the state.
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Because they think they are above regular people and don't think they should pay tax because they are just so damn good.
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6 RepliesTaxing the rich (at a higher percentage than a typical U.S. citizen) isn't a good way to go about solving income inequality. If we just raised the minimum wage, I would think that we wouldn't have to worry about who has more money. Correct me, if I'm wrong.
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Because they can be sure that it's there when they need it.
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51 RepliesI don't know, why do socialists asses keep trying to make the rich pay more and more when they already do so? You are aware that most of the tax revenue the Fed gets comes from rich people right? Maybe if we didn't have people who were so Hell bent on taking away more of their money, they wouldn't be paranoid about losing it.
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2 RepliesEdited by EvilTaffyapple: 9/2/2013 1:31:31 PMSwitzerland has more lucrative confidentiality laws than the US and UK - established banks have reputations to uphold. They are not allowed to disclose any information about their bank account holders, no matter what the circumstances.
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1 ReplyI think because the money can't be touched by the US government. If they go to jail or have to pay a find of sort, they still have money in their swiss account.
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Cause it can't be traced. Duhhhh
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They're not in EU is my guess.
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Practically no taxes, and waaay higher interest rates for account growth.
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Because the US sucks with its taxes.