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Richard Stallman's Political Notes

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Swiss bank fine

samedi 27 avril 2019 à 02:00

The Swiss bank UBS will be fined over 4 billion dollars for helping rich French clients hide their wealth from taxation.

Note how the article suggests that making rich people pay taxes could be disadvantageous to a country in competing to attract the favors of powerful international capital.

Participating in that competition is surrender to the arrogant power that lost this case, and makes that power stronger and more oppressive. This case is a small step towards taking away its strength.