France is responsible for fiscal exodus

Thierry Meyer harshly criticises the French Member of Parliament Arnaud Montebourg, who has reproached Switzerland for favouring fiscal exodus. "Switzerland, says Montebourg, should be stopped from attracting the rich French as well as thousands of international businesses with fixed taxes, if necessary, by applying a blockade. Let us not dwell on the grotesqueness of the latter proposition. ... Still, is there not some truth in what Ségolène Royal's opportunistic spokesman is proposing? The answer is no. Switzerland offers less in the way of fiscal benefits than Great Britain or Ireland, members of the EU. The problem raised by Arnaud de Montebourg is a French one. It is one of a State that, on the left as much as on the right, does not always know how to fix the cursor between providence and competition. ... Should we, Arnaud de Montebourg, demand a blockade of the Channel? That would be somewhat less easy than taking aim at the 'Swiss Confederation'."

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