Wednesday, 31 August 2011

Dudes in Zug - August 25th

So I am in Zug. It is the place where unscrupulous British companies relocate their head office when they don't want to pay any corporation tax on their corporate income. Then they pay themselves lavishly because they must be so clever and the cost of living is so high.

I thought that I would pop by to tell them about the riots in the UK, so see if they get the connection.

As an aside, Eric tells me that the locals in Zug can't afford the rents due the the influx of rich foreigners that the 'no tax' rule encourages. Such unintended consequences.

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