"A Swiss Response to American Fiscal Imperialism
Switzerland is in the unfortunate position of being bullied and
harassed by the U.S. government. The crux of the problem is that the
United States arguably has the world's worst tax system for
international activity, and this creates conflict with other nations,
particularly ones that have good tax laws that attract investment.
This has resulted in a number of different attacks against Swiss
sovereignty. On the multilateral front, the Obama Administration is
actively supporting the anti-tax competition project of the Organization
for Economic Cooperation and Development...
What makes this situation particularly frustrating is that it is entirely the result of bad American policy.