You cannot hide your money in Switzerland anymore

If you are wealthy, do not try sending your money to Switzerland anymore. The United States Government will come for it:

The Swiss parliament approved a deal Thursday to help the Internal Revenue Service obtain the names of Americans with secret accounts at Switzerland’s largest bank.

The approval averted a renewed conflict between the U.S. and Swiss governments over bank secrecy. If the deal had collapsed, Swiss banking giant UBS faced the threat of potentially crippling U.S. legal action.

Instead, the breakthrough paves the way for the Swiss government to turn over the names and account details of as many as 4,450 U.S. clients of UBS suspected of using undeclared accounts to hide income and evade taxes.

via Swiss to help IRS identify secret UBS accounts in tax probe.

What is the alternative you ask? Simple. Gold and Silver.

It is a pity that our Government has embraced such blatant attempts at robbery. Socialism is just that, steal from the working to give to the lazy.