{"id":617,"date":"2009-03-13T20:13:00","date_gmt":"2009-03-13T20:13:00","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=617"},"modified":"2009-03-13T20:13:00","modified_gmt":"2009-03-13T20:13:00","slug":"the_law_of_unintended_conseque","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=617","title":{"rendered":"The Law Of Unintended Consequences"},"content":{"rendered":"<p>According to <a href=\"http:\/\/www.reuters.com\/article\/rbssEnergyNews\/idUSL312427120090312?feedType=RSS&amp;feedName=rbssEnergyNews&amp;rpc=22&amp;pageNumber=1&amp;virtualBrandChannel=10452&amp;sp=true\">Reuters<\/a>, a number of American energy companies are looking into the possibility of relocating to Switzerland to avoid the &#8216;war on business&#8217; that the Obama administration seems to be waging.&nbsp; America has the second highest corporate tax rate in the world, and the Obama administration has signaled that it plans to raise corporate taxes even higher.&nbsp; Do they honestly believe that companies who have the resources to relocate to other countries will not do that?&nbsp; Raising corporate tax rates puts a drag on the economy, it drives jobs overseas, and it increases unemployment.&nbsp; These do not sound like things we want to do during a recession.&nbsp; According to the article:<\/p>\n<p><em>&#8220;Over the past six months companies including offshore drilling contractors Noble Corp and Transocean, energy-focused engineering group Foster Wheeler and oilfield services company Weatherfield International have all announced plans to shift domicile to Switzerland.&#8221;<\/em><\/p>\n<p>This is the true cost of increasing corporate taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Reuters, a number of American energy companies are looking into the possibility of relocating to Switzerland to avoid the &#8216;war on business&#8217; that the Obama administration seems to be waging.&nbsp; America has the second highest corporate tax rate &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=617\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-617","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=617"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/617\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}