James Blunt is moving to avoid paying taxes?

British singer/songwriter James Blunt is reportedly moving to Switzerland to avoid paying taxes on the 9.8 million dollars he's made on his debut album, "Back to Bedlam."In honour of the event, Swiss ski resort, Verbier, has named a chairlift after the singer. Verbier's director of tourism insists Blunt is joining esteemed company. He says, "He is the godfather of the new lift. It is an honor. Diana Ross, a popular celebrity in Verbier, has been godmother of a lift since 1998." Source.