Our patriotic businesses

Next time you hear about young American soldiers dying overseas to protect our freedom, remember that for many corporate bastards that means the freedom to lay claim to another country as their headquarters in order to duck taxes. Remember that people like Mikey are defending businessmen who have no allegiance to this country and consider the U.S. only as a lucrative market. In the meantime, reconsider doing business at Walgreens and CVS.

http://www.washingtonpost.com/business/economy/us-policymakers-gird-for-...

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If government spent our money only on things that we rely on government to do (e.g. maintain streets and bridges, provide a legal system/protect us), I'd have an issue with people and companies trying to avoid paying taxes. However, as we know, the government has long ago exceeded its responsibility boundaries. I don't want to pay for teapot museums, National Endowment for the Arts, public television, etc.

Thus, I'm all for anyone trying to reduce their tax bill however they can.

(As an aside, I find it so typical that the politicians' answer to companies moving their headquarters oversees is to legislate against it--instead of making our tax structure more appealing.)

http://www.toledoblade.com/business/2014/08/06/Walgreens-declines-to-pur... facts are such pesky things

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

The fact is the negative publicity caused Walgreens to reconsider, Fred. Screw Walgreens.

Patience is a great virtue.

How about Congress actually doing something to close the loophole?

According to purnhrt, Paul, and FG I am not in the military and thus protecting no one.

MikeyA

http://www.bloomberg.com/news/2014-08-06/obama-let-delphi-avoid-taxes-in...

President Barack Obama says U.S. corporations that adopt foreign addresses to avoid taxes are unpatriotic. His own administration helped one $20 billion American company do just that.

As part of the bailout of the auto industry in 2009, Obama’s Treasury Department authorized spending $1.7 billion of government funds to get a bankrupt Michigan parts-maker back on its feet -- as a British company. While executives continue to run Delphi Automotive Plc from a Detroit suburb, the paper headquarters in England potentially reduces the company’s U.S. tax bill by as much as $110 million a year.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

I agree that in the overall context, the president is hypocritical, but extenuating circumstances exist since Delphi was a major component in the bailout of the industry.

Patience is a great virtue.

How is what these companies doing any different from ultra rich Americans like Michael Moore, Al Sharpton, and Robert Redford doing with their taxes?

MikeyA

Or for that matter, what Spielberg does when he(and others)film in places where they get out of paying union scale to their workers? Where is the "time and a half/Raw Deal" crowd concerning this issue?

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