Another corporate moocher skips America

[kidrocks]

Nationalize Pfizer now! That'll teach future corporate-moocher tax-cheaters .





Another corporate moocher skips town | MSNBC

“Great corporations,” President Theodore Roosevelt said more than a century ago, “exist only because they are created and safe-guarded by our [government] institutions.”

One way corporations are safeguarded is that they pay less in taxes than people do. But not enough less, by the lights of Pfizer, to remain a U.S. company, as it’s been since 1849.

So the “world’s largest research-based pharmaceutical company” wants to reincorporate with AstraZeneca in Britain, where it would pay less corporate tax. Under current rules, it can do that—and still maintain its headquarters inside the U.S.

 

[The Rabbi]

You understand that Pfizer employs thousands of people and produces cutting edge drugs like Lipitor that have saved probably hundreds of thousands of lives, right?
Why are they moving? To save on taxes. There's the problem right there.
That and the fact that you are a moron.

 

[kidrocks]

You understand that Pfizer employs thousands of people and produces cutting edge drugs like Lipitor that have saved probably hundreds of thousands of lives, right?
Why are they moving? To save on taxes. There's the problem right there.
That and the fact that you are a moron.

They moved because of corporate-greed. Plain and simple. Greedy bastards charge an arm and a leg for their cutting edge, life-saving drugs.

 

[hjmick]

Are they doing anything that is illegal?

 

[kidrocks]

You understand that Pfizer employs thousands of people and produces cutting edge drugs like Lipitor that have saved probably hundreds of thousands of lives, right?
Why are they moving? To save on taxes. There's the problem right there.
That and the fact that you are a moron.

To save on taxes? Wrong again dip-shit!

And Pfizer? What has Pfizer been paying? The company claimed in its filings with the Securities and Exchange Commission that in 2010-2012 its effective U.S. tax averaged 21.7%, or just a whisker below the foreign average.

But the nonprofit Tax Analysts calculates Pfizer’s effective U.S. tax rate during those years to be closer to 15%—well below the foreign average. So dismiss from your mind any thought that Uncle Sam has been squeezing poor Pfizer.

 

[bedowin62]

Nationalize this; nationalize that!!1
and then these silly left-wing nutjobs have the gall to cry that they are being called Socialists and that others dont know the meaning of the word?

lol

 

[kaz]

Nationalize Pfizer now! That'll teach future corporate-moocher tax-cheaters

Bam, way to go Pfizer.

If you were rational, you would have looked at that article and said to yourself, WTF, a US company wants to go to socialist Britain to escape taxes, we are going to far! Instead you took another swill of the kool-aid.

 

[bedowin62]

You understand that Pfizer employs thousands of people and produces cutting edge drugs like Lipitor that have saved probably hundreds of thousands of lives, right?
Why are they moving? To save on taxes. There's the problem right there.
That and the fact that you are a moron.

To save on taxes? Wrong again dip-shit!

And Pfizer? What has Pfizer been paying? The company claimed in its filings with the Securities and Exchange Commission that in 2010-2012 its effective U.S. tax averaged 21.7%, or just a whisker below the foreign average.

But the nonprofit Tax Analysts calculates Pfizer’s effective U.S. tax rate during those years to be closer to 15%—well below the foreign average. So dismiss from your mind any thought that Uncle Sam has been squeezing poor Pfizer.

you're right idiot; they moved their operations offshore to get rates you just admitted are below the US average; and below the foreign average; just to mess with obama

maybe they're racist?

lol

why dont you go cry?

 

[Moonglow]

You understand that Pfizer employs thousands of people and produces cutting edge drugs like Lipitor that have saved probably hundreds of thousands of lives, right?
Why are they moving? To save on taxes. There's the problem right there.
That and the fact that you are a moron.

According to a transfer order filed on February 18, 2014, the United States Judicial Panel on Multidistrict Litigation (JPML) has granted a motion to centralize the pending state and federal Lipitor Diabetes Lawsuits and ordered all cases transferred to the District of South Carolina for pretrial proceedings.

“The complaints in these 56 personal injury actions are highly similar. Plaintiffs allege that they have developed type 2 diabetes as a result of taking Pfizer’s cholesterol-lowering drug Lipitor. They contend that Pfizer failed to warn physicians and consumers adequately of the risk of developing type 2 diabetes from taking Lipitor, knew or should have know that the risks of Lipitor included developing diabetes, and negligently, recklessly, and/or carelessly marketed Lipitor without adequate instructions or warnings.” 1

Lipitor Lawsuit News 2014: Lipitor Diabetes Cases Get MDL

 

[PredFan]

Nationalize Pfizer now! That'll teach future corporate-moocher tax-cheaters .





Another corporate moocher skips town | MSNBC

“Great corporations,” President Theodore Roosevelt said more than a century ago, “exist only because they are created and safe-guarded by our [government] institutions.”

One way corporations are safeguarded is that they pay less in taxes than people do. But not enough less, by the lights of Pfizer, to remain a U.S. company, as it’s been since 1849.

So the “world’s largest research-based pharmaceutical company” wants to reincorporate with AstraZeneca in Britain, where it would pay less corporate tax. Under current rules, it can do that—and still maintain its headquarters inside the U.S.

The US has the highest corporate tax rates in the industrialized world, they would be stupid not to go somewhere else.

 

[PredFan]

Nationalize Pfizer now! That'll teach future corporate-moocher tax-cheaters

Bam, way to go Pfizer.

If you were rational, you would have looked at that article and said to yourself, WTF, a US company wants to go to socialist Britain to escape taxes, we are going to far! Instead you took another swill of the kool-aid.

Kaz! Where you been hiding man?

 

[The Rabbi]

You understand that Pfizer employs thousands of people and produces cutting edge drugs like Lipitor that have saved probably hundreds of thousands of lives, right?
Why are they moving? To save on taxes. There's the problem right there.
That and the fact that you are a moron.

They moved because of corporate-greed. Plain and simple. Greedy bastards charge an arm and a leg for their cutting edge, life-saving drugs.

The U.K.’s corporate tax rate is 21%; presumably the effective rate there will be much lower for Pfizer, which claims to have paid an effective U.S. tax rate last year of 27.4%. By one estimate, the company would save as much as $1 billion per year—a disparity that reflects not confiscatory tax policy in the U.S., but rather a tax-slashing policy in Britain these days that’s prompted some to compare England’s green and pleasant land to the Cayman Islands.)

Yeah, those greedy bastards wanting to save $1B/year that they can spend on more R&D, better benefits for workers, or more return to stockholders.
The nerve of some companies. Don't they know all that money belongs to the governmeent?

 

[blastoff]

They're contemplating a legal business decision.

Anyone doesn't like it, do what lefty stooges always do and threaten to boycott their products. And maybe hold your breath until you turn blue just for emphasis.

 

[kidrocks]

Are they doing anything that is illegal?

Greedy corporate-moochers are experts at circumventing the law.

 

[Synthaholic]

Are they doing anything that is illegal?

Everyone on the Right keeps saying that no one did anything illegal in the 2008 crash. Yet it happened.

 

[bripat9643]

Nationalize Pfizer now! That'll teach future corporate-moocher tax-cheaters .





Another corporate moocher skips town | MSNBC

“Great corporations,” President Theodore Roosevelt said more than a century ago, “exist only because they are created and safe-guarded by our [government] institutions.”

One way corporations are safeguarded is that they pay less in taxes than people do. But not enough less, by the lights of Pfizer, to remain a U.S. company, as it’s been since 1849.

So the “world’s largest research-based pharmaceutical company” wants to reincorporate with AstraZeneca in Britain, where it would pay less corporate tax. Under current rules, it can do that—and still maintain its headquarters inside the U.S.

Why do you think a corporation is obligated to stay here so the government can pick its bones clean?

 

[healthmyths]

Pfizer will donate Fluconazole to South Africa.
After planning to cut R&D down to $8 billion to $8.5 billion in 2012, Pfizer recently decided to chop all the way down to $6.5 billion to $7 billion. Along the way it will slide down past current R&D budgets at Roche, Merck, Novartis and J&J, putting it around fifth place.
Pfizer - The world's biggest R&D spenders - FierceBiotech

 

[blastoff]

Are they doing anything that is illegal?

Greedy corporate-moochers are experts at circumventing the law.

Dipshit, they're obeying the law if they go through with it, not circumventing it.

Some of you are just plain stupid.

 

[Toro]

Lower corporate taxes and we don't have to worry about liberals whining about "moocher" corporations.

 

[Katzndogz]

Any company that stays in the US is run by morons. Only a fool would try to keep a business in this sinking ship. If we can get rid of democrats and their foolish positions companies will come back. Until then it's more helpful if they leave. After all, those thousands of employees can go on welfare and be supported by the rapidly shrinking supply of rich.