Walgreens considering a move out of the US

[Katzndogz]

Walgreens urged to leave US to gain tax benefit - FT.com

The move, known as an inversion, would dramatically reduce Walgreens’ taxable income in the US, which has among the highest corporate tax rates in the world

It's called fleeing obamataxes.

 

[Mr. H.]

It's Bush's fault in 3... 2...

 

[SteadyMercury]

It's called fleeing obamataxes.

Have corporate taxes gone up under Obama? I'm genuinely curious as I have no idea, and know from experience you are usually just talking out of your ass.

 

[blastoff]

Gotta do what you gotta do as long as it's within the law. No different than Barry using the tax laws to his advantage.

 

[Katzndogz]

We have the highest corporate tax rate in the world. Japan did, then they cut their taxes to below ours.

U.S. corporate tax rate poised to become highest - Mar. 27, 2012

 

[SteadyMercury]

We have the highest corporate tax rate in the world. Japan did, then they cut their taxes to below ours.

Whether we have the highest corporate tax rate in the world wasn't my question.

You pinned it on Obama, I was curious if that it was actually true that he had something to do with corporate taxes being the highest or if you were doing your usual kneejerk political hack job with no basis in facts.

So again, is the US having high corporate taxes a recent phenomenon? By your comment about Walgreens fleeing Obamataxes I'd assume you believe so, do you actually know this?

 

[Politico]

Good for them.

 

[SteadyMercury]

Nevermind I found it, you were predictable in your cluelessness:

 

[HelenaHandbag]

Nevermind I found it, you were predictable in your cluelessness:

The effective rate is 0%, if you have your nose stuffed up Obie's butt.