[Coleus]

Walgreens urged to leave US to gain tax benefit

[Jonty30]

Switzerland is a very pretty country, but to live in what would be the equivalent of a US suburb, it would cost about $4,000/month.

[Still Thinking]

But what exactly does it mean when a corporation becomes Swiss? Will they start having complimentary fondue in the checkout lanes?

No, but you'll be required to be armed at all times on the premises.

[Blood of Tyrants]

The United States has the highest corporate tax rates on the planet. And, you guessed it, Illinois has one of the highest state corporate tax rates in the U.S.

Yet liberals will complain that the only reason corporations leave is because they are too greedy. As if corporations exist to pay the taxes that support the liberal welfare state.

[gaijin]

Doin’ the Tina Turner..!

And I APPROVE!

They’re TEACHING Illinois.

Illinois will pay some tuition and get smarter.

Wellllll…maybe a teeny, tiny bit smarter.

[deadrock]

In before ‘bring jobs back now.’

[AZLiberty]

Can you say, “fiduciary responsibility”?

Companies are legally required to do what’s best for their shareholders. U.S. tax laws force companies to thumb their nose at America.

[1010RD]

Walgreens is one of Illinois’ premier companies.

Politicians in Illinois took the possessive case too seriously. Walgreens belongs not to Illinois, but to its stock holders.

Capital goes where it's welcome and stays where it's well treated. --Walter B. Wriston

It's that simple.

[nathanbedford]

We complain about elites but sometimes it is worthwhile step back and consider how they see the world.

If you are George Soros you do not see the world defined by national boundaries, you see it defined by market areas, transportation grids, and consumer densities. In other words, your American passport is an item of convenience not of conviction. Your preoccupation is worldwide and the nation state is often regarded as an impediment to your ambitions and sometimes regarded as a bulwark against the ambitions of others, or other nation states.

For these people patriotism is a quaint concept.

As a matter of governing intelligently, we must begin to consider how and why we should erect or demolish national barriers to trade and labor. Today, the president of the United States was blathering on about economic patriotism when the concept of sound economics is foreign to him and patriotism is anathema to him. Why, should we believe the Barack Obama can intelligently decide to send $47 billion to Gaza but Walgreen cannot make an rational decision about where it is better advantaged economically?

Obama's role is not to criticize people who are behaving rationally according to their responsibilities to maximize profits, but to make America the most attractive place to maximize profits.

If we let the left define "economic patriotism" we will get neither.

[stocksthatgoup]

Why not just raise taxes? /s

[Tallguy]

Isn’t it interesting that certain people — elites — say that corporations — even closely held corporaions — can’t espouse a moral code yet they refer to corporations as having ‘citizenship’? Weird disconnect going on here.

[urbanpovertylawcenter]

Freedom's just another word for nothing left to lose.

Oh, yeah, for me and Bobby McGee.

Let me see here, the young immigrants are pouring over our porous border to the South and large corporations are pulling out in droves.

Good night, America.