Walgreens leaving Illinois for Switzerland?

Watchdog.org ^ | July 25, 2014 | SCOTT REEDER

[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.

[MtnClimber]

The political left believes that workers are sheep to be sheared, first for their cut and second to buy votes from their permanant underclass supporters. And they get angry when their sheep jump over the fence to get away.

[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.’

[dfwgator]

Switzerland is a very pretty country

If you ever go to Lucerne and have a chance to go up Mount Pilatus, I highly recommend it.

[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.

[jsanders2001]

Coming soon “Barack Obama: how I destroyed an entire using a fake ID and Cloward - Piven”

[usconservative]

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.

Game, Set, Match. Winner. Well done.

First rule of business for ANY publicly held company is to maximize value FOR THE SHAREHOLDERS --- not the stupid over-taxing US Federal and Illinois State governments.

Pat Quinn (Gov. IL) is a complete MORON. He's single-handedly chased more jobs out of Illinois than our previous 4 governors COMBINED.

[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.

[smokingfrog]

With all the money they’ll be saving, they will be able to pay their employees well, instead of forking it over to be spent by corrupt government agencies.

[bigbob]

Lol!

[bigbob]

I’m not sure the Rats didn’t call their pals at Walgreen and stir up a crisis so the mighty Quinn can now throw some incentives at them and take credit for saving the day.

[MV=PY]

"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."

Thank you for that perspective. I've never thought about it like that.

[Rodney Dangerfield]

Screw them. I have chronic pain issues and when I bring my prescription for my pain medication in, they treat my like a junkie and 20 minutes means 1 hour.

CVS is nice as can be, offers me a seat and has my meds ready in 15 minutes without practically running a “warrant check” on me. They will even text me when to get in line.

FU Walgreen’s.

[kelly4c]

My insurance company no longer allows me to fill at Walgreens, which I have used for the last 15 years. I really liked my pharmacist he was always nice and willing to take the time and answer questions fully with helpful advice thrown in. Nice Asian guy whom I will miss dealing with.

[stocksthatgoup]

Why not just raise taxes? /s