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Walgreens urged to leave US to gain tax benefit
Financial Times ^ | 4/14/14 (I think) | Ed Hammond

Posted on 04/14/2014 7:26:05 AM PDT by Cringing Negativism Network

OK it's not Walmart, but it's a serious issue nevertheless.

America needs to keep, start, build and GROW global companies right here in America.

Stop this nonsense.

(Excerpt) Read more at ft.com ...


TOPICS: Miscellaneous
KEYWORDS: chainstores; corporatetaxrates; corporations; outsourcing; walgreens
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This is getting completely out of hand.

America we need American companies.

That means American employees. American.

1 posted on 04/14/2014 7:26:05 AM PDT by Cringing Negativism Network
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To: Cringing Negativism Network

if they move their retail outlets outside the US they might go bankrupt


2 posted on 04/14/2014 7:30:25 AM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: Cringing Negativism Network
What we need is gone. We missed our chance when millions of hard core conservatives neglected to realize that to shoot Romney down we lost much of America. Millions of Americans just lack the wisdom to understand the difference in not voting and taking a chance for a ultra conservative Constitutionalists Romney.

So here we are and there are those that will never learn that there is no perfect person for the job but the wise thing is to vote for the lesser of the two evils. Some of us tried to get some of these posters to understand but some are still so damn ignorant. Some of these companies in order to survive will continue to leave America.

3 posted on 04/14/2014 7:33:25 AM PDT by Logical me
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To: Cringing Negativism Network

Well their corp HQ is in Obamaland (suburban Chicago).
You can understand why they might consider it.


4 posted on 04/14/2014 7:35:12 AM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: Cringing Negativism Network
In the first FairTax book written by Neal Boortz and former Rep. John Linder (R-GA), they warned specifically that American companies are moving their corporate headquarters OUT of the USA for tax avoidance reasons. And you wonder why Google and Facebook are using the Double Irish with Dutch Sandwich accounting scheme to drastically lower their income tax burden.
5 posted on 04/14/2014 7:35:21 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: Cringing Negativism Network
Sears is dying: What the ubiquitous store’s death says about America

Like Woolworth, Kresge, Grants and JC Penney you can almost smell the doom.

“Sears is a family store for middle-class, home-owning America. We are not a fashion store. We are not a store for the whimsical, nor the affluent. We are not a discounter, nor an avant-garde department store…We reflect the world of Middle America, and all of its desires and concerns and problems and faults.”

6 posted on 04/14/2014 7:38:51 AM PDT by Daffynition (I stand with the Bundy Family!)
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To: GeronL

One of the only places where you can get affordable prescriptions. CVS and Walmart are higher priced.


7 posted on 04/14/2014 7:43:16 AM PDT by jsanders2001
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To: Daffynition

Eddie Lampert is definitely squeezing every penny.
We went to a Sears store a couple weeks ago to return some Lands End items.
The place looks like it is right out of the 1980s.
No remodeling since then for sure.
Very few staff also, starting to get the “zombie store” feel like the local K-mart their corporate cousin.


8 posted on 04/14/2014 7:44:08 AM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: jsanders2001

Have you tried Costco or Sams?


9 posted on 04/14/2014 7:45:34 AM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: Cringing Negativism Network

Capital goes where it is respected and well-treated.

People with money are treated like targets and prey in the USA. Smart money will thus leave.

It’s basically a rule of nature, and no amount of patriotism will stop it. The only thing patriotic would be to stop our confiscatory tax and regulatory schemes.


10 posted on 04/14/2014 7:46:19 AM PDT by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
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To: Cringing Negativism Network

they are laying the ground work for companies to move to Maine after the secession vote on June 12, 2018.


11 posted on 04/14/2014 7:46:49 AM PDT by The_Republic_Of_Maine (Be kept informed on Maine's secession, sign up at freemaine@hushmail.com)
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To: Daffynition

And Montgomery Ward.


12 posted on 04/14/2014 7:46:55 AM PDT by <1/1,000,000th%
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To: TheThirdRuffian

No.

Capital is not apolitical.

American capital is badly in need, of coming home.

Badly.


13 posted on 04/14/2014 7:48:12 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network
I urge every single company to flee the United States in abject horror.

We are fast becoming a Communist country.

RUN WHILE YOU CAN

14 posted on 04/14/2014 7:48:48 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Logical me

As if anyone’s vote mattered last election.

As if Romney would have governed much differently.

Keep believing those two whoppers.


15 posted on 04/14/2014 7:50:43 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: RayChuang88

Notice how these tax avoidance schemes are only available to the largest corporations, not the smaller companies that create the most net jobs.


16 posted on 04/14/2014 7:50:50 AM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: Lazamataz

In my opinion no less than half the reason America is trending left now, is that American jobs are fleeing.

We are doing this to ourselves.

American companies come home.


17 posted on 04/14/2014 7:50:53 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Lazamataz

This is an excellent commentary on how crony capitalism enriches the privileged class who act as “Democrat navigators” for big business:

http://www.nationalreview.com/article/375615/washingtons-rotten-core-matthew-continetti


18 posted on 04/14/2014 7:51:55 AM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: <1/1,000,000th%

Oh yes!

And somewhat more recently CircuitCity, CompUSA, Sharper Image Corp...I read somewhere Brookstone has filed.


19 posted on 04/14/2014 8:07:08 AM PDT by Daffynition (I stand with the Bundy Family!)
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To: Cringing Negativism Network

What “American” Companies?

Stock is held all throughout the globe.


20 posted on 04/14/2014 8:08:23 AM PDT by dfwgator
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