[Principled]

More instances of tax policy driving capital and jobs away from the US.

A corporate tax reduction or elimination would help with our needs for capital.

Zero is sniffing the nrst trail for just this reason.

Enjoy.

Merry Christmas.

[Principled]

Donner, Dasher, Blitzen, pinger

[SoFloFreeper]

Who the hell can blame them?!

Are personal tax rates low there too? Maybe we ought to consider...

B.H.O. wants to punish the productive industries and subsidize the failures.

Typical liberalism.

[ripley]

looks like they’re taking maxine waters threats seriously.
see youtube where ms. waters stutteringly spoke about “socializing, er, taking over” their oil companies. (oil executives being grilled by democrat schmucks at a hearing in Washington.)

not a single one of her fellow democrats did anything to interupt her statement of future democrat intentions.

they’re blatantly in the open now.

IMHO

[o_zarkman44]

will the last American company to leave, please turn out the lights?
Party over.

[mountainlion]

Barky, Tammy Bruce's term, has decided to export jobs to other countries and also export money and investments. Ted Kennedy does not pay taxes on his millions because he has registered out of country.

[Man50D]

a change experts said is chiefly for tax purposes.

Another business lost to the 17% competitive advantage, on average, foreign competitors have over U.S. firms thanks the increasingly oppressive income tax code. It's time to scrap this monstrosity and replace it with a national sales/consumption tax via The Fair Tax(HR25/S1025).Fair Tax ping!

[CapnJack]

Here is the money line ...

“There’s no future in the U.S. for the oil and gas industry and that means there’s no realistic near-term energy future for America.”

what an appropriate statement. I hope this is reported loud and clear in the media (which of course it will not be).

I regretfully hope that other large multi-nationals do the same and deny the new Marxist regime tax revenue that they thought they would confiscate.

It is sweet justice to this new regime and the idiots that voted for it.

[PubliusMM]

“The moves are aimed at protecting the companies from anticipated changes in U.S. tax policies...”

So...what right-minded, thinking individual DIDN’T see this coming?

It’s the start of what will likely become a deluge of corporate entities relocating to more favorable tax climates. And folks will have to thank the 60+ million idiots who voted for the One...the Obamessiah...the Loon from the Loop...the commie from Chicago.

Strap in, folks, there is some turbulence in the area...

[onedoug]

This was once America.

[mad_as_he$$]

I am aware of literally hundreds of people and businesses that have moved assets out of the US in the last five years. There must be literally thousands that have done it if I am aware of so many.

[Disambiguator]

Switzerland = Galt’s Gulch