What took Obama so long?

[Cal33]

Walgreens resorted to becoming a "Swiss Company" in order to escape US taxes, but
their large numbers of drugstores throughout the US are still making money here -- and
lots of it.

As it is, billionaires are already paying taxes at a far lower rate than their secretaries do,
but they are trying to rake in all the money without paying any taxes at all. This means
that the American middle-class will have to pay still more to make up the difference.

Finally, after nearly 6 years at the job, Obama is reacting:

http://www.truth-out.org/buzzflash/commentary/obama-finally-reads-the-riot-act-to-corporations-who-abandon-the-us-to-save-taxes

[fredamae]

1. It is, indeed

unfortunate he failed to "hear us" about "stuff" like this (and more) in early 2009 and I'm guessing everyday since.

[Cal33]

2. Sometimes I've wondered how far a Third-Way Democrat he was.

[Dawgs]

3. Apparently he's been saying this all along.

At least that's what some DUers were saying yesterday.

And, they also argued that talk is all he's capable of doing as President, so it's not his fault.

[Cal33]

4. Some people say that Obama might open up the Eastern Seaboard to Big Oil. Let's

see whether or not this will happen.

[Sunlei]

6. Russia said they will assist Cuba with new 'big oil' wells. Any 'spills'? well you know...

what way the hurricanes always flow.

The oil corps are already testing deeper waters of the eastern seaboard. It is not "lets see whether or not this will happen." It will happen if they get through the USA permit process. And if their testing finds enough oil to make wells worth the cost.

[Sunlei]

5. Walgreen's pays the same income rate as all. wonder why the media focus is on them lately?

Walgreen's does bring in a lot of local sales tax money to their communities.

They are not an online business.

They do hire local people and disabled people.

Walgreen's has also lost a lot of business to the new mega health care complexes. Where an insured person goes to see their Doctor. They have in clinic common surgery. And they also have an in clinic pharmacy so people get the prescription filled in the mega complex.

Just wondering why the media focus is on just one pharmacy, when all businesses can dodge income taxes. And they all do.

[Cal33]

9. Can't keep up with all that's going on in the business world, but one thing is dead certain: People

on straight salaries (mostly middle-class people, of course) can't dodge on income taxes.

[Sunlei]

11. a small town in texas took a meat company to court. papers showed they paid $5.00 in income tax

The town finally got rid of that Corp but the town almost went bankrupt with years of court fees.

Regular people better not get on the wrong side of the IRS. They'll take your home and control any bank accounts you have until they are paid.

[Proud Liberal Dem]

7. Better late than never, as they say

Plus, I'd say that he's been......um......pretty busy too.

[Cal33]

10. But for something as important as this, he surely could have made some time earlier than

now during the past 5-1/2 years.

[blkmusclmachine]

8. Another pretty, little ghost-written Obama speech, followed by ZERO ACTION.

[Cal33]

12. I see that you seem to be rather skeptical, and I can't blame you for it.

[JayhawkSD]

13. This too shall pass.

Obama jumped on the economic inequality bandwagon, too. How long did that last? A week or two. I think he featured it in three speeches.

His advisors read the papers, and if something is in the headlines for a few days they will have him make it his "cause du jour" at a couple of fund raisers. This latest one, the castigation of companies doing "inversions" was during a fundraising trip in California.

During remarks to a rowdy crowd at the Los Angeles Technical College, Obama promoted what he called "economic patriotism" and made clear he believed the companies that were engaging in such practices were not being patriotic. The president is in California on a three-day fund-raising swing for Democrats.

Something else will have caught his advisors' attention by next week.