Robert Reich: The New Way Big Corporations Like Walgreen Are Shamelessly Dodging Their Taxes [View all]

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http://www.alternet.org/economy/robert-reich-new-way-big-corporations-walgreen-are-shamelessly-dodging-their-taxes




Dozens of big U.S. corporations are considering leaving the United States in order to reduce their tax bills.

But they’ll be leaving the country only on paper. They’ll still do as much business in the U.S. as they were doing before.

The only difference is they’ll no longer be “American,” and won’t have to pay U.S. taxes on the profits they make.

Okay. But if they’re no longer American citizens, they should no longer be able to spend a penny influencing American politics.