Senate Democrats just introduced the "No Federal Contracts for Corporate Deserters Act"

[Savannahmann]

18. I have a question no one has been able to answer about this.

It came to me when I read this story.

British drug firm Shire is recommending a takeover offer from US rival AbbVie after its most recent offer of £53.20 ($91.05) per share.

The board of the UK pharmaceutical company says it will be recommending the offer to shareholders.

The US company began bidding for Shire in May. The deal is an attractive one for AbbVie, as it could dramatically reduce its tax bill.

Now, I did some research, and found that the corporate tax rate in Britain is 21%. Now, the question no one has been able to answer.

How can Britain charge less money in taxes, see to the standards of their bridges roads and all of that, provide what some have said was an overly generous welfare benefits to those in need, support the Royal Family, oh and lets not forget provide Universal healthcare?

The only answer I've come up with, is that we are funding the Military Intelligence Industrial Complex with a much higher percentage of our federal funds. Everyone knows our Military is funded with more money than the next ten nations including Russia, China, and Britain combined.



So why are we spending so much on our "security" and unable to provide the services that Britain is to it's citizens. A decade ago, Britons were leaving the UK because of High Taxes, now companies are moving there to take advantage of low taxes. JK Rowling of Harry Potter fame said staying in Britain with the high taxes was a patriotic duty.

So how is it that the United Kingdom is able to afford all those social programs while apparently charging less money for taxes than we are while apparently by comparison charging more in taxes? What the hell is going on?

I'm worried about the companies leaving, granted. But I'm more worried about why the Citizens of the UK have so much better social programs than we do while paying less in taxes. So why are our priorities so fucked up here? Why are we supporting corporations like Lockheed Martin that makes planes that don't fly but still gets hundreds of billions of dollars every year?