Inversion Mergers

[OL FU]

So you have Walgreens, which gets a quarter of it's revenue directly from Medicare/Medicaid thinking about doing this.

If they do, all my prescriptions will be pulled from Walgreens. And I will support legislation that bans Medicare/Medicaid payments to non-US owned/HQ'd companies.


You make your profit off my taxes. Pay your US taxes.

I will ask the same question again and really would like to know what I am missing. Why do we want to give a foreign corp a competitive advantage with income taxes? Because otherwise, US corporations would have no reason to do this.

[Ivytalk]

So you have Walgreens, which gets a quarter of it's revenue directly from Medicare/Medicaid thinking about doing this.

If they do, all my prescriptions will be pulled from Walgreens. And I will support legislation that bans Medicare/Medicaid payments to non-US owned/HQ'd companies.


You make your profit off my taxes. Pay your US taxes.

Better be careful, jon: Walgreens is a big supporter of gay marriage. Pull your prescriptions, and you'd be cutting off your shvance to spite your face.

[kalm]

So you have Walgreens, which gets a quarter of it's revenue directly from Medicare/Medicaid thinking about doing this.

If they do, all my prescriptions will be pulled from Walgreens. And I will support legislation that bans Medicare/Medicaid payments to non-US owned/HQ'd companies.


You make your profit off my taxes. Pay your US taxes.

Fuck them fuzzy little foreigners...

[Baldy]

So you have Walgreens, which gets a quarter of it's revenue directly from Medicare/Medicaid thinking about doing this.

If they do, all my prescriptions will be pulled from Walgreens. And I will support legislation that bans Medicare/Medicaid payments to non-US owned/HQ'd companies.


You make your profit off my taxes. Pay your US taxes.

Great idea, jon.

And when Walgreens lowers it's prices to reflect the savings, you can spend more with their competitor.

[Grizalltheway]

So you have Walgreens, which gets a quarter of it's revenue directly from Medicare/Medicaid thinking about doing this.

If they do, all my prescriptions will be pulled from Walgreens. And I will support legislation that bans Medicare/Medicaid payments to non-US owned/HQ'd companies.


You make your profit off my taxes. Pay your US taxes.

Great idea, jon.

And when Walgreens lowers it's prices to reflect the savings, you can spend more with their competitor.

Yeah, just look at how much Apple has lowered its prices to reflect the billions they've saved through tax avoidance!

[houndawg]

Great idea, jon.

And when Walgreens lowers it's prices to reflect the savings, you can spend more with their competitor.

Yeah, just look at how much Apple has lowered its prices to reflect the billions they've saved through tax avoidance!

ooooh... smackdown with authority..

[Baldy]

Great idea, jon.

And when Walgreens lowers it's prices to reflect the savings, you can spend more with their competitor.

Yeah, just look at how much Apple has lowered its prices to reflect the billions they've saved through tax avoidance!

http://online.wsj.com/articles/apple-cu ... 1406639688
http://blogs.wsj.com/personal-technolog ... des-chips/
http://www.macworld.com/article/2369143 ... model.html
http://www.engadget.com/2014/06/26/appl ... ch-prices/
http://appleinsider.com/articles/14/06/ ... -sees-cuts

[Baldy]

Yeah, just look at how much Apple has lowered its prices to reflect the billions they've saved through tax avoidance!

ooooh... smackdown with authority..

Thanks, but all credit goes to you and WATG. You two make it so easy.

[Grizalltheway]

Yeah, just look at how much Apple has lowered its prices to reflect the billions they've saved through tax avoidance!

http://online.wsj.com/articles/apple-cu ... 1406639688
http://blogs.wsj.com/personal-technolog ... des-chips/
http://www.macworld.com/article/2369143 ... model.html
http://www.engadget.com/2014/06/26/appl ... ch-prices/
http://appleinsider.com/articles/14/06/ ... -sees-cuts

Nice try. Apple has been dodging US taxes with their holding company in Ireland since shortly after its founding. No one is going to buy a stand-alone iPod anymore unless they can get it on the cheap (by Apple standards).

[Baldy]

http://online.wsj.com/articles/apple-cu ... 1406639688
http://blogs.wsj.com/personal-technolog ... des-chips/
http://www.macworld.com/article/2369143 ... model.html
http://www.engadget.com/2014/06/26/appl ... ch-prices/
http://appleinsider.com/articles/14/06/ ... -sees-cuts

Uhhhh yeah, BUT.....

FIFY

[OL FU]

So you have Walgreens, which gets a quarter of it's revenue directly from Medicare/Medicaid thinking about doing this.

If they do, all my prescriptions will be pulled from Walgreens. And I will support legislation that bans Medicare/Medicaid payments to non-US owned/HQ'd companies.


You make your profit off my taxes. Pay your US taxes.

I will ask the same question again and really would like to know what I am missing. Why do we want to give a foreign corp a competitive advantage with income taxes? Because otherwise, US corporations would have no reason to do this.

Just for the hell of it, I will ask the above question again. Mainly because I would like to know if there is actually an answer to it instead of simply calling the corporations unpatriotic.

[kalm]

I will ask the same question again and really would like to know what I am missing. Why do we want to give a foreign corp a competitive advantage with income taxes? Because otherwise, US corporations would have no reason to do this.

Just for the hell of it, I will ask the above question again. Mainly because I would like to know if there is actually an answer to it instead of simply calling the corporations unpatriotic.

How is that what John is saying?

[OL FU]

Just for the hell of it, I will ask the above question again. Mainly because I would like to know if there is actually an answer to it instead of simply calling the corporations unpatriotic.

How is that what John is saying?

I made the comment before Jon made his and then tried to bring it back with Jon's comment. I don't care if Jon doesn't want to shop at Walgreens. I do care as to why US corps are doing this. The only thing I can come up with is that they think it increases their competitive advantage to be a foreign company. So instead of continuing whatever policy incentivizes them to do this we should change the law so that foreign companies don't have that advantage. But as I said, if I am wrong I am all ears. Sincerely.

[OL FU]

I admit I take a rather simplistic view of things I admit that I draw conclusions based on the simplest approach to an issue. So tell me where I have this wrong.

If US companies are becoming foreign companies in order to lower their US taxes, the conclusion seems to be that multi-national foreign companies who do business in the US must have a competitive advantage with respect to the US tax code. It seems to me that the easiest approach would be to eliminate that competitive advantage.

OK, where am I wrong?

First time I brought it up

[kalm]

I admit I take a rather simplistic view of things I admit that I draw conclusions based on the simplest approach to an issue. So tell me where I have this wrong.

If US companies are becoming foreign companies in order to lower their US taxes, the conclusion seems to be that multi-national foreign companies who do business in the US must have a competitive advantage with respect to the US tax code. It seems to me that the easiest approach would be to eliminate that competitive advantage.

OK, where am I wrong?

First time I brought it up

Agree completely. But I'm guessing there's very little interest from
either party to do this.

[OL FU]

First time I brought it up

Agree completely. But I'm guessing there's very little interest from
either party to do this.

You are probably correct, but I would hope, incorrectly, instead of shouting how un-patriotic these companies are some not so stupid politician somewhere might say, "Hey, here is how we fix this" instead of demagoguing the issue. Too much to hope for

[Grizalltheway]

Uhhhh yeah, BUT.....

FIFY

Brilliant. Just brilliant, Badly.

[houndawg]

FIFY

Brilliant. Just brilliant, Badly.

Getting lazy in his dotage.... dude used to be fun.

[Baldy]

FIFY

Brilliant. Just brilliant, Badly.

It wasn't hard. The interweb is full of articles talking about Apple lowering the prices of their products.

Maybe next time, champ.

[Baldy]

Brilliant. Just brilliant, Badly.

Getting lazy in his dotage.... dude used to be fun.

Not lazy, just bored.

It's not much fun anymore when, JSO (of all people) starts using you as a punching bag.
I want my old houndy back.

[Cap'n Cat]

Getting lazy in his dotage.... dude used to be fun.

Not lazy, just bored.

It's not much fun anymore when, JSO (of all people) starts using you as a punching bag.
I want my old houndy back.

Yer just itchin' for a slappin', aintcha, Brother Bald One?

[Grizalltheway]

Brilliant. Just brilliant, Badly.

It wasn't hard. The interweb is full of articles talking about Apple lowering the prices of their products.

Maybe next time, champ.

Yeah, maybe next time you can provide some evidence that Apple all of a sudden decided to pass those tax savings onto their customers, despite not doing it for decades.

[kalm]

You don't see Republicans vote against corporate tax cuts very often...

http://thehill.com/blogs/floor-action/s ... utsourcing" onclick="window.open(this.href);return false;