13 July 2014

Robert Reich: The New Way Big Corporations Like Walgreen Are Shamelessly Dodging Their Taxes

By Robert Reich

July 7, 2014 | 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.

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