Congress Vows To Keep Erectile Dysfunction In America | Zero Hedge
Pfizer wants to cut its tax bill by merging with a British company and moving to Britain. The quote from Senator Wyden says it all:
"The FT quotes Oregon Senator Ron Wyden as saying 'I don't approach retroactivity in legislation lightly, but corporations must understand that they won't profit from abandoning the US...'
"Ummm, actually that's the whole point, Senator. The tax situation is so onerous that people do profit when they leave the US. That's WHY people leave the US. Duh."
"The FT quotes Oregon Senator Ron Wyden as saying 'I don't approach retroactivity in legislation lightly, but corporations must understand that they won't profit from abandoning the US...'
"Ummm, actually that's the whole point, Senator. The tax situation is so onerous that people do profit when they leave the US. That's WHY people leave the US. Duh."
Con-gress is in bed with elite companies and nothing in the mainstream media is exactly what it appears to be.
Yes, taxes are too high and that will not change until the empire and the dollar collapse.