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Find UFOs, The Apocalypse, New World Order, Political Analysis,
Alternative Health, Armageddon, Conspiracies, Prophecies,
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Rumor Mill News Reading Room, Current Archive
Moving Home To Be Closer With Mom and Dad
Posted By: Lion Date: Thursday, 9-Apr-2015 23:47:26
www.rumormill.news/14694
In Response To: Walgreens to renounce U.S. citizenship (RumorMail)
------------------
"Remember: All roads Still lead to Rome via Switzerland."
http://wp.me/p5GMtX-8E
-------------------
From Last year.
: Decatur, IL. Walgreens CEO, Gregory D. Wasson, announced that
: it plans to move its corporate headquarters to Switzerland
: as part of a merger with Alliance Boots, a European
: drugstore chain. The move will allow Walgreens profits to
: be taxed a lower rate in Switzerland and reduce Walgreens
: taxes in Illinois.
: Walgreens plans the move, even though the taxpayers of
: Illinois gave it a $6 million tax credit over a period of
: 10 years, provided $625,000 in training money and $875,000
: in additional tax incentives.
: Walgreens tax strategy is called “an inversion.” A U.S.
: company buys or merges with a foreign company in a low tax
: jurisdiction, moves its headquarters there, but continues
: to generate business and profits in the U.S.
: According to the New York Times, Neill Geiser, assistant
: director of Change to Win Initiatives said, “It is
: unconscionable that Walgreens is considering this tax dodge
: – especially in light of the millions of dollars it
: receives from the U.S. taxpayers each year.”
: Walgreens received $16.7 billion from Medicare and Medicaid
: last year. Walgreens’ move will cost U.S. taxpayers about
: $4 billion over a period of 5 years. (Andrew Sorkin,
: “Renouncing Corporate Citizenship” N.Y Times, July 1, 2014
: p. B8)
: What can a citizen do ? Since Walgreens plans a move, so
: should you – move your prescription business to the
: privately owned small pharmacies in our town. Send a
: message that Walgreens CEO will really get.
: http://redecatur.com/walgreens-to-renounce-u-s-citizenship/
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RMN is an RA production.
Articles In This Thread
- Walgreens to close 200 stores
RumorMail -- Thursday, 9-Apr-2015 14:26:43
- Walgreens to renounce U.S. citizenship
RumorMail -- Thursday, 9-Apr-2015 14:29:19
- Moving Home To Be Closer With Mom and Dad
Lion -- Thursday, 9-Apr-2015 23:47:26
- Reader C: "This is how corporations ARE like (some) people."
Lion -- Saturday, 11-Apr-2015 10:50:25
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