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Walgreens decides to stay and play…for now.

August 8, 2014 Leave a comment

A few weeks ago I wrote about Walgreens’ potential move overseas for the express purpose of avoiding taxes.

Well, now it appears that they have abandoned this idea after fierce criticism from both Washington politicians and the public (their customers).  This is a good thing.  But.  Going forward, American Corporations will not use this as an object lesson in the same way you or I would use it to teach our children about good citizenship: if what you are about to do is a bad thing, don’t do it.  Instead, I can assure you, Corporate America will use this as a lesson in stealth and secrecy: don’t talk about it until it’s a done deal.

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