Archive

Archive for the ‘Jane’ Category

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.

Walgreens and the exporting of the American Dream

July 17, 2014 1 comment

Walgreen’s is contemplating moving its headquarters overseas to avoid paying federal taxes. Unfortunately, this has become more and more common. For an American corporation, born in the United States, to pack up and leave simply to avoid paying taxes is traitorous.

These corporations have been built on the backs of American workers. They enjoy the benefits afforded by the American system of government and monetary policy. The Coast Guard and Navy provide transportation channels free of piracy to ship their products to and from overseas. They take advantage of a domestic system of paved roads and bridges to ship their products to market. An energy grid built with government subsidies provides them with continuous, reliable power for their stores and warehouses. A national intelligence and law enforcement network keeps them and their businesses safe. An Internet built by the Defense Advanced Research Projects Agency (DARPA) using public money allows them to open their doors to the entire nation. They rely on a national weather service to warn them of potential disasters that could harm their assets and employees, and; should they need it, they take advantage of government subsidized flood and natural disaster insurance. They hire employees educated in public schools to perform the labor necessary to generate profits. Walgreen’s, in particular, profits from the massive government subsidies given to pharmaceutical companies for research, and billions in Medicare funding and healthcare plans for public employees and retirees. They’re protected by the largest, strongest military every built in the history of humanity to secure lines of communication and logistics and access to natural resources. The taxpayer underwrites almost all of the food products they sell – especially if they are sweetened with corn syrup. And most importantly, they enjoy the benefits of a stable currency provided by all of the above and more. Without all of these things, they would have nothing. Every morning, they would have to chase off thugs and thieves from their front doors just to open for business. But they don’t want to pay for any of that.

They want the privilege of profits without the responsibilities of citizenship.

%d bloggers like this: