Wednesday, August 6, 2014
More Tax Inversion News
Bloomberg News, Obama Let Delphi Avoid Taxes in Tactic President Assails, by Zachary R. Mider:
President Barack Obama says U.S. corporations that adopt foreign addresses to avoid taxes are unpatriotic. His own administration helped one $20 billion American company do just that.
As part of the bailout of the auto industry in 2009, Obama’s Treasury Department authorized spending $1.7 billion of government funds to get a bankrupt Michigan parts-maker back on its feet -- as a British company.
- Americans for Tax Fairness, Tax Fairness Coalition Sees Poll Results on Corporate Inversions as a Sign that the Issue Will Be Hot this Election Season
- Bloomberg, Lew Explores U.S. Inversion Limits He Dismissed in July
- Bloomberg, Treasury Said to Examine Inversion Restrictions Without Congress
- CNBC, Disney CEO Rebukes Tax Inversion Mania
- Forbes, All Together Now: U.S. Tax Code Is A Rotting Carcass
- The Hill, Let's Tell the Truth About Inversions
- Human Events, ‘Economic Patriotism’ and the End of Corporate Taxes
- Morning Consult, Poll: Tax Inversions
- New York Times, Inverting the Debate Over Corporate Inversions
- New York Times, Obama Weighing Options to Stop Corporate Tax Flight
- New York Times editorial, The Tax Dodge Goes On
- New York Times, Walgreens Is Said to Be Near Deal to Buy British Drugstore Chain, But Without an Inversion
- Roll Call, Durbin, Reed, Warren Seek Executive Action to Combat ‘Inversion’
- Tax Analysts Blog, Don't Count on Tax Reform to Stop Inversions
- Tax Analysts Blog, It's Not Clear How to Effectively Deal With Inversions
- Tax Foundation, More Perspective on Inversions: Not a Threat to the Tax Base but the Face of U.S. Uncompetiveness
- Wall Street Journal, How Tax Inversions Became the Hottest Trend in M&A
- Wall Street Journal, Inverted View of U.S. Corporate-Tax Bite
- Wall Street Journal, The ‘Inversion’ Tax Hit on Investors: Answers to Readers’ Questions
- Wall Street Journal, U.S. Treasury Exploring Ways to Deter Tax Inversions Without Congress
- Washington Post, U.S. Policymakers Gird for Rash of Corporate Expatriations
- Wall Street Journal Law Blog, How Tax Inversions Became the Hottest Trend in M&A
Being a good steward of tax money is patriotic. It's your turn, President Obama.
Posted by: Woody | Aug 6, 2014 7:50:03 AM
Every statement this obozo makes comes with an expiration date (or a weasily way out for his cronies).
Posted by: get2djnow | Aug 6, 2014 5:29:38 AM
And Chrysler owned by Fiat.
Posted by: Bill Bob | Aug 6, 2014 8:08:54 AM