Wednesday, August 6, 2014

Inversions, Corporate type, jawboning against

Obama is jawboning American companies to stay in America and pay American taxes.  He calls this "patriotic".   His people have been bad mouthing companies for leaving the US. 
  Got news for you Mr. President.  The management of corporations is under legal and moral imperatives to maximize the return of the company to stakeholders (workers, customers, investors, suppliers).  This means they must relocate if it saves the company money.  To do otherwise is immoral, not to say illegal. 
  If you want American companies to stay in America, you must lower American taxes (all of them, not just a favorite few) and repeal obnoxious regulation. 
  We voters are watching what you do and say.

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