With recent news about Burger King and medical device manufacturer Medtronic relocating their headquarters outside of the United States to avoid high corporate taxes, the subject of corporate inversions has been a big topic of discussion in the media. While President Obama and the Treasury Department condemn these moves and construct roadblocks to prevent inversions, they fail to see the reasons that drive these corporations overseas.
Tagged: corporate taxes
Just in time for Halloween, the nonpartisan Tax Foundation has released its annual “State Business Tax Climate Index,” finding some states treat businesses in a rather beastly manner, while others give their local employers the fiscal equivalent of a king-sized candy bar.
To paraphrase the knight who guarded the Holy Grail in “Indiana Jones and the Last Crusade,” Ireland has chosen poorly.
The Emerald Isle has decided to make itself decidedly less attractive to people the world over.
One of the underappreciated aspects of the current debate over corporate tax inversions is how it represents not just an opportunity for some progressive populism, but is just another aspect of the same view which motivates the left’s general disgust with Uber and other members of the sharing economy.
TweetThe following is the speech I delievered at the “Yes, We Did Build It Rally” on September 22, 2012 in Waukesha, Wisconsin: Watch the speech below. The transcript follows. Thank[…]
TweetThe Heartland Institute’s Peter Ferrara was a guest on CNBC on Friday afternoon. In light of the latest horrible jobs report, the “fiscal cliff” we face, and the impending Taxmageddon on[…]
TweetIf Illinois citizens needed any further evidence of the contempt this state’s leaders have for us, here it is in this Chicago Tribune headline and subheadline: CME, Sears tax break[…]
TweetFrom our friends at the Illinois Policy Institute today comes a telling, telling chart with a brief report documenting what they, we at The Heartland Institute and many others warned[…]