Thursday, July 31, 2014

Corporate inversion

Jon Stewart takes on the latest corporate scam to get out of paying its fair share of taxes to help pay for all the infrastructure it uses here in America. Inversion is where a US corp buys a business overseas and then transfers the corp headquarters, thus avoiding paying any taxes here. Yet they still have stores here and make their money selling products to Americans, as well as getting free infrastructure. The video makes clear that they were already getting huge tax breaks, paying way lower than the supposed highest corp tax rate according to regressives. They feel they shouldn't pay any taxes, that only the rest of us peons should do that. Regressives are sure corps are people, so let's hear them on how these 'people' are traitors to America.

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