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Obama has his head in the sand
over America´s corporate exodus

Telegraph [UK], by Jeremy Warner

Original Article

Posted By:Attercliffe, 7/25/2014 1:11:16 PM

When companies are heading for the door as fast as they decently can, you have to ask yourself why? President Obama´s approach is a rather different one; let´s just lock the door and stop them from leaving. On both sides of the US political divide, America´s apparent corporate exodus via so-called "inversion takeovers" is a source of growing concern. However, their response to the problem could hardly be more different. Broadly, Republicans want to deal with the issue by lowering corporate tax rates; but Democrats want to stop the outflow by changing the rules. As things stand, these allow companies

Comments:
Anything to spread the wealth to other countries.

Gah!

      


Post Reply  

Reply 1 - Posted by: wsdiego, 7/25/2014 1:13:11 PM     (No. 9939868)

Run from the blood suckers if you want to stay alive!!

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Reply 2 - Posted by: Cavallodifiero, 7/25/2014 1:17:02 PM     (No. 9939875)

Obama and the socialist band he has assembled have their heads up their sand. And frankly I think we do as well, for in spite of all of our grousing and collective awareness, we have not been able to have our representatives file for impeachment of this "fake" American.
Lets hope the the 2014 elections create the needed change that will set America back on the right path and get rid of our enemies, foreign and domestic.

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R-G1
  


 
Reply 3 - Posted by: MattMusson, 7/25/2014 1:18:02 PM     (No. 9939876)

Just pass an exit tax. Feel free to pay 20% of your corporate value to the US govt and you can leave.

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Reply 4 - Posted by: Grampstosix, 7/25/2014 1:32:55 PM     (No. 9939898)

Just read on Drudge that his approval rating dropped three points to 39.Thats a three point drop in three days. Probably the first time for such a big drop in so little time.Reflects a lot of anger.

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Reply 5 - Posted by: Safari Man, 7/25/2014 1:35:20 PM     (No. 9939902)

#3 that would go well in a communist country. Remember how the Soviet Union wouldn´t let people leave? You like?


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Reply 6 - Posted by: civilservant, 7/25/2014 1:55:37 PM     (No. 9939932)

#3, only if we can raise YOUR rate to %99 to make up the difference.
Still a good idea?

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Reply 7 - Posted by: jeffkinnh, 7/25/2014 2:02:56 PM     (No. 9939945)

The story of BO´s presidency - "I don’t care if it’s legal". The companies are trying to survive the insane US tax rates and BO´s flood of regulations. They are using legal means to do so. BO doesn´t like his power and money grab to be stymied so he is annoyed. Well, with Republicans in charge of the House, he will have to pound sand.

I love it when BO hits a wall like this. The law slaps his actions down sooner or later. What is funny is that he thinks it is "unfair" that he cannot abuse corporations as he likes. This fool has no idea of what America is about.

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R-VAR_AD
  


 
Reply 8 - Posted by: dipi, 7/25/2014 2:49:17 PM     (No. 9940024)

"Obama has his head in the sand over America´s corporate exodus"
More like where the sun don´t shine.

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Reply 9 - Posted by: OhMy, 7/25/2014 4:51:29 PM     (No. 9940150)

Who will Obama villainize after all the corporations are gone?

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Reply 10 - Posted by: ColonialAmerican1623, 7/25/2014 10:55:57 PM     (No. 9940526)

Sand ? Is that what you are calling his rear now ?

Why not encourage American business ?
With so many out of work, why not encourage entrepreneurs to start a business ?

"Bring it on home to the USA" should be the campaign promise of conservatives.

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