Thursday, August 14, 2014

Dick Durbin to Walgreens: You didn't build that

By Timothy P. Carney | August 7, 2014 Beltway Confidential,Opinion,Timothy P. Carney,Taxes,Dick Durbin,Walgreens

Walgreens purchased a European-based drugstore chain. The U.S. has really high corporate taxes. As this new joint company decides where to base itself, the U.S.'s high corporate tax rates may play a role. This has Illinois Sen. Dick Durbin very upset, Lynn Sweet reports.

Durbin's argument is interesting:.........Remember this, CEOs tempted to lobby government for subsidies and special favors: Politicians will use these favors as an argument for restricting your freedom.  This appeared here.

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