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Valeant has a tax break advantage over US companies because of the Bermuda/Canada "special tax break" 10% over 25% for US companies.

This is a clear example of the Obama administration policies causing a loss of US jobs due to foreign corporate raiders taking advantage of US financial policy not protecting US interests.
 



Anonymous said:
Valeant has a tax break advantage over US companies because of the Bermuda/Canada "special tax break" 10% over 25% for US companies.

This is a clear example of the Obama administration policies causing a loss of US jobs due to foreign corporate raiders taking advantage of US financial policy not protecting US interests.
Click to expand...

Is this an Obama policy? Sounds pro big business (right) to me.
 



This is not a Obama policy. This is Reaganism and Bushism at its best. Capitalism working at its max capacity. If this was Obama policy then trust me Valeant will never dare to even think about buying another company and laying off. The conservative model thrives on acquisition and Lay-offs and creating bridge between rich and poor.
 



Anonymous said:
This is not a Obama policy. This is Reaganism and Bushism at its best. Capitalism working at its max capacity. If this was Obama policy then trust me Valeant will never dare to even think about buying another company and laying off. The conservative model thrives on acquisition and Lay-offs and creating bridge between rich and poor.
Click to expand...

You're close. There's no bridge, but rather a giant empty canyon.
 



Anonymous said:
This is not a Obama policy. This is Reaganism and Bushism at its best. Capitalism working at its max capacity. If this was Obama policy then trust me Valeant will never dare to even think about buying another company and laying off. The conservative model thrives on acquisition and Lay-offs and creating bridge between rich and poor.
Click to expand...

So why is Obama letting this happen? He had a Democratic congress for two years and now has a Democratic Senate. Both the Republican and Democratic parties are full of do nothing losers.

Time for a third Party in the US.
 



Anonymous said:
This is not a Obama policy. This is Reaganism and Bushism at its best. Capitalism working at its max capacity. If this was Obama policy then trust me Valeant will never dare to even think about buying another company and laying off. The conservative model thrives on acquisition and Lay-offs and creating bridge between rich and poor.
Click to expand...

Perfect example of Liberals still blaming others. This is not attributable to Reagan or Bush.
 









Anonymous said:
This is not a Obama policy. This is Reaganism and Bushism at its121 best. Capitalism working at its max capacity. If this was Obama policy then trust me Valeant will never dare to even think about buying another company and laying off. The conservative model thrives on acquisition and Lay-offs and creating bridge between rich and poor.
Click to expand...

What a pile of horse hockey! You liberals suffer from a mental disorder.
 



The tax rate in America would need to be near zero and wages would have to go close to zero to "level" the playing field. Unfortunately we got fat and happy on our role as kings of the world and didn't plan to pivot our economy or protect it from poaching. To those who actually know, Valeant is an American company with a Canadian parent. If you don't know what that means then you're not involved in taxes so best to stay clear of that conversation. Congress could fix this situation for taxes in about 10 days if they had the guts but some want to try to get jobs back here (as if taxes are driving them away and not the ability to pay your employee nothing with no gov protective oversight in how you make your goods) and some want to punish the companies who took their jobs offshore. It can't work both ways.
 



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