Wednesday, August 6, 2014

Dem Capos Demand Don Obama Enforce Loyalty Oaths




Senate Democrats want a crackdown on companies that have fled their extortionist policies.  Capos Durbin, Warren and Reed want Don Obama to remind these taxpaying soldiers of their obligation to the federal government.  They want undying loyalty to this thing called Cosa Nostra.  Here is an excerpt from their letter to the Godfather, as reported by the Hill:

“Corporations that renounce their U.S. corporate citizenship should not be able to reap all the benefits that American tax dollars provide,” they wrote. “We urge you to use your authority to stand up for American companies which are proud to be part of our nation and reduce U.S. incentives for others corporations which would abandon their responsibilities to their country for a nod of approval from Wall Street.”

The senators warned that 47 corporations have inverted operations in the last decade, with over a dozen more announcing plans to do the same. If the government does not act soon, the U.S. could lose billions of dollars in tax revenue from companies that enjoy perks provided here, they cautioned.

“Inverted corporations take advantage of all the things American tax dollars provide—from tax credits for research and development, investments in transportation infrastructure, and strong patent and copyright protections, to profiting from taxpayer-supported programs like Medicare and the Veterans Health Administration. Yet, these companies claim to be foreign corporations when it’s time to pay their tax bill,” they wrote.

The federal mafia needs those soldiers producing.  And they had better.  After all, they have all the benefits of this thing called a family.  By the way, once you’re in, you can’t leave.





Source:  http://thehill.com/policy/finance/214343-senate-dems-urge-obama-to-act-alone-on-inversions#ixzz39ee5Fscv 

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