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Hillary Slams "Unfair" Tax Inversions After Sanders Calls Pfizer/Allergan Deal "Disaster For Americans"
Just an hour after Bernie Sanders exclaimed that the Pfizer/Allergan merger would be a disaster for Americans who already pay the highest prices in the world for prescription drugs, Hillary Clinton has come out swinging in her most populist manner lambasting Republicans for "enabling tax inversions" and vowing to "crackdown" on companies moving abroad to "avoid paying their fair share."
First this...
This merger would be a disaster for Americans who already pay the highest prices in the world for prescription drugs https://t.co/tghyU6KrHO
— Bernie Sanders (@SenSanders) November 23, 2015
And then this... The Clinton Press Statement
Today, Hillary Clinton is expressing her deep concerns with the announced merger of Pfizer and Allergan, which would produce the world’s largest pharmaceutical company by allowing Pfizer to shift its corporate residence overseas to unfairly ease its tax burden. Throughout this campaign, Clinton has said that our economy works best when businesses invest in America for the long term, driving growth, innovation, jobs, and better pay. She firmly believes businesses should get ahead by building a stronger economy here at home, rather than using tax loopholes to shift earnings overseas, or to move abroad to escape paying their fair share.
That is why Clinton is releasing the following statement on the Pfizer-Allergan merger:
“For too long, powerful corporations have exploited loopholes that allow them to hide earnings abroad to lower their taxes. Now Pfizer is trying to reduce its tax bill even further. This proposed merger, and so-called ‘inversions’ by other companies, will leave U.S. taxpayers holding the bag. As President, I will fight to reform our tax system to reward growth, innovation, and job creation here in the United States. We cannot delay in cracking down on inversions that erode our tax base.“In the weeks ahead, I will propose specific steps to prevent these kind of transactions, which take advantage of loopholes that litter our tax code, distort incentives for investment, and disadvantage small businesses and domestic firms that cannot game the international tax system. I urge Congress to act immediately to make sure the biggest corporations pay their fair share, and regulators also should look hard at stronger actions they can take to stop companies from shifting earnings overseas. Republicans should stop trying to tilt the tax code even further in favor of the super wealthy and the largest corporations and join us in supporting these necessary reforms on behalf of U.S. taxpayers. We should come together to encourage investment and job creation here in the United States, not this kind of damaging gamesmanship.”
Seems like the Pharma industry has some more lobbying dollars to spend.
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Pfizer and Allergan are just following Shkreli’s lead.
Here comes a $5,000 Viagra pill! ;-)
Looney
No worries, I'll let my horny bitches buy them for me!
Fuck both of them. They are going to follow suit with the remaining Democrats in Congress to forward an attempt to offer hundreds of millions of dollar in bailout funds to troubled insurers. So, fuck them.
Starting to look like the Weimar Republic out there....
You guys remember what comes after this act, right?
i dont see anyone pointing the finger at apple the largest tax cheat in history. it should be placed in erwin schiffs old cell.
Buffet is even worse. Here's a hippicrite that repeatedly maneuvers to avoid paying BILLIONS in taxes (via acquisitions and stopping dividends) from companies he acquires and yet he clamors for high tax rates.
http://www.barrons.com/articles/warren-buffetts-nifty-tax-loophole-14287...
We've got the highest corporate income taxes in the world and that fucktard Sanders is suprised to see corporations leave?
...and he wants to raise them even higher. Progressive dipshittery knows no bounds.
An investigative report looked at the top 65 corporations and concluded that they either paid NO Federal income tax or paid between 8 - 10%. How come dipshite conservatives like you, with fancy computers, are unable to do the simplest of searches for real facts?
Um, excuse me Hillary but I had assumed we had a Democratic administration?
Just pass the TPP already and this illusion of individual sovereignty and the sovereignty of nations can finally be put to rest. Then atleast we'll be spared these empty, sanctimonious and hollow promises from the bought and paid for political whores.
How long did it take team Hitlery to chime in after Bernie piped up? Two minutes? How creative and original. Must've slipped her concussioned mind. Preoccupied with getting WWIII off the ground?
Big corporations don't pay taxes.
Tapdancing on the decks of the titanic.
https://thinkpatriot.wordpress.com/2015/10/27/ignoring-the-absolutely-in...
We can now make our ownn Viagra pill at home as I have found the formula...
Vitamin E 3%
Aspirin 2%
Ibuprofen 2%
Vitamin C 1%
Spray Starch 5%
Fix-A-Flat 87%
When there's one final global Rx monopoly, you can enjoy Band Aids at $35 a piece.
Sooner or later most cows come to dislike the thought of hamburger and leave the farm.
no they are drugged and dumbed down to where they don't know how or care. Legalize more drugs, more perscription pain killers, and of course public education with no voucher out! Keep them fat, dumb and drugged in the loyal democrat strong holds....and for the other half...just say the other guy is for abortion...that should do it!
"I aiiiiiin't working on Maggie's farm no more!"
Why not, we inverted the Presidency to Kenya in 2008 and look how well that has worked out.
Shouldn't government be more interested in creating an environment that allows businesses to maximize profits while staying here domestically rather than being concerned with how much they can plunder from us?
How many tens of millions did the Clinton Foundation not disclose to the IRS? Why did Hillarnazi's Colombian private equit fund just shut down its web site? Stalin is reserving this bitch's seat in hell.
Fuck you Bernie, fuck you Hildabeat....
For the two down voters who believe Bernis is different.
Bernie hates Putin and sticks with the party line and wants entitlements from the cradle to the grave. No different than any other politician and he is from Vermont. https://www.youtube.com/watch?v=EO4Ko-v-q0g (start at 2 min if you want) No I do not like Billy-O.
Bernie is the crazy old coot who lives down the street in your neighborhood.
All the neighborhood kids are afraid to ring his doorbell on Halloween.
Standard Disclaimer: In my case, he lived directly across the street from me. Wonder how Bernie would look with an eyepatch...
Hitlery has already pledged to: 1) increase gubmint spending; and 2) increase taxes on the middle class.
This other corp tax stuff is merely puffing.
“For too long, powerful corporations have exploited loopholes that allow them to hide earnings abroad to lower their taxes..."
Yes, of course. She must be referring to the Clinton Foundation.
Gee lost some revenue? Do what we have to do in private sector, cut expenses you worthless fucktards
Not sure how much cache this old tax propaganda carries these days. The people delivering this dusty old textbook rhetoric don't even know why are they doing it, they just go through the motions. Here's what the idea is broken down to the target groups.
Big evil companies are getting away with not paying taxes, which means that you have to pony up more on April 15th. (For the working slave class)
If you vote me in, I will tax the companies more and give you the proceeds. (For the non-working, or not-paid-enough to live class)
Both of these groups don't care anymore. The working people know their taxes are always going to get worse. Non working people know that the safety net is gone, and all these promises never come to pass.
The problem for Democrats is that people elect them to help the poor and stay out of wars (according to their own modern foundational myths). The Democrats have proven for decades now that they will do neither of these things. The Republicans have the same problem on the other side of this coin.
What do they expect? The people are sick of getting the shaft. Where is the non-war, non-tax, pro-people party?
They're labelled as "un-electable" by the media and then that judgement is parroted by viewers to non-viewers.
You said that already. :)
They're labelled as "un-electable" by the media and then that judgement is parroted by viewers to non-viewers.
The silent majority who have been silent and silenced. GAME IS OVER; TOO MUCH COMPLACENCY FOR TOO LONG.
Just write me in on the ballot. By the time I'm down issuing orders to the Army Corps of Engineers, K Street will be one of the best parks in the country.
Standard Disclaimer: Eminent Domain, bitches... How do you like me now?
If it's NOT narcissism, a politician isn't remotely interested...
Gee Bernie, you're sitting in Congress so why not do something about it?
like lower corp taxes, repatriate off-shore tax trillions, Eisenhower road, highway and bridge projects and stop multi-trillion wars. Oh, u did vote against the last one.
Where is Obama's phone and pen? He blocks her calls. Dog & Pig show!!
What a pile of shit this woman is. What do you think is going to happen when you regulate and tax the economy into the ground? Business packs up and leaves. Now what do you do? More regulations and taxes, of course.
Yep, that'll fix it.
Record high drug prices? There is no way that over regulation, FDA restrictions on who can make drugs, Patents that prohibit competition, and any other fucking government regulation has anything to do with this....Fucking retards holy shit.
Time to yank any subsidies to Rx...why have the taxpayer pay for the research and then hand over the patent to private Rx?
"vowing to "crackdown" on companies moving abroad to "avoid paying their fair share."" - so says the flip-flop who ACTIVELY supported NAFTA through blocking opposition voices (the Clinton MO).
The Real Hillary on NAFTA https://www.youtube.com/watch?v=Vw4GDxrTxg4
Bonus: Flip-Flop Sanders & Hitlery: "Then vs. Now" https://www.youtube.com/watch?v=Rpm4rjejFgQ
Bonus: Hillary Clinton: A Lying Compilation https://www.youtube.com/watch?v=PbnKGopT0Uc
Why not: "Hillary Scandals" (well documented) https://www.youtube.com/watch?v=BYKAzJcU-DA
Bottom line: evil is evil is evil - I refuse to vote evil.
More on Hitlary Evil meme:
https://www.youtube.com/watch?v=FvEBmEo4IA0
See about 1 hour 8 minutes in for Bill. At one hour 09 minutes in for Hillary.
Watch whole video to understand mind control techniques and subsequent mental compartmentalization - video is long but worth it. Not many people have been deprogrammed before, so the information is rare.
These techniques go back to beginning of Cabala, and further to Zohar. Building/Creating psychopaths by breaking down mental barriers is a technique used before one can progress to higher levels of pyramidal secret societies, such as Jacobian style illuminist lodges.
It’s no surprise that money masters use these techniques as a weapon for control, as they have been at it a long long time.
Normal, moral and well adjusted people have trouble comprehending this level of depravity.
The only "swinging" Hillary should be doing, is at the end of a rope...
I can’t wait for Universal Healthcare so worthless welfare mooching animals who stand on the corner all day wearing the latest sports team fashion apparel can have access to the same doctors as me.
Irish government pretty sharp, provide a corporate friendly envorinment, brings business, jobs and then revenue.
Lots of belt tightening, and srimping while that lag factor kicks in.
If you wish to keep spending you lose good revenue, until only the turds are left (USA)
Fuck Bernie, Shillary, Bongo and Jackoff.
OpenBazaar will be a game changer.
TPP = just let me put the 'head in'!
Pfizer can't argue taking the 'blue`pill'?
foreplay of the globe's poor ass getting ream'd by 'don't ask, don't tell,... MultiNationals congress!?!
Why don't Sanders and Clinton both use their 'influence' to draft legislation now. Both have the ability to push this particular issue to the center of their platforms and create pressure to act . Maybe Marco could actually show up and do something meaningful. Could'nt hurt his campaign.
You'd think they'd jump at the chance to take credit for any number of proposals which could be crafted during this campaign season to help the fuckees acquire some semblance of fairness.
Or maybe all of the red and blue morons will do us all a favor and just jump, or better yet just go away. No additional effort on my behalf would be required.
They won't attack the interests that are funding their campaigns.
Dem or Rep, before they announce to run for office they are already totally comprised.
Both of these assholes have had a lifetime as "public servants" in which they could have addressed tax inversions.
And yet, they hadn't. But NOW. Now that they're running for president. Well, now it matters.
A little lip service, some public anger, and an election later, and they'll take a few donations to forget it ever happened.
Fuck off and die hillary.
The Liberal-tarian is just as Utopian as the Progressive.
The damage those libertarians did to the United States cannot be overstated. But again, WHO is American, what is American nation? Ask GOP politburo what it is--they have no clue.
What she's really whining about is these companies are not paying their "fair share" to the Clintoni Crime Syndicate. As soon as they get current in their "obligations", her outrage will turn to some other schlep.
Yep - well said.
Not one of these Keynesian idiot Democrat socialists makes the correlation between high tax rates and losing companies to Ireland. Jackasses!
There is a higher correlation to laws like NAFTA that set the stage for whole US industries to dismantle and move overseas.
Put unpaid taxes under the personal bankruptcy laws in order to stop the federal government from jailing people.
I dislike Trump, but maybe he sits in the seat and devotes significant time demonizing and embarrassing them enough that they'll actually be forced to get something meaningful accomplished or face a job loss
Because secretly everyone is wishing for Trump to go through the alphabet agencies with cameras in tow, just so he can broadcast it live when he says "You're fired"...
Standard Disclaimer: Might not be up to the popcorn-mirth of a death by guillotine, but it will have to do.
The Fed, corporations and their lackey bitches in DC doing their best to turn America's clock back to 1900.
So silly... big Pharma is spefically exempt from anti trust laws and it is illegal to reimport drugs (by law). Expensive drugs is a congress created problem. Our drug pricing would drop by 80% or more just by reversing these laws... then congress woudl actually have to enforce the anti turst laws. But, the market would lower prices on its own if it could re import drugs.
For exaple the Hepititis drug that sales for about $60-70k in US can be had in india for $7k
Neiter Hil or Sanders proposed legislation that would correct they problem, they just talk to keep the sheep full of hope and pocket the special interest $$$.
Who needs foreign enemies when we have our criminals that run the asylum.
Can anyone tell me is it true that there is no requirement to pay the income tax in US laws? Recently, I've stumbled upon large discussion in the Web and YouTube but couldn't dig out a definite answer on this question.
In Russia, we have the Tax Codex, which clearly says who, when and how many must pay. So the discussion itself looks very strange.
Legally thats correct.Didn't help Irwin Schiff much though.
State income taxes,and corporate taxes(Fed ans state) are legal.
Curious how much money Hillary made off the stock transaction. She has to have some money in drug stocks.
How is this different from out sourcing or importing goods rather than nufactur in the US? Essentially US entities import prodcts form ov seas to esgulation or excessie eocts. Dont blame the comoanies. Look in the mirror. Perhaps a sales tax would eliminate this issue replacing the corporate income tax
would these be the loopholes the democrats put there for them? How many sides of the mouth does Hillary have?
Fuck Hildebeast and Col. Sanders and his free fried chicken for everyone. You call it exploiting a loophole or gaming the system, I call it smart business. As much as I hate the sytem, its still good business. I would do it if I could in a New York minute. If you dont like the fucking rules, then change the fucking rules and dont whine when business finds work arounds. If the taxes weren't so onerous in this country they wouldnt be doing it.
They want a fair share. I say...starve the beast!
hypocrisy at its finest...i would like clarification from that two faced cunt rag on "fair share" and who it exactly applies to
Sanders is an idiot. His solution to American firms leaving the country is to increase their taxes.
Hillary Clinton, up to her neck in crony-capitalist schemes that we serfs have to pay for, dare to complain about companies going abroad which she has supported to rake in the big bucks.
Hillary Clinton, an accomplished rat f**k.
which stock is owned by her "foundation" hedge fund in Columbia?
Clinton Pharma
Seven years into an Obama Administration and the Republicans are being blamed for NOT repealing a tax inversion law created during BILL Clinton's administration?
As Timken opens a new plant in Romania...