24 August 2014 (14:15 UTC-07 Tango)/27 Shawwal 1435/02 Shahrivar 1393/29 Ren-Shen 4712
For the 2nd quarter 2014 just under 600 people renounced their U.S. citizenship. Add that to the nearly 1-thousand people in the 1st quarter, then compare that to all of 2013 and we’re more than half way to beating that record.
By the way, despite all that rhetoric from the Obama regime, many ‘U.S.’ corporations continue to move offshore, giving up their U.S. registration (citizenship for corporations, remember the courts consider corporations people too). However, one company called Walgreens (a legal drugs pusher, aka The Walgreen Company) has refused to renounce its U.S. citizenship despite demands from its stockholders to do so.
According to former U.S. Secretary of Labor, Robert Reich, the biggest investor in Walgreens is the Jewish Goldman-Sachs. And apparently they’re pissed!
Walgreens’ decision to remain ‘American’ resulted in the price of their stock dropping almost $20 per share the day after the announcement! This is proof that ‘Wall Street’ investors like Goldman-Sachs don’t give a crap about not only the working class, but they don’t give a crap about the state of affairs of the country you live in. And this is more reason why the main stream news media must stop tying the performance of the stock markets to the performance of the economy.
You see, shareholders (investors) love it when U.S. companies renounce their citizenship (such a move is officially called a tax inversion), because it means much less taxes those companies will pay which in turn means more profits that can be divided up amongst the investors.
On paper the United States is considered to have the highest corporate tax rate in the World, at an official 39.1% (of course once you factor in all those deductions and write offs the ‘effective’ tax rate is much lower, even the U.S. Government Accountability Office discovered that in a review of 2010 tax filings many big U.S. corporations actually paid ZERO taxes!), Japan comes in second.
We can’t blame it all on Jewish elites: Realize that the majority of Foreign Direct Investments into U.S. corporations come from the British empire (Commonwealth of Nations), then maybe you can see why I consider such demands to offshore U.S. corporations an act of War! (By the way, American Walgreens is attempting to take over the British drugs pusher known as Boots, so don’t be surprised if Walgreens suddenly goes British)
And we must also blame our own government’s stupid rules that allow former U.S. corporations to continue making money the old fashioned way; by ripping off the taxpayer! Robert Reich gave a hypothetical example of how former U.S. companies can still make money off your taxes under the new Obama Care: “So if Walgreen as a Swiss company continues to fill Medicaid and Medicare payments as well as, say, CVS, it’s likely that Walgreen will continue to earn almost a quarter of its $72 billion annual revenues directly from the U.S. government.”