re: #224 FemNaziBitch

That’s an excellent piece by Ornstein.

“The tax-avoidance scheme you have chosen is known as an ‘inversion.’ It involves buying a competitor, Covidien, for a premium price of $43 billion and then taking its legal headquarters in Dublin as your own. In reality, Covidien is no more Irish than Medtronic. The majority of the sales, employees, and profits (properly calculated) of both companies are still in the United States. The only reason Covidien has its legal address in Ireland is that its previous home, Bermuda, was so transparent a tax dodge that better cover was needed when the company was spun off from Tyco International in 2007.”