In fact the situation is much worse than anyone could have ever imagined as one could only hope that DHS doesn’t have the intention in standing off with the American people.
While profiteering by large corporations is likely a motive, we also have to question the reality that lies right in front of our face.
That’s the honest instruction for business success provided by 60 of the largest U.S. corporations that, according to a Wall Street Journal analysis, “parked a total of $166 billion offshore last year” shielding more than 40 percent of their profits from U.S. taxes. They all do it, including Microsoft, GE and pharmaceutical giant Abbott Laboratories. Many, like GE, are so good at it that they have avoided taxes altogether in some recent years.