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Richard Stallman's Political Notes

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Merger would let Pfizer duck taxes

jeudi 8 mai 2014 à 14:00

Merger Would Let Pfizer Duck A Billion Dollars In U.S. Taxes Each Year.

The merger should be blocked, as all mergers of large companies should be blocked, for the sake of competition and to reduce lobbying power. The right fix for this reduction in taxes is to eliminate the tax deduction that this merger would take advantage of.

If companies were taxed at a progressive rate, it would give them an incentive not to merge.