Avoiding Taxes, Seeking Profit

The crazy thing about this big drug company merger (Pfizer-Allergen of Ireland) is that the owners are telling us, straight up, that the reason for it is to avoid American taxes. They used to be ashamed to admit that, because it was so unpopular, but now we're used to tax avoidance,, and no longer seem to care who engages in it, so this time they came right out with tax evasion as a reason for merging. Attitudes change. Once upon a time, conservatives were not ashamed to be racists; now, they are. Attitudes change, but big corporations don't; they still lie. The real reason for the Pfizer merger with the Irish corporation, like all mergers, is to further enrich the rich, at the expense of the poor, and the workers. They intend to do this by forming a monopoly on the drug industry, to get rid of all competition, and charge whatever prices they want, using the cheapest labor possible, thus increasing profit. Corporations don't pay much income tax in America anyway, whatever the tax rate. They use loopholes to avoid paying taxes. Avoidance of American taxes is partly the reason for the merger, but not the only reason. Another crazy thing about this merger is that the smaller company, Allergen, Is buying the much larger company, Pfizer. that tells you that there's something rotten in the state of Denmark. Speaking of Denmark, in Denmark everyone, including corporations, pays seventy percent income tax, and yet, Denmark is the richest country in the world. Go figure.