http://mnpoliticalroundtable.com/
The comment was directed to this Crabgrass post, and references this roundtable item.
Also of interest, another recent roundtable post, here.
It looks as if it is a site finding fault with Paulsen and Kline; and with that motivation, it can't be bad.
The bottom line with the Medtronic situation, the Tax Code needs to be reformed to tax US firm foreign earnings as and when earned; regardless of whether the earnings are parked offshore or repatriated to our nation. Tax them and they will cease their games.
Yes - possibly some pernicious trade agreement or two sits in the way of such tax reform; international law for billionaires being somewhat in vogue - favoring them, hurting Joe Citizen on Main Streat, USA. However, long term, do what is needed to reform things - to police them and make them pay tax so that Joe Citizen has less of a burden holding them on his back while billionaires and their corporate ventures party and skate [while such corporate interests also are directly or indirectly being Citizen United hemorrhoids to the body public].
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| Shake the hand, that shook the hand of P.T. Barnum, and Charlie Chan. |
___________UPDATE___________
More on the Medtronic situation, the taxation ploy at play, per the term "inversions."
Strib's editorial board published an opinion piece, online here. The editorial's headline tells most of the story, "Medtronic's new poster deal for U.S. tax reform." Strib's item notes both Klobuchar and Franken support a Senate bill draft from Sen. Carl Levin, "The Stop Corporate Inversions Act of 2014," explained here (with a link to actual bill text).
The answer does not seem to be to bemoan a merger and a token "headquarters" move to shave tax dollars from the US Treasury's income; rather it does seem to be tax reform that takes away the monetary incentive for such a bogus ploy. It is only being a headquarters shift for the tax saving, so gut that payoff and firms will totally be expected to stay home, quit playing games, and behave.