Breaking News Bar
posted: 8/10/2014 5:01 AM

Durbin's legislation needs support

hello
Success - Article sent! close
 

Last week, Walgreen officially announced it will not move its corporate headquarters overseas. Citizen Action/Illinois applauds this decision. We have been a vocal opponent of the proposal to move Walgreen overseas as part of a tax-dodging process known as corporate inversion. It is heartening that in these days of overt corporate greed, we see an American-grown company take heed to what the people care about, which is investments in our own communities.

Customers of Walgreens throughout America and especially here in Illinois, where Walgreen was founded and is based, can take heart in the fact that Walgreen is a company that cares about its customers, as well as its shareholders and employees.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

While we are happy that Walgreen did the right thing, we know that other companies will most likely continue to exploit the process and look for ways to dodge their responsibilities as good corporate citizens. That's why we support Sen. Dick Durbin's effort to pass the Stop Corporate Inversions Act. We hope Sen. Mark Kirk will join him in the effort to make it bipartisan. We also support President Obama in any effort his administration might make to close loopholes through executive authority.

Lynda DeLaforgue

Co-director

Citizen Action/Illinois

Chicago

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here