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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsA Revolt Against Corporate Welfare Programs For Multinationals In France
http://www.businessinsider.com/a-revolt-against-corporate-welfare-programs-for-multinationals-in-france-2012-12Prise du palais des Tuileries" by Jacques Bertaux, 1793
Paradox is what the New York Times called Frances ability to attract 42.5 billion in foreign investment through October this year. Only China and the US were ahead for the first two quarters.
A paradox because it shouldnt happen. Investors should be scared off by restrictive labor laws, high income-tax rates, high cost of labor, and now the mud-wrestling bouts over nationalizing some industrial plants [Nationalizations Take Off In France].
But turns out, astute multinational corporations pay practically no income tax.
As if to underline the harsh reality in France, the article ran the same day that Texas Instruments announced its intention to shutter a research and development plant at Villeneuve-Loubet, near Nice, in southern France, as part of its corporate weight-loss program.
Read more: http://www.testosteronepit.com/home/2012/12/18/a-revolt-against-corporate-welfare-programs-for-multinationa.html#ixzz2FUqfM4do
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A Revolt Against Corporate Welfare Programs For Multinationals In France (Original Post)
xchrom
Dec 2012
OP
Grateful for Hope
(39,320 posts)1. Good for France.
marmar
(77,081 posts)2. C'est necessaire.
nt
commenter8
(27 posts)3. White House petition to end corporate welfare
White House petition to end corporate welfare here: http://wh.gov/Qa6f