Halliburton Bailing Out
 

ABC news just said Halliburton is moving their corporate headquarters to Dubai, United Arab Emirates........for the tax break.:eek:
Do you think they've decided they've worn out their welcome. There might be a backlash and congressional hearings on the billions they have sucked from the coffers (OUR coffers) with Cheney's blessing...no, assistance.
Or maybe they feel the US is tapped so it's greener pastures in UAE.
This stinks to high heaven.
Do you suppose they are owned by Bin Laden? That's about the only thing that could surprise me now.

It is becoming more common for large companies to move their headquarters to some tax haven O/S. It is happening down here too. Once a company becomes multinational, they do not feel the same attachment to their homeland that they used to. They always give tax breaks as one of the main reasons, and that is probably correct. When you consider that these large corporations are making billions of dollars in profits, the lower tax can amount to a large slice of money.

Gee. All the sudden that controversial move to let a Dubai firm run security at American ports starts making sense.

Whatever happened to the Cayman Is?

Smart. Very smart.

And I thought I was a cynic...

It's interesting how people just hate change.

Maybe Saudi Arabia are about to become your new allies! They'll be better use to you than us Aussies anyway. :)

It's getting harder and harder for big corporations to make ends meet in the USA these days. Why, on the fourteenth of the month there's hardley enough money left over from their corporate welfare check to give the CEO a decent bonus.

You people make me sick, all you think about is yourselves. Do you have any idea what it costs to run a fleet of private jets?

Well, yeah. That, and to make it much more difficult for prosecutors to get their hands on records and paper trails.

Let's see here...Halliburton makes their income off of our taxes...so they're leaving the US to save money on taxes. Makes perfect sense. After all, if Halliburton has to pay taxes on money that comes from taxes, isn't that like them paying themselves? And isn't that the same as a conflict of interest?

So, to summarize, Halliburton is leaving the US in order to avoid a conflict of interest.

Under that reasoning, if the US is still Halliburton's biggest client, does that mean that they'll be taking from the US taxpayers but giving nothing back?

Hmmmm...that's gotta suck!

That's precisely my point, they've been sucking billions out of the US treasury with Cheneys help. That puts them in a different category than just another multinational corporation.
It sucks big time.:mad:

@Kitsune. I think you're spot on. You know as slothy as they are, the GAO will get around to them eventually.

This is not just about the tax break, this is about escaping accountability.

Free Entreprise, right?
 

U.A.E. has no extradition treaty with the US.

I was just wondering about that.

Hey Bruce, I think I just found your pallets of missing dollars from Iraq...