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The Tax-Dodging Marriage of Viagra and Botox


#1

The Tax-Dodging Marriage of Viagra and Botox

Scott Klinger

Throughout the fall, Pfizer, the maker of Viagra, has been courting Allergan, the manufacturer of Botox. Pfizer was not attracted by Allergan’s wrinkle-free face or full lips, but by its Irish “citizenship.”


#2

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#3

If it is contingent upon Congress to make a change in the laws ("Congress knows the prescription for change: change the rules to make inversion marriages unattractive and unprofitable.") and those laws are beneficial for their favorite lobbyists and donors, then only changes to come will be to sweeten the pots for such mergers and acquisitions. The fix was set in place with Reagan's election and the corporate power has grown exponentially ever since. As for Viagra and Botox...a match made in Haedes (anything to stem the tide of age, especially for those with deep pockets...life-threatening side effects be damned).


#4

How many Democrats don't think a rising stock market is a good thing?

I've seen Dems smugly point out to Republicans online how high the stock market is under Obama, without a single thought to whether that was due to this kind of tax evasion, to exploitation of workers in China or India, to increased military spending, or to any other kind of malfeasance. Any benefit to investors is seen as a great thing, especially since the investors have no accountability for the actions of the corporations in which they're invested.