 marigoldsGainfully employed, finallyPremium,MVM
join:2002-05-13
Saint Louis, MO
kudos:1 | reply to pnh102
Re: Is anyone surpised? said by pnh102:HP moved jobs from the USA to Ireland because of lower corporate taxes there. This was done under Carly Fiorina's tenure. I am sure that isn't the only example that exists. HP is still based in the United States. That move would cause no change in corporate income taxes.
As well, I lived in Corvallis during that move and knew many of the U.S. workers who were moved temporarily to Ireland. While Ireland was chosen because of its tax structure, the move of facilities to Ireland was done for global security reasons; dispersing facilities so that any one disaster would not cripple the company.
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