Monday, March 12, 2007

Halliburton abandons U.S.

Halliburton, the oil conglomerate once run by Dick Cheney, is moving its headquarters from Houston to Dubai.
Inquiring minds would like to know if this has something to do with dodging taxes and/or subpoenas.
Fortunately, Congressman Henry Waxman is on top of things. As is Sen. Patrick Leahy and congressional hearings will soon follow.
If the law is such that a company like Halliburton can actually avoid taxes by moving its headquarters out of the U.S. and relocating to a foreign country, that is one outrage I hope this Democratic Congress will address. It is the corporate equivalent of burning the flag and spitting in our soldiers’ faces. Let’s see some legislation to address this and then let the Republicans filibuster it or Bush veto it. But put them on record defending this kind of corporate malfeasance.

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