Senator Mark Kirk, of my former home state, he’s totally down with tax inversions, that thing where a company buys another company located in a lower tax country and then “relocates” there to shirk US taxes. Corporations have to be allowed to do whatever their executives determine to be in the best interests of the corporation, you know, and the government shouldn’t be harassing them about it. Corporations are people, man, and they should be free.
Of course, when it comes to a corporation asserting its rights to do business wherever and with whomever it chooses, well, hang on a second:
The most powerful pro-Israel lobbying organization, AIPAC, is working on drafting legislation that would aim to counter the Boycott, Divestment, Sanctions (BDS) campaign against Israel, two sources familiar with the situation told BuzzFeed News.
The legislation, which has not yet been introduced and has been in the process of being drafted for months, would aim to prevent U.S. companies from participating in the campaign without infringing on Americans’ First Amendment rights to political speech. It would also try to make the Transatlantic Trade and Investment Partnership being negotiated between the U.S. and E.U. conditional on whether the E.U. takes action to stop BDS.
“The biggest provisions would be authorizing states and local governments to divest from companies deemed to be participating in BDS; denial of federal contracts to such companies; and threatening the conditioning of the US-EU free trade pact on the EU taking action to stop BDS activities within its jurisdictions,” said a Republican foreign policy adviser familiar with the legislation. The bill, the adviser said, originated with a top aide to Illinois Senator Mark Kirk and has now been “expanded” by AIPAC, which is working with House and Senate offices on the draft.
So just to be clear, if your company wants to dodge US taxes, Mark Kirk is right there with you. If your company wants to express its opposition to Israel’s illegal, destructive, and counterproductive occupation of Palestinian land, then Mark Kirk apparently wants to do everything in his power to stop you. On US Senator Mark Kirk’s list of priorities, AIPAC comes in several slots higher than the United States.