Tell Walgreens To Stay In The US and Pay Taxes

 
I am sure you have all seen the news. Walgreens is poised to "move" their corporate address overseas. The reason: Tax savings. To simplify it - this large Corporation wants to increase their bottom line at the expense of the Nation that CREATES their bottom line in the first place.
 
Walgreens started in 1901 with a single store, now they have 8,678 stores scattered across the country in every one of the fifty states. In 2013, their sales were a reported 72.28 BILLION dollars.
 
Now they want to "move" to save paying taxes to the nation from which they made their fortune.
 
Why do I care?
Why am I taking it so personally?
 
Well, I can remember as a kid when my mom would take me to a Walgreens - back when they had a soda fountain and served food. It was a real treat for us to go there and get a sandwich and maybe a chocolate milkshake.
 
 
Fast forward to last year when I battled throat cancer - all of my medication was purchased at one of two Walgreens. I went there because their staff was friendly and caring. Between my insurance company and my out of pocket expenses, I spent hundreds if not thousands of dollars at Walgreens.
 
That's is why I am taking it personally.
 
On a larger scale, consider this: Walgreens takes in MILLIONS of dollars in revenue from Medicare and Medicaid directly. I would wager they take millions, if not billions, more from people who are collecting social security. Medicare and Medicaid are TAX funded programs. They are paid for by ALL of us - no matter what your political stripe is.
 
How can they take and take from a system they do not want to contribute to?
 
This boils down to piracy - Walgreens wants to milk every penny out of a nation that they do not want to help sustain. This is bullshit - they want to sack and loot the country.
 
With all the flag waving that goes on  - I am here to tell you that such moves are UN-Patriotic and are anti-American. You cannot reap billions in sales from a country and refuse to put anything back in. This is NOT sustainable.
 
 
Please sign my petition to ask Walgreen CEO Gregory Wasson to keep Walgreens based in the very country
that provides BILLIONS in revenue.
 
 
Also - Call Walgreens 1-800-925-4733, option 4 
and express yourself.
 
You can fill out a contact form at:
 
Kick it old school via snail mail:
Walgreens
200 Wilmot Road
Deerfield, IL 60015
 
 
 

Comments

Unknown said…
El Dookey Have a look at this link:

http://blogs.wsj.com/pharmalot/2014/08/06/pharmalot-pharmalittle-were-reading-about-walgreen-novartis-and-much-more/

They don't plan to make the move to the UK. They are just buying the part of Boots they don't already own.

And BTW - Are you doing any riding any more? We need to do an RTE. Its been a long time since the Michigan Rounders have done that.

Tom W
Big Red Dawg said…
Thanks for the link Tom - I believe they WERE planning to make the inversion as the link states: "Walgreens will buy the remaining 55% of Alliance Boots it does not already own, and the drugstore chain confirmed plans to keep headquarters in the U.S. and not pursue a tax inversion overseas, The Wall Street Journal writes. Actually, the original deal did not qualify as an inversion, but in a nod to mounting political pressure, Walgreen decided not to shift U.S. headquarters overseas after examining 'a wide range of issues.'"

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