Category Archives: Deferred Taxes

Pfizer is highlighted as a firm that allegedly “dodges” tax by shifting profits overseas. How does it do this? Would not lowering the tax rate in the U.S. reduce the tendency toward this sort of practice? What other policy changes would you recommend? Given the human capital that is provided at these firms by employees and the financial capital that is provided by savers/investors/pension plans/etc., why is the statement made that corporations “aren’t human”?