Sections

Weather Forecast

Close
Advertisement

Another Minnesota escape

Email

Minnesota-based Medtronics announced a multi-million purchase of a competitor. Not real news, but they announced they're moving their corporate headquarters to Ireland. Why would they do that? In part by Obamacare tax on medical devices, and well, Minnesota has a terribly high corporate tax rate on top on the U.S. rate of 35 percent.

They will save millions in unnecessary taxes.

Their "spokesman" says "don't worry, Minnesota jobs will be protected."

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Advertisement
Advertisement