Another Minnesota escape
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."
Don't forget, not too long ago another Minnesota corporation, made the same statement.
How long have you forgotten about Nash Finch — they disappeared.