Tax Loopholes and "Corporate Patriotism"

US companies complain about higher taxes at home than abroad, and a growing number are fleeing to other countries to save their investors money. They may be housed in Pittsburgh, Cleveland or Boston, but they want to pay taxes in Ireland or the Netherlands. President Obama calls that “unpatriotic,” and he’s threatening executive action — which may be what caused Walgreen to change its plans. It might be good politics for Democrats in an election year, but Republicans say it’s another way of avoiding comprehensive tax reform.

Also, Russian surprises its neighbor Ukraine with an aid convoy, and the ride-sharing rivalry between Lyft and Uber heats up.

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