Caterpillar (Image by (Not Known) commons.wikimedia.org) Details DMCA |
A major multinational company spotlighted at a White House “Made In America” event on Monday recently laid off thousands of U.S. workers and is under Trump administration investigation over alleged tax-dodging. It’s true that construction and farming equipment manufacturer Caterpillar stores its replacement parts in Peoria, IL, where the company is headquartered, but its parts business is owned by a Swiss subsidiary, and profits derived from that business are not subject to U.S. taxes |
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At www.thedailybeast.com
At www.thedailybeast.com
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