Beltway Confidential

Dick Durbin to Walgreens: You didn’t build that

By Timothy P. Carney
Published August 7, 2014 9:53pm ET
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Dick Durbin to Walgreens: You didn’t build that
Senate Majority Whip Richard Durbin, D-Ill., participates in a news conference at the U.S. Capitol July 10, 2014 in Washington. (Photo by Chip Somodevilla/Getty Images) | Chip Somodevilla

Walgreens purchased a European-based drugstore chain. The U.S. has really high corporate taxes. As this new joint company decides where to base itself, the U.S.’s high corporate tax rates may play a role. This has Illinois Sen. Dick Durbin very upset, Lynn Sweet reports.

Durbin’s argument is interesting:

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Dick Durbin Taxes Timothy P. Carney Walgreens