Post by Logan on Jan 28, 2016 1:19:38 GMT -6
Adel, Iowa— Democratic presidential candidate Hillary Clinton tore into Glendale-based Johnson Controls at a campaign event here on Wednesday, condemning the company for trying to escape U.S. taxes through its merger with Tyco International.
"Here is as direct an example of what's wrong with the thinking and acting of an American corporation that we could get," Clinton said.
She told supporters at a bowling alley here that "I will do everything I can to prevent this from happening, because I don't want to see companies that thrive, use the tax code, the gimmicks, the shenanigans...to evade their responsibility to support our country."
Clinton said that during the economic and financial crisis of 2008, Johnson Controls was among the companies "that begged the administration and the Congress to help bail out the auto industry."
Read more: www.jsonline.com/news/statepolitics/hillary-clinton-slams-johnson-controls-tyco-deal-b99659492z1-366736541.html
"Here is as direct an example of what's wrong with the thinking and acting of an American corporation that we could get," Clinton said.
She told supporters at a bowling alley here that "I will do everything I can to prevent this from happening, because I don't want to see companies that thrive, use the tax code, the gimmicks, the shenanigans...to evade their responsibility to support our country."
Clinton said that during the economic and financial crisis of 2008, Johnson Controls was among the companies "that begged the administration and the Congress to help bail out the auto industry."
Read more: www.jsonline.com/news/statepolitics/hillary-clinton-slams-johnson-controls-tyco-deal-b99659492z1-366736541.html