Sanders: Companies Relocating Abroad ‘Have Absolutely No Loyalty’ to U.S.

‘If they can make an extra buck moving their headquarters ... that is what they will do’

SANDERS: “I think where the American people are really, really angry is you know, we have families that are sending kids off to war, these kids get killed. They come home wounded. And then you have profit corporations and we're seeing now corporate profits at an all-time high. Many of these corporations have absolutely no loyalty to the people of the United States or to our government. If they can make an extra buck by moving to the United Kingdom, their headquarters to the United Kingdom paying less in taxes that is what they will do. Now, the danger, as you've indicated, is once one company starts doing it or many companies do it, other companies from a competitive perspective feel they have to do it, as well. When you see that kind of exodus or mass bolting out of the country for lower taxes, it is going to mean a sharp reduction in federal revenue, which means that the middle class pays more. We simply don't have the money to provide education or health care or infrastructure to the American people.”

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