The British offered Revolutionary War General Benedict Arnold £20,000 for betraying West Point to the Crown.
Benedict Arnold
But Arnold was a piker compared to companies that are raking in literally billions of untaxed dollars by betraying the United States in its time of economic trial.
To avoid paying their legitimate share of taxes, they move their headquarters overseas to countries with reduced tax rates. In tax parlance, this is called an “inversion.”
For almost 20 years, tax-avoiding corporations fled to Caribbean countries such as Bermuda and the Cayman Islands. But in 2004, Congress ruled that American companies could relocate overseas if foreign shareholders owned 20% of their stock.
According to statistics compiled by the Congressional Research Service (CRS) in 2014:
![]()
“Forty-seven U.S. corporations have reincorporated overseas through corporate inversions in the last 10 years, far more than during the previous 20 years combined.
“In total, 75 U.S. corporations have inverted since 1994 – with one other inversion occurring in 1983. What’s more, there are a dozen prospective inversion deals involving U.S. corporations looking to reincorporate overseas, according to CRS
“The new data underscores the significant increase in the number of U.S. corporations that have or are seeking to lower their U.S. taxes by reincorporating overseas.
“It also adds urgency to a legislative solution. Ways and Means Committee Ranking Member Sander Levin in May introduced legislation that would tighten rules to limit inversions.
“The Joint Committee on Taxation estimates that the legislation would save $19.5 billion over 10 years. Companion legislation was introduced in the Senate by Sen. Carl Levin.
“‘Barely a week seems to pass without news that another corporation plans to move its address overseas simply to avoid paying its fair share of U.S. taxes,’” said Ranking Member Levin.
“These corporate inversions are costing the U.S. billions of dollars and undermining vital domestic interests.
“‘We can and should address this problem immediately through legislation to tighten rules to limit the ability of corporations to simply change their address and ship U.S. tax dollars overseas.’”
According to a September 23, 2023 report by Boston Consulting Group, more than 90% of North American companies had relocated production and sourcing over the past five years.
Among those companies that have chosen to betray their country in its time of economic need:
- Tupperware
- Burger King
- Medtronic
- Purina
- Coors
- McDermott
- Ingersoll Rand
- Perrico
- Carnival Cruise Lines
- Seagate Technology
- Good Humor
- Frigidaire
- Lucky Strike
- Budweiser
- Firestone
- Ben & Jerry’s
- 7-Eleven
- Smithfield Foods
- IBM’s PC Business
- AMC Theaters
- General Electric appliances
- Trader Joe’s
- Holiday Inn
- Hoover
- Sunglass Hut
The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds.
So says a 2015 study released by two non-profit groups: Citizens for Tax Justice and the U.S. Public Interest Research Group Education Fund.
“At least 358 companies, nearly 72 percent of the Fortune 500, operate subsidiaries in tax haven jurisdictions as of the end of 2014,” the study said. “All told these 358 companies maintain at least 7,622 tax haven subsidiaries.”
Niccolo Machiavelli, the father of modern political science, foresaw this danger more than 500 years ago. He deeply mistrusted the nobility of his own time, because they stood above the law with estates, subjects and even armies of their own.
For Machiavelli one of the likeliest sources of corruption lay in their ability to buy influence through patronage, nepotism and favors.
The 2024 Presidential election provides the most blatant example of this: Elon Musk, the world’s richest man and the owner of SpaceX and X (formerly Twitter) donated $288 million to Donald Trump’s re-election campaign for President.
This allowed Musk to buy himself a high-ranking position within the new administration: The director of DOGE (Department of Government Efficiency)—a fictional agency whose power derived solely from Trump and charged with firing tens of thousands of federal employees.
To protect against such corruption, Machiavelli favored “good laws”—including, if necessary, the severest penalties—to coerce citizens to prefer the common good to private greed. Thus, civic duties would be maintained and private bids for power would be punished.
But Machiavelli also counseled the use of the carrot as well as the stick: Citizens should receive greater rewards for performing public services than private ones.
The American historian, Christopher Lasch, warned about this trend in his 1995 book, The Revolt of the Elites. Until recently, the economic and cultural elites of Western nations willingly shouldered civic responsibilities.
But that has changed.
According to Lasch: “The markets on which the fortunes of the new elites rely are tied to enterprises that operate across international boundaries….They have more in common with their counterparts in Brussels or Hong Kong than with the masses of people in their own country who are not yet plugged into the network of global communications.”
CEOs and their high-ranking lieutenants in such corporations send their children to private schools. They have their own private healthcare systems and even protection by armies of private security officers.
As far as they are concerned: “Why should we pay for public services that we don’t even use?”
The results of this greed and indifference can be seen across the nation.

2016 PRESIDENTIAL ELECTION, 2024 PRESIDENTIAL ELECTION, ABC NEWS, ALTERNET, AMERICABLOG, AP, BABY BOOMER RESISTANCE, BARACK OBAMA, BBC, BENEDICT ARNOLD, BLOOMBERG, BLOOMBERG NEWS, BLUESKY, BOSTON CONSULTING GROUP, BUZZFEED, CBS NEWS, CHRISTOPHER LASCH, CITIZENS FOR TAX JUSTICE, CNN, CORPORATE TAXES, CORRUPTION, CROOKS AND LIARS, DAILY KOS, DAILY KOZ, DEPARTMENT OF GOVERNMENT EFFICIENCY (DOGE), DONALD TRUMP, EDUARDO SAVEREN, ELON MUSK, FIVETHIRTYEIGHT, FORBES MAGAZINE, GROVER NORQUIST, HARPER’S MAGAZINE, HUFFINGTON POST, MEDIA MATTERS, MOTHER JONES, MOVEON, MSNBC, NBC NEWS, NEW REPUBLIC, NEWSDAY, NEWSWEEK, NICCOLO MACHIAVELLI, NPR, PBS NEWSHOUR, POLITICO, POLITICUSUSA, PUBLIC CAMPAIGN, RAW STORY, REPUBLICAN PARTY, REUTERS, RICHARD M. NIXON, RUSH LIMBAUGH, SALON, SEATTLE TIMES, SENATOR CHARLES SCHUMER, SLATE, STEPHEN DECATUR, TALKING POINTS MEMO, TAX AVOIDANCE, THE ATLANTIC, THE CHICAGO SUN-TIMES, THE CHICAGO TRIBUNE, THE DAILY BEAST, THE DAILY BLOG, THE DISCOURSES, THE GUARDIAN, THE HILL, THE HUFFINGTON POST, THE INTERCEPT, THE LOS ANGELES TIMES, THE NATION, THE NEW REPUBLIC, THE NEW YORK TIMES, THE NEW YORKER, THE REVOLT OF THE ELITES (BOOK), THE VILLAGE VOICE, THE WALL STREET JOURNAL, THE WASHINGTON POST, THINKPROGRESS, TIME, TREASON, TRUTHDIG, TRUTHOUT, TWO POLITICAL JUNKIES, U.S. NEWS & WORLD REPORT, U.S. PUBLIC INTEREST RESEARCH GROUP EDUCATION FUND, UPI, USA TODAY, WALL STREET, WEALTH GAP, WONKETTE, X
RIGHT-WING AMERICA: MY WALLET–FIRST AND ALWAYS: PART FOUR (END)
In Bureaucracy, History, Law, Politics, Social commentary on May 29, 2025 at 12:05 amNiccolo Machiavelli, the father of modern politics, warns in his masterwork, The Discourses:
All those who have written upon civil institutions demonstrate…that whoever desires to found a state and give it laws, must start with assuming that all men are bad and ever ready to display their vicious nature, whenever they may find occasion for it.
If their evil disposition remains concealed for a time, it must be attributed to some unknown reason; and we must assume that it lacked occasion to show itself. But time, which has been said to be the father of all truth, does not fail to bring it to light.
Where the crimes of corporate employers are concerned, Americans need not wait for their evil disposition to reveal itself. It has been fully revealed for decades.
Niccolo Machiavelli
Increased media attention to “income inequality” has led some Democratic lawmakers to press for a long-overdue reform: Raising the stock threshold to 50%, making it harder for firms to abandon their country.
Yet a more comprehensive reform package would include legislation that mandates:
Public Campaign is a non-profit, non-partisan organization dedicated to eliminating special interest money in American politics by securing publicly-funded elections at local, state and federal levels.
According to Public Campaign: “Twenty-five profitable Fortune 500 companies, some with a history of tax dodging, spent more on lobbying than they paid in federal taxes between 2008 and 2012….
“Over the past five years, these 25 corporations generated nearly $170 billion in combined profits and received $8.7 billion in tax rebates while paying their lobbyists over half a billion ($543 million), an average of nearly $300,000 a day.
“Based on newly released data by Citizens for Tax Justice, these 25 companies actually received tax refunds over all those five years.
“So most individual American families and small businesses have bigger tax bills than these corporate giants. Unfortunately, most American families and businesses do not have the lobbying operation and access these 25 companies enjoy.”
Several companies on this list are well-known—and spend millions of dollars on self-glorifying ads every year to convince consumers how wonderful they are. Among these:
Republicans—and some Democrats—have tirelessly defended the greed of the richest and most privileged in America. For example, they have dubbed the estate tax—-which affects only a tiny, rich minority—“the death tax.”
This makes it appear to affect everyone. So millions of poor and middle-class Americans who will never have to pay a cent in estate taxes vigorously oppose it.
It’s time to recognize that a country can be betrayed for other than political reasons. It can be sold out for economic ones, too.
Trea$on
* * * * *
The United States desperately needs a new definition of treason—one that takes into account the following:
For thousands of years, otherwise highly intelligent men and women believed that kings ruled by divine right. That kings held absolute power, levied extortionate taxes and sent countless millions of men off to war—all because God wanted it that way.
That lunacy was dealt a deadly blow in 1776 when American Revolutionaries threw off the despotic rule of King George III of England.
But today, millions of Americans remain imprisoned by an equally outrageous and dangerous theory: The Theory of the Divine Right of Employers.
America can no longer afford such a dangerous fallacy as the Theory of the Divine Right of Employers.
The solution lies in remembering that the powerful never voluntarily surrender their privileges. Americans did not win their freedom from Great Britain—and its enslaving doctrine of the “divine right of kings”—by begging for their rights.
Americans will not win their freedom from their corporate masters—and the equally enslaving doctrine of “the divine right of employers”—by begging for the right to work and support themselves and their families.
And they will most certainly never win such freedom by supporting Right-wing political candidates whose first and only allegiance is to the corporate interests who bankroll their campaigns.
Corporations can—and do—spend millions of dollars on TV ads, selling lies—such as if the wealthy are forced to pay their fair share of taxes, jobs will inevitably disappear.
But Americans can choose to reject those lies—and demand that employers behave like patriots instead of predators.
Share this: