DO NON-U.S. BASED, TAX DODGING, CORPORATIONS STILL HAVE THE SAME RIGHTS AS U.S. CITIZENS?

In 2010 the Supreme Court ruled in Citizens United v. Federal Elections Commission that no distinction can be drawn between the First Amendment rights of U.S. corporations and people. In the same ruling the SC also ruled that corporations can spend as they like in political campaigns because spending in campaigns does not corrupt our political process.

Put more simply, the SC said corporations are people too, and can voice their opinion with money (since money equals speech).

Here's the question of the day: With more and more U.S. corporations locating their headquarters in another country to escape paying taxes in the U.S. (like this one) should these non-U.S. companies continue enjoying the same rights and privileges as a U.S. citizen?

Think about it. Technically (legally?) they are no longer U.S.-based corporations, right?

Read the discussion here in, "Unpatriotic U.S. Corporations Increasingly Move Headquarters Overseas to Decrease Taxes."

- Mark

UPDATE: Barry Ritholtz has some common sense commentary and links on tax dodging corporations here.