Video: Sen. Elizabeth Warren calls for end to corporate tax inversions

“Sen. Elizabeth Warren (D-Mass.) called for an end to a tax loophole that lets corporations that renounce U.S. citizenship to dodge taxes. “’These companies are renouncing their American citizenship, turning their backs on this country, simply to boost their profits,’” she said.

Corporations are citizens? The Corporate US Supreme Court has ruled that Exxon, Monsanto and Walmart Corporations and all the other US corporations are persons with all of the individual rights granted to “persons” under the US Constitution, but I did not know they were citizens, and I did not know Goldman Sachs Incorporated could renounce that screwed up concept of US citizenship in order to avoid taxes, but that’s how corrupt the US government has become since and because of the Reagan tax cuts. Corrupt to the core on behalf of the 1 percent.

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The Constitution Does not give Corporations any rights. Here’s why

Publicly traded limited liability corporations are creations of state charters, which are creations of the law. They are chartered as “artificial persons.” So a corporation is neither born or naturalized as citizens of the United States in any traditional sense of the word. The 14th Amendment of the Constitution reads as follows:

“All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the state wherein they reside. No state shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any state deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.”

Consequently, the very idea that corporations as artificial persons have constitutional rights is a lie since they are neither born nor naturalized; they are created exactly as any piece of legislation has been.

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