Walgreens took in $72 billion last year, a good portion of it filling prescriptions for people on Tricare. Medicare, Medicaid and health insurance programs for government workers. The company wants to keep collecting that revenue from taxpayers, but it does not want to share the burden of supporting the state and federal governments that generate much of its business and profits.
What Walgreens’ directors and executives want is a subtle form of corporate welfare. They want to keep filling prescriptions paid for by government without supporting that government. If Walgreens and its ilk succeed with their tax trick, they will shift part of the burden of government off the company and its investors and onto not only its competitors but you, too.