Absolutely incredible news coming out of Peoria last Thursday:
Federal agents swooped in on Caterpillar’s Illinois corporate headquarters and several other buildings owned by the company on Thursday, in connection with an investigation into the tax practices of the heavy-machinery producer.
The Feds don't do something like this to a MAJOR employer....... a Fortune 500 company....... an American institution...... unless there is something majorly, MAJORLY wrong
Here's a great summary of the issues at hand, from the Christian Science Monitor:
One interesting comment from that article:
"The raid was a continuation of pre-Trump work by investigators, but that the (Trump) administration’s reaction would be an important question."
Out for now........
Matt
p.s. I've written about CAT here on MattChat several times in the past. A few of those: