Halliburton's move (cont'd)

(Karen Tumulty posting on Time's Swampland blog...)

Is this about tax breaks? Getting beyond the reach of congressional subpoenas? And what about all that sensitive information that Halliburton has had access to? At a minimum, reincorporating in Dubai would mean that Halliburton will be paying less taxes to the U.S. Treasury, even as it collects billions from government contracts.

[...]

UPDATE: Henry Waxman is already planning to hold a hearing on this, an aide tells me.

like i said earlier...

there are implications here that i'm not sure i can make sense out of, but, my guess is, they're HUGE...

(thanks to think progress...)

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