Boycott….Costco…


….*Costco. The mega-retailer’s co-founder, Jim Sinegal, is a lifelong Democrat and top Obama fundraiser. He crusaded aggressively for Obamacare and sent out a campaign dispatch defending his candidate from criticism over his “you didn’t build that remarks.” But while Sinegal purported to speak for beleaguered small business owners, his company was availing itself of rarified tax avoidance strategies. Like the Washington Post, the Costco Board of Directors voted to pay special $7 per share year-end dividends to avoid higher taxes. In addition, Costco will borrow $3.5 billion to finance the payout, according to the Wall Street Journal. Higher taxes, more debt. They built that.

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