Nabisco layoffs : “About 80 percent of our business comes outside the U.S., where tax rates are generally lower,” says Mondelez spokesman Michael Mitchell. Nabisco layoffs more than campaign trail sound bites.

The Chicago Sun-Times reports on layoffs at Nabisco:

“About 80 percent of our business comes outside the U.S., where tax rates are generally lower,” says Mondelez spokesman Michael Mitchell.

Taxes have consequences.