High Tech Tops $($HTT$),$ a C corporation basedin California, manufactures resilient cases and covers for lap$-$tops, smartphones, and tablets. Its sales and profits have morethan doubled in each of the last five years $($i$.$e$.,$ the companyis growth$-$oriented and recession$-$proof $).$ Its employees andcontractors make above$-$average wages, so they make impor$-$tant contributions to the local individual income, sales, andproperty tax collections.But the Federal and state corporate income tax isanother story. Using legal and effective transfer pricingtechniques, HTT shifts most of its operating profits tolow$-$tax subsidiaries in Ireland and Singapore. Most of thefirm$$s executives, engineers, and designers are based inthe United States, but almost all of the sales operationsare run from overseas. HTT$$s customers live around theworld, but its tax liabilities are concentrated in the low$-$taxjurisdictions.You are the president of State University, across townfrom HTT$$s headquarters. The company sends hundreds ofits employees to take graduate and professional courses onyour campus, and several of the corporate leaders are frequentguest speakers and adjunct lecturers in classes.Still, the state income tax the company avoids through itstransfer pricing plans would fund millions of dollars of campusgrowth and improvements for State University.Should you become involved in the politics of the matterand lobby at your statehouse for tighter rules on transfer pric$-$ing? Such an action might result in tax increases that wouldimprove your university$$s situation, but it also might force HTTto consider moving its headquarters to another location