"Since Elsevier's obscene additional profits would be drained from America to the company's base in the Netherlands"

I agree the proposed act is bad, but the author does not do himself any favors by quoting such bone headed nationalism. Surely anyone with a mild grasp of the way world works knows that the profits go to the _shareholder_, not to the headquarters.

Elsevier's shareholders are all over the map. Their headquarters are based in the Netherlands for tax reasons but it does not mean they don't pay tax in the US on profits made there.