The Problem isn’t Inversions it’s the Tax Code

Democratic 2016 frontrunner Hillary Clinton slammed tax inversions Monday after it was announced pharmaceutical giants Pfizer and Allergan are merging, saying she will unveil proposals to prevent companies from using corporate loopholes to avoid higher tax rates. “I urge Congress to act immediately to make sure the biggest corporations pay their fair share, and regulators also should look hard at stronger actions they can take to stop companies from shifting earnings overseas,” the former Read more […]