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Shaming Is No Substitute For Corporate Tax Reform

August 17, 2014
Joseph V. Kennedy , Post-Journal

The steady rise in U.S. corporations buying foreign companies and then moving their headquarters abroad is not personal, it's just business. It reflects the increasingly obvious fact that America's high corporate tax rates put our companies at a competitive disadvantage against foreign companies, especially when competing for global markets. Yet a number of commentators have tried to make it personal. Americans for Tax Fairness calls companies that use inversions, moving corporate headquarters to lower tax nations, unpatriotic. The Washington Post'sAllan Sloan, who should know better, brands them deserters. President Obama wants to ban inversions retroactively.



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