Corporate Inversions, allowed by our unfair, dysfunctional tax code to U.S. corporations, pose a new threat
to the fiscal stability of the U.S. economy.
In essence, a Corporate Inversion is what happens when a U.S.-based multinational with operations in other
countries restructures itself so that the U.S. "parent" is replaced by a foreign corporation — usually one that is located in a country
with a lower tax rate than the United States.
Corporate Inversions =
income taxes that would otherwise be paid to the U.S. Treasury end up going overseas.
: Any business entity which actually does business
in the United States
— no matter where in the world its "Parent" company is located
— must pay U.S. tax rates in full!