Econ Comments & Analysis
Investors | Cut World's Highest Tax Rate To Curb Tax Inversions
The last several months have seen a wave of American companies merging with foreign companies, a process known as "inverting." In effect, inversion is the corporate equivalent of a renunciation of American citizenship. By some estimates, about $250 billion of these deals have been consummated since the start of the year, and another $100 billion could be finalized soon.
