Commentary

Inversion: America Has Gone From Attracting Global Business to Penalizing It

By Timothy H. Lee
Thursday, September 25 2014

Throughout our nation's history, Americans have taken justifiable pride in cultivating a domestic climate that attracts innovators, entrepreneurs and businesses from across the globe. In recent years, however, our tax laws and federal regulations have eroded our international competitiveness. Paradoxically, that has occurred during a period in which increasing globalization demands improvement, not regression. Unfortunately, new rules announced by the Obama Administration will make the situation worse, not better. Instead of fixing the problem, they seek to compound it. …

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