We should also explore a 15% duty on goods and services sold by a company that Treasury determines engaged in inversion.
Time to take the gloves off, not rewrite the corporate tax code. This isn’t about draconian taxation, this is about a substandard CEO who isn’t growing the business. Instead, she’s boosting earnings by cutting expenses. THAT’S what happens when tax rates get too low… you stop making investments and start looking at how best to take as much as you can get.