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Excerpt
How to Fix the Corporate Tax? Repeal It. N. Gregory Mankiw, August 24, 2014, Opinion. "'Some people are calling these companies 'corporate deserters.' That is what President Obama said last month about the recent wave of tax inversions sweeping across corporate America, and he did not disagree with the description. But are our nation's business leaders really so unpatriotic? A tax inversion occurs when an American company merges with a foreign one and, in the process, reincorporates abroad..." Link