Republicans Are In Corporations' Pockets On Tax Inversions

Last Week, the Obama Administration issued new regulations to limit corporate tax inversions.  This maneuver, as our own Joan McCarter explained, is "the practice of corporations buying subsidiaries in foreign countries, then renouncing US citizenship to get out of paying US taxes."  In other words, another scam by big money to stick the rest of us with the tax bill they should be paying.  When Burger King announced plans for such a move last month, Sen. Sherrod Brown (D-Ohio) said they'd "abandoned their country" and called for a boycott.  Damn straight.Read More.Source: The Huffington Post/Ian Reifowitz