More on Inversions

Obama could curb corporate inversions on his own.

How quaint.

An executive order.

This should send heads spinning in board rooms throughout America.

However, I don’t think the inversion is due to intercompany loans and interest deductions as the article claims.

Also, in error in this particular article … if Congress passes a law, it does not need to be invoked … by the President or the grand wizard. A law is a law whether it’s invoked or not. He may be thinking of Harry Potter.  An understandable error.  Sometimes I too have trouble remembering politicians aren’t magic.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: