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We have been hearing a lot about tax inversions lately. According to a NY Times article by Josh Barro published on 8/9/14, tax inversion is "... a tax avoidance maneuver in which an American company is acquired by a smaller foreign competitor, allowing it to move its tax residency abroad.
We have been hearing a lot about tax inversions lately. According to a NY Times article by Josh Barro published on 8/9/14, tax inversion is "... a tax avoidance maneuver in which an American company is acquired by a smaller foreign competitor, allowing it to move its tax residency abroad.
 
On the surface, it's heart-warming to hear statists celebrating the concept of patriotism.
 
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