QuickTake: How U.S. Companies Buy Tax Breaks

The video discusses tax inversions, a strategy where U.S. companies lower tax bills by relocating abroad. It highlights recent rules by Treasury Secretary Jack Lew to curb this practice. Over 50 companies have moved since 1982, with Ireland being a popular destination. The U.S. has the highest corporate tax rate, taxing global income, unlike other countries. This leads to higher taxes for independent U.S. companies compared to those with foreign parents. The video also covers political disagreements on addressing inversions, with Republicans blaming the tax system and Democrats seeking reform.

How do the new Treasury rules affect the attractiveness of inversion deals?

What are the differing views of Democrats and Republicans regarding tax inversions?