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Senator Durbin: Let’s Call Corporate Inverters What They Really Are: Corporate Deserters

WASHINGTON, D.C.–(ENEWSPF)–September 9, 2014.  U.S. Senator Dick Durbin (D-IL) spoke on the U.S. Senate Floor to discuss a tactic called corporate inversions, a move many companies are considering.  These companies move their headquarters overseas, but only on paper, to avoid U.S. taxes. Most recently, Burger King decided to renounce its American corporate citizenship by acquiring Canadian company Tim Horton’s. Nearly 50 companies have inverted in the last 10 years, with another dozen companies – including…

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