This is one of the reasons that I decided to found The Hamilton Institute to help resolve these issues in the global economy. This may sound a little weird but corporate inversions are great for not only business but for helping people raise their financial profile. The difference between people on Wall Street and Main Street is Wall Street make money work for them. Main Street just spends its salary without a financially planned way. Instead of making a ruckus about this and getting potential voters inflamed. The politicians should realize that some people some invest in these companies. I’m not excusing the stripping and hopscotching which is detrimental to the tax rolls.
The Hamilton Institute proposal for taxes features a special section to deal with inversions, repatriation, and removing the U.S. worldwide taxation system. This will create a situation where the government receives the tax payments to upgrade critical sectors in its economy. The money can be invested in keeping the U.S. competitive in the global economy like education, R&D, and infrastructure. The corporation, investor, and the institutional investor will be given the incentive to continue to take risks.
Founding Purpose: “We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity.”
The mechanism for achieving this goal is Capitalism and Democracy.