Obama Just Struck A Blow Against Corporate Tax Dodging

The U.S. Treasury Department's new rules making it harder for U.S. companies to perform “corporate inversions” that allow them to escape taxes were hailed Tuesday by Democratic politicians, including President Barack Obama, and liberal groups. The rules announced Monday could save money for American taxpayers over the long term, since they shoulder a larger share of taxes when corporations find ways to avoid paying. Already, the announcement has cast doubt on the largest corporate tax-inver...