Jan 21st, 2016
Dave Camp Says Tax Code Makes U.S. Companies Ripe Takeover Targets
Former Congressman Dave Camp of Michigan talks taxes with Bloomberg Politics’ Mark Halperin and John Heilemann. On the issue of corporate inversions, the former Ways and Means chairman says U.S. companies will continue to be targets for foreign acquisition due to the way our tax code is structured. He thinks a proposed business transfer tax, which would replace the corporate income tax, has the look of a value-added tax.
