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.
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Trump Gives Daunting To-Do List to McConnell
09:30 - President Donald Trump laid out a path for Senate Majority Leader Mitch McConnell to get back in his good graces: replace Obamacare, overhaul the U.S. tax code and find a way to pay for big infrastructure improvements. Bloomberg's Sahil Kapur has more on "Bloomberg Markets." (Source: Bloomberg)