Will Trump’s Tax Reforms Actually Cause More Inversions?

If I told you I was going to tax you at the highest rate in the world on earnings but allow you to deduct your interest expenses, what do you imagine you'd do? Well, you'd probably try to earn offshore and issue debt at home. That way you can enjoy lower tax rates and get the benefit of deducting the expense associated with debt issued to fund "important" things like buybacks (which of course boost share prices and thereby inflate equity-linked executive compensation packages). Ok, so let's sa