The Treasury Department just issued new rules against a tax maneuver called an “inversion” — where a US company turns itself into a foreign one to get out of taxes. That’s already scuttled one multi-billion dollar merger — but is it enough? Plus: a look at Mehrsa Baradaran’s new book, How the Other Half Banks
Intro:
- Matt Gardner, executive director of the Institute on Taxation and
- Mehrsa Baradaran, professor at the University of Georgia School of Law, author of How the Other Half Banks: exclusion, exploitation, and the threat to democracy