Tag Archives: Press Release

The Patriotic Millionaires’ Statements on New Rules Regarding Corporate Inversions

“For too long, multinational corporations have used the tax code to force countries to compete in a race to the bottom, depriving nations of the revenue needed to build up their own economies – the Treasury Department’s ruling is not only the fiscally responsible thing to do, it send a clear signal that the United States is not going to allow corporations to hold American jobs hostage,” Patriotic Millionaires Chair Morris Pearl, former Managing Director of BlackRock Inc.