The Real Reason Why Corporations are Inverting: 35% Tax on Everying You Make is a Strait Rip-Off

This article sums up inversion in a nutshell.

The purpose of an inversion has never been, and never could be, and never will be, "ooh, Canada has a 15 percent tax rate, and the U.S. has a 35 percent tax rate, so we can save 20 points of taxes on all our income by moving." Instead the main purpose is always: "If we're incorporated in the U.S., we'll pay 35 percent taxes on our income in the U.S. and Canada and Mexico and Ireland and Bermuda and the Cayman Islands, but if we're incorporated in Canada, we'll pay 35 percent on our income in the U.S. but 15 percent in Canada and 30 percent in Mexico and 12.5 percent in Ireland and zero percent in Bermuda and zero percent in the Cayman Islands."

That means they can take their profits from Mexico, Ireland, Bermuda, etc. and take it back up to Canada and deploy it how they see fit. Rather then try to game the American system so that they don't have to pay 35% on every penny they make no matter where it came from.

This article does a good job of saying that they made that money in Ireland and not the US. So they used Irish roads, fire department, haggis stands, etc. and Ireland only asks 12.5% taxes for that privilege. Why should Burger King have to pay 35% on that Irish money? They pay 35% on their American profits already so that should be their so-called "fair-share."