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U.s. system? how does this work? it is perfectly legal. it s called inversion. our writer alan sloan who wrote the article calls it desertion. he calls these companies deserters. it s been legal, but we are seeing more companies do it. nothing changes physically. you might still see the headquarters on whatever parkway in whatever city or state they are based in the u.s. or were, but it s about the financials. what we find is so questionable or wrong about this is these companies are drawing from so many benefits that you get when you are an american company. benefit from our deep financial system and markets. our rule of law and democracy. benefitting from our physical or intellectual infrastructure. a lot of these companies are drawing technologies from our research institutions or testing them on the military or having the military as their first ....
Customers. all these benefits that come with being an american company, they are getting all of those, but not paying for it. this is different, by the way, from what we heard about ge and apple who might syphon some profits through subsidiary overseas. this is one step further than that. what can the government due to stop this free loading, to stop the wave of companies from leaving yet remaining here enough to enjoy the benefits of being an american company? well, one thing a lot of people say just reform the tax code. the reason why companies do this it s so much more competitive over there, but then we just encourage a race to the bottom. we can do things to reform it, to make it more competitive. what we also need to do and alan sloan argues in this article is to tighten the loopholes, tighten the regulations. the s&p used to say you cannot list on our exchange if you do this. they loosened their rules ....
the key for an interim agreement will be to find a package of sanctions, proportionate to concessions offered by tehran, both in scale and in perverse ability. win in interim agreement has been she negotiations can begin in earnest on measures to ensure transparency, resolve questions about past military activities, and on unwinding the sanctions. we need to dwell not on what we most want, but on what we must have. maintaining six-power delegation remains a priority, and we need to spend at least a little time worrying about how iran s negotiators will sell a negotiated agreement in tehran, not just how it will go over in the u.s. congress. now for the footnote i promised. the military option section includes a thorough list on the one hand great implications for nuclear iran, and on the other hand the dire consequences for a premature military strike on the other. i m sure i join everyone in our audience today ....