corporate tax inversions
The president said wealthy corporations should not be "gaming the system."
Republicans Are in Corporations' Pockets on Tax Inversions -- Democratic Senate Candidates Should Hammer Them for It
Sen. Schumer urged Congress to craft a stricter definition of inversion and enact a ban on "earnings stripping." Earnings stripping? You'll love this. Earnings stripping refers to a practice by which a foreign-based parent corporation loans large sums to -- wait for it -- itself.