Endo Pharma is the classic example of companies of reincorporating outside the USA to avoid US tax rates. If any of you actually have any concept of economics, you would know that the USA is driving these companies outside their borders with their flawed economic policies. Obama's solution is to close the loop hole to allow this activity. That is a naive approach as the real solution is to remove the incentive for companies to move away from the USA in the first place. The only solution is to reduce the tax rates that drive away private sector companies to move their resources off shore. In other words, reduce tax rates in the USA and you remove any reason for businesses to relocate in the first place. It's called the "Arthur Laffer Curve", lower tax rates lead to higher total tax revenue read about it
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