Pfizer Deal Strengthens Case for Executive Order Requiring Transparency in Political Spending
The tax inversion provisions Allergan and Pfizer are about to exploit are well-known and could easily be eliminated. They exist because Pfizer and other large corporations, individually and through groups like the American Legislative Exchange Council and the U.S. Chamber of Commerce, have used campaign contributions and an army of lobbyists to persuade a long line of Congresses and Presidents to riddle the federal tax code with loopholes.