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19 Aug 2014 - The Atlantic
"I think we should avoid that temptation to do something now just because it feels good to do something," Desai says. According to him, the inversions we're seeing now are simply the unanticipated effects of the legislation passed in 2004. Increasing the requirements on foreign ownership, then, might be a salve that not only would be temporary, but would also open up problematic possibilities down the line.
14 Aug 2014 - Fortune
Massachusetts has created a model based on public-private partnerships, a promising blueprint other states should follow.
14 Aug 2014 - Harvard Gazette
In recent years, a number of U.S.-based corporations with significant international holdings have shifted their headquarters overseas in an attempt to lower their tax bills. Harvard Business School's Mihir Desai is an expert on tax policy, international finance, and corporate finance.
"While it is tempting to characterize corporate tax reform as a sop to big business, we know that the burden of the corporate tax is borne by shareholders, workers, or customers. And much of the available evidence points to the majority of the burden being borne by workers, a result that is intuitive when one compares the relative mobility of capital, labor, and products," Desai said.