Economic policy is the basis for all public policy within the United States. Any function of the government relies upon funding, from day-to-day operations to foreign relations to social programs. To continue to function successfully, economic policy must show growth, keep prices stable, have a positive balance of trade, manage deficits and debt, and strive for full employment. A major component of America’s free-market, capitalist economy is the role of corporations. Corporations contribute to economic growth, participate in trade, and provide employment for the government, which in turn provides tax revenue. In order to continue to grow the economy, and provide services for the populace, corporations need to be profitable. Many corporations, however, have been merging with overseas companies to avoid the US tax rate. Because economic policy is so intertwined in all aspects of public policy, this practice of moving revenue out of the country can have long-reaching implications. Recently, President Obama criticized these corporations, calling into question their “economic patriotism,” and making it clear that tax evasion might be profitable for a company in the short-term, but a threat to our nation’s stability in the long-term (Cohen). Although businesses have a tax rate of 35%, write-offs for equipment, expenses, and even advertising, whittle away at the amount of taxes corporations actually pay. Even with the many available tax loopholes, many corporations are still unhappy with their tax rate. It is true that some corporations have taken a large part (or all) of their operations overseas, but a new type of tax fleeing has companies merging with foreign businesses (often much smaller than the original), and using that foreign company as its headquarters. This practice, known as an inversion, has prompted two recent bills in the Senate attempting to prevent this