Talent Trumps Tax Incentives in Corporate Relocations
April 1, 2011, Fox Business

Businesses based in the United States are taxed more than most of their global competitors. For example, US-headquartered companies pay taxes on income of their foreign subsidiaries, which is not required by most other countries.

"There is no other major industrial country that has such a system," said William Dantzler, Jr., head of White & Case's global tax practice. "It clearly is a competitive disadvantage. I think everyone would admit that. The harder question is what should be done about it."