Democrats want to ban government contracts for companies that leave the U.S. to avoid taxes

By Danielle Douglas

Lawmakers are growing tired of corporate America's persistent efforts to dodge U.S. taxes.

In the past month, Congress and the White House have denounced a loophole that lets companies lower their tax rate by moving their headquarters overseas. These so-called "inversions" have been the subject on Congressional hearings and legislation to eliminate the tax benefit.