Amanda Swafford on Corporations

FairTax avoids taxation of overseas corporate profit

Nunn wants to disallow corporate tax deductions for expenses incurred in closing plants to transfer production to other countries. Perdue is focused more on overall rate reductions. A Perdue spokesman stresses that the companies wouldn't have a reason to consider inversions [relocating abroad] if there were no tax in the first place. At the same time, he has joined other conservatives in support of the Fair Tax, a national sales tax to replace all income taxes, personal and corporate.

Libertarian nominee Amanda Swafford also sees the Fair Tax as a salvation. "The proper response isn't to ban inversions but to either enact the Fair Tax or move to a territorial system so companies can stay headquartered in America without facing a ridiculous tax surcharge on money made outside our country," she said.