Hillary Clinton Channels Donald Trump In Criticism Of Corporate Inversions [VIDEO]

Hillary Clinton criticized corporate inversions as “evading the tax system” in rhetoric that bore similarity to Donald Trump’s tax reform policy.

Speaking at a campaign rally on Tuesday, Clinton said we “have to crack down on the abuses in the tax code. We have to close those loopholes, end those deductions, we have to keep the focus where it needs to be, starting and building companies and getting jobs here for Americans, not providing incentives for folks to take them overseas.” (RELATED: How High Corporate Taxes Lost America The World’s Next Biggest Drug Company)

Clinton then used the “egregious example” of Pfizer, who is attempting to buy Allergan, a “foreign pharmaceutical company that happens to be based in Ireland, and they’re doing it and they’re pretty honest about it. They’re doing it to save money on taxes. It’s called an inversion, and I want the Treasury Department to do everything it can to stop that kind of behavior and call for what it is, evading the tax system.”

In September, Trump released his tax plan and one of his goals was to “grow the American economy by discouraging corporate inversions, adding a huge number of new jobs, and making America globally competitive again.”

During a November interview with Bloomberg’s, “With All Due Respect,” Trump said, “Other candidates don’t even know what corporate inversion is. I do know, I really know, you are going to lose hundreds of thousands of jobs to other countries because of corporate inversions. What you are going to do is lower the taxes bring the money in and they are going to use that money to build and do things in the United States.”

Trump explained that since the tax code is set up the way it is, companies would “be fools” to bring their money in, suggesting they use corporate inversions to “get a better tax deal.”

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