This is an out and out scheme for corporations tax avoidance. It consists of a phony ploy to move headquarters overseas to eliminate paying US taxes, thereby shifting the burden to individual taxpayers.
Why is this important?
We should all rise up against tax whiners. Taxes have gone down steadily for decades, yet the less the whiners are taxed, the louder they whine. I am mad as hell and I am not going to take it any more.