Interesting article. Neglects to mention that the Obama administration wants to make the changes retroactively. This article should be read along with the following Robert Wood article.
The health of a country is a function (in part) of the health of it’s tax system. The U.S. tax system is unbelievably out of touch with the reality of the modern world. It has reached the point where the rest of the world should take note and encourage U.S. tax reform.
As this article points out:
The U.S. is one sick puppy.