"If we enact the Cruz Simple Tax Plan, the result will be other countries in four or eight years will be complaining about corporate inversions because their companies will be fleeing their countries, coming to America," GOP presidential candidate Ted Cruz tells Bloomberg TV's Mark Halperin in Iowa, state that will begin nomination process in February. Says estimated revenue impact of his tax plan -- $770 billion decrease after 10 years -- "underestimates it because the modeling doesn't capture,
Source: Bloomberg.com news