washington two lead house democrats introduce legislation tuesday intend curb corporate tax inversion deal prevent company low effective tax rat u.s. business operations move headquarter overseas bill author top democrats house ways mean budget committees would limit ability newly invert company engage tax strategy call earn strip lawmakers say often follow inversion deal corporate inversions issue anti-establishment voters year presidential congressional election campaign typically occur u.s. company buy foreign firm relocate headquarter foreign company home country paper bid reduce overall tax obama administration take policy step discourage deal congress eliminate option tax reform prospect unlikely nov. election continue allow company shift tax obligations onto american workers families simply change mail address say representative chris van hollen maryland senior democrat house budget committee van hollen introduce stop corporate earn strip act 2016 representative sander levin michigan senior democrat house ways mean committee lawmakers say newly invert company strip u.s. operations taxable earn load debt produce tax-deductible interest payments payments make new foreign parent another foreign affiliate interest income often pay reduce zero tax rate new legislation would reduce eliminate financial thresholds allow company pursue earnings-stripping strategy inversion house democrats introduce bill curb company tax inversions