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Obama: Tax Inversions Are 'Wasteful'

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Allergan, Inc. NYSE:AGN, Progressive Waste Solutions Ltd. NYSE:BIN - Obama: Tax Inversions Are 'Wasteful'

President Barack Obama on Tuesday delivered a speech in which he called on Congress to put an end to tax inversion deals.

Speaking to reporters, President Obama said these tax inversion deals "sticks the rest of us with the tab and it makes hard-working Americans feel like the deck is stacked against them."

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