> In 1952, the U.K. was a shell burned out from WWII. Today, it's a tax haven luring American companies to reincorporate there. You cannot fight this process with legislation--you'll just shoot yourself in the foot and drive companies out to other countries that will be happy to receive them.

And this is one of the many reasons I despise the UK currently (I'm British). The citizenry do not benefit from these arrangements. If anything people seem to becoming more aware of it and more pissed off about it.

I love how the UK likes to torpedo any EU attempt to overhaul and address these greedy little sweetheart deals as well.