Polar Power Inc (POLA)

[ebase22]

From where I sit, there are all kinds of downsides to it for sure, but one good thing is cleaning up the corporate tax code to lower the rate while at the same time getting rid of common loopholes for multinationals. This is moving us to a territorial system, just like the rest of the developed world.

The current system is a mess that rewards large firms that can do things like transfer IP overseas, lease it back, borrow domestically and shift abroad, and do corporate inversions, while punishing smaller firms like POLA that can't do that (or even larger firms that are only domestic). The current corporate code is very inefficient, economically distortive, and unfair.