Dive Brief:

• Nine tax inversions — where a company moves its headquarters overseas to avoid U.S. taxes — of major companies have occurred this year, and many more are being considered.

• The drugstore retail chain Walgreens is among those considering such a move. 

• Democrats in Congress have introduced bills to curb the practice, and President Obama and prominent Democrats are framing the issue as a matter of patriotism and economic fairness.

Dive Insight:

Republicans aren’t really arguing with Democrats on this one, but that doesn’t mean any legislation against tax inversions will get anywhere. Republicans say they want tax reform; Democrats and Obama agree — but legislation closing this loophole and many others just sits in committee. Meanwhile, Walgreens' own investors are questioning such a move, and billionaire investor Mark Cuban Friday urged investors to divest from U.S. companies pursuing tax inversions.