Jack Lew On Tax Inversions: If Congress Doesn't Act, We WillVW Staff
Treasury Secretary Jack Lew and Transportation Secretary Anthony Foxx spoke with Bloomberg Television's Peter Cook today about investing in infrastructure, ending tax inversions and Russian sanctions.
Secretary Lew said a "broken" tax system is what prompts tax inversions: "The right solution, if we cannot enact tax reform quickly enough, it's for Congress to enact legislation that would close the door to these inversions. What I've said is that if Congress doesn't act, we have to take the steps we can which will . . .
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