WASHINGTON - Ways and Means Committee Ranking Member Sander Levin (D-MI) today made the following statement after receiving a letter from Treasury Secretary Jack Lew urging Congressional action to stop inversions:
“I greatly appreciate Secretary Lew’s call for immediate action to shut down this abuse of our tax system. The Republican refusal to act now to stop this abuse explains why more and more Americans believe the playing field is rigged against them. Ordinary Americans can’t change their address to an overseas location in order to avoid paying taxes. We must act now to ensure that big corporations are unable to do just that."
