Club for Growth President Chris Chocola: “It is shameful that Treasury Secretary Lew would question the patriotism of the companies that drive economic growth here in the United States.” 

Washington, DC - The Club for Growth issued the following statement in response to a letter from Treasury Secretary Jack Lew to the Senate Finance Committee calling for a “new sense of economic patriotism” that prevents American companies from taking advantage of a process in the tax code known as inversion: 

“It is shameful that Treasury Secretary Lew would question the patriotism of the companies that drive economic growth here in the United States,”  said Club for Growth President Chris Chocola. “Companies aren’t taking advantage of inversion because they’re unpatriotic, they’re taking advantage of it because the Obama administration and Congress have failed to pass comprehensive tax reform that would make America a far more attractive place to invest. Instead of ridiculous attacks on the patriotism of job-creating business leaders and the companies they represent, Treasury Secretary Lew should call on President Obama to push Congress to adopt something similar to the tax reform proposal offered by Ways and Means Chairman Dave Camp, which provides a framework for real pro-growth tax reform.”