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Lew Says Business-Tax Revamp Best for Limiting Inversions

U.S. Treasury Secretary Jacob J. Lew said the best way to deal with corporate inversions is through a comprehensive revamp of business taxation, according to a statement from the department.

Lew’s comments came in a meeting with policy specialists today in Washington, including Alice Rivlin of the Brookings Institution, Maya MacGuineas of the Committee for a Responsible Federal Budget, and Jared Bernstein of the Center on Budget and Policy Priorities, the Treasury said.