Americans for Tax Reform president Grover Norquist appeared on CNBC’s “Squawk Box” Monday morning, and discussed the impact of inversions on American companies.

Even a high tax nation like France at 33.33 percent has a lower corporate tax rate. “We do damage to American-owned companies that France doesn’t to French- owned companies,” Norquist said in a “Squawk Box” interview. “Stupider than France is not where you want to be on tax policy.”