nat4900
Diamond Member
- Mar 3, 2015
- 42,021
- 5,965
- Thread starter
- #61
Tax on Companies that ship jobs overseas- A bill that would have eliminated a tax break that companies get when they ship jobs overseas.
There is no tax break to ship jobs overseas.
It does make a nice soundbite for idiot liberals.
Democratic lawmakers think it’s unfair that a company can take a deduction for moving costs when those costs include money spent transporting jobs out of the country. To remedy this, Senate Democrats proposed the Bring Jobs Home Act in 2012 and again in 2014. The bill failed both times. The Bring Jobs Home Act would have eliminated the standard deduction for moving expenses for businesses relocating overseas.