berg80
Diamond Member
- Oct 28, 2017
- 24,374
- 20,363
- 2,320
How unfortunate that when Dem's were proposing measures to discourage the practice of offshoring jobs, and or encourage US companies to bring jobs back to the US, Repubs routinely blocked them.
Senate Bill 3816, called the "Creating American Jobs and Ending Offshoring Act," was introduced on September 21 by several Democrats and would have provided tax breaks to companies that bring jobs back to the U.S. from abroad, and would have ended some tax breaks for U.S. companies that move operations overseas and import their products for sale in the U.S. However, a week later the bill failed to obtain the number of votes required to bring it to the floor for a full debate, and the Senate adjourned shortly thereafter to focus on mid-term elections. Although Democrats claimed that they were responding to voter concern regarding the impact of outsourcing on the state of the economy (as evidenced in recent nation-wide polls), Republicans criticized the bill as a political ploy targeted at garnering votes during the upcoming election season.
If Repubs had followed Dem's lead back in the day perhaps we wouldn't have had to endure trump's tariff idiocy.
Senate Bill 3816, called the "Creating American Jobs and Ending Offshoring Act," was introduced on September 21 by several Democrats and would have provided tax breaks to companies that bring jobs back to the U.S. from abroad, and would have ended some tax breaks for U.S. companies that move operations overseas and import their products for sale in the U.S. However, a week later the bill failed to obtain the number of votes required to bring it to the floor for a full debate, and the Senate adjourned shortly thereafter to focus on mid-term elections. Although Democrats claimed that they were responding to voter concern regarding the impact of outsourcing on the state of the economy (as evidenced in recent nation-wide polls), Republicans criticized the bill as a political ploy targeted at garnering votes during the upcoming election season.
Senate Republicans block bill to end tax breaks for outsourcing
https://thehill.com/blogs/floor-act...block-bill-to-end-tax-breaks-for-outsourcing/Republicans block ending offshore jobs US tax breaks
https://www.reuters.com/article/mar...ng-offshore-jobs-us-tax-breaks-idUSN28210136/If Repubs had followed Dem's lead back in the day perhaps we wouldn't have had to endure trump's tariff idiocy.
