Jobs, Jobs, Jobs! Republicans lave looked for them between women’s legs. They have looked for them in Obama’s birth certificate. They have looked for them everywhere that will create no jobs. They parrot the need to protect the job creators, but we are the job creators, and they have done nothing to protect us. Their policies have created millions of jobs, but they created what used to be our jobs in China and other cheap labor markets. They could help bring jobs home, but they will not.
After the Senate fails again to advance the Disclose Act on Tuesday afternoon, it will immediately consider legislation that would discourage U.S. companies from hiring overseas, and encourage them to hire domestically.
The Bring Jobs Home Act, S. 3364, is sponsored by Sen. Debbie Stabenow (D-Mich.), who said her bill is needed to stop giving tax breaks to companies that move jobs overseas.
"It’s time to stop rewarding companies that send jobs to other countries and instead support businesses creating jobs here at home," she said earlier this year when the first version of her bill was introduced.
Under current law, companies can deduct the cost of moving people and equipment overseas from their tax bill. Stabenow’s bill would eliminate that deduction, and create a new 20 percent tax credit for all costs associated with moving overseas jobs back into the United States… [emphasis added]
Inserted from <The Hill>
Graphic credit MNM
It’s very simple and straightforward. Ed Shultz and Debbie Stabenow (D-MI) explained the Bill.
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There are only two reasons for Republicans to oppose this bill. First, as long as Obama is President, they want Americans to be jobless. Second, Republicans want to keep the poor and middle classes paying the cost of outsourcing to make the 1% richer. It’s part of how trickle down gushes up.
14 Responses to “Republicans Will Not Bring Jobs Home”
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Democrats should take full advantage of the RepublicanTs resistance to these bills that would create more jobs in the USA during this election cycle. Run those ads showing how these traitors vote on anything which is good for our country and the economy. Show the people how they hate America.
My point, exactly!
Anyone who believes repubicans would actually vote for a responsible Jobs Bill to put Americans to work would also believe Michele Bachmann is a font of facts, Bernie Madoff is a model citizen and Casey Anthony should be teaching parenting classes.
Of the three, the last is least absurd.
I'm all in favor of tax breaks for companies bringing jobs back to the US, but I'd be willing to go farther – punitive taxes, sanctions, fines (whatever you care to call them) for any business entity that calls themselves an American company and sells in American markets, but locates their production facilities offshore. I have no problem with a company that states "we are [insert company name here] and we make our product in [insert geographical location here] and you should buy it. That's the marketplace in action, and it's fine. Carried to its ridiculous extreme, we have the deranged decision by somebody at the U.S. Olympic Committee to have the U.S. team uniforms made in China.
China?????
Give me a break. Financially, this isn't a big deal; symbolically, it's huge.
John, we're on the same page here. I'm all for fair trade, but what we now have is not.
The picture at the top of the article is very appropriate to the topic — the podium banner says "PUTTING JOBS FIRST" with Rmoney laughing and pointing away — in other words, putting jobs first over there, overseas, not here!
When I read the article first this afternoon, my first reaction was not just tax breaks for the re-shoring of jobs or for companies that don't off-shore, but tax penalties for those that do off-shore, not just no tax breaks, but penalties. It would end up being an exit tax and it should be substantial. With this Ed Show group of segments, there are several talking about Bain and job losses. One plant in Illinois with 170 jobs lost, another in Texas with 1,000 jobs lost a few years back. Chuck Rocha, Democratic strategist commented that when management went through the Texas plant handing out pink slips, there was no question 'Are you a Democrat or a Republican?'. Pink slips went to all these middle class workers and all of them will remember. Rocha :"Mitt Romney can wear all the flannel shirts he wants to and go into all the work sites and try to relate to the workers, but at the end of the day, the American people will realise that Mitt Romney is all flannel and no calluses." And if you look at the pictures of Mr Obama with workers and Romney with workers, it is quite apparent that Romney is stiff (Crap, do I have to shake hands with this peasant?) while Mr Obama is warm and engaged (hand on a T-shirted shoulder while shaking hands and engaged with the fellow.)
Mr Obama needs to keep hammering away at the jobs, at the tax returns. In all these segments of Ed, all I saw was Romney trying to deflect criticisms to others, even John Kerry's wife a few years back.
Lynn, your ability to reflect my thinking in the choice of that graphic is uncanny.
Penalties work fine for me, but Republicans don't even have that to use as an excuse.
I believe that the income tax of any corporate officer should be directly tied to how much of his or her products or services are done offshore. THAT would change a lot of things in a hurry.
…and the corporate income tax for the company as well.
Republicans can't bring jobs home. Why do you think they passed Citizen's United? They like those corporate pay-offs from their CEO masters. To bring jobs home, they MUST violate their pact with the corporate forces of darkness. Ain't gonna happen.
Bingo!
"There are only two reasons for Republicans to oppose this bill. First, as long as Obama is President, they want Americans to be jobless. Second, Republicans want to keep the poor and middle classes paying the cost of outsourcing to make the 1% richer. It’s part of how trickle down gushes up." From article/TC
Nothing more to say TC–
Thanks Phyllis. I wish it were not so.