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42 Senators Vote To Keep Tax Breaks...[Pic]

Republicans fight to keep tax breaks for companies moving jobs overseas

Older man in factory, putting box on shelf.
Senate Republicans once again showed their stellar values by filibustering a bill that would have cutcorporate tax breaks for moving jobs overseas. That's right, Republicans are fighting to keep giving companies money to move jobs out of the United States:
"Today in the United States, any time an American company closes a factory or plant in America and moves operations to another country, the American taxpayers pick up part of that moving bill," said Senate Majority Leader Harry Reid, D-Nev. "Frankly, a vote against this bill is a vote against American jobs."

Republicans called the bill an election-year stunt. They noted that Democrats tried to pass a similar bill two years ago, right before the last congressional elections.

Okay, Republicans, let's say it's a stunt! It's a stunt that has now repeatedly revealed your desire to keep giving companies tax breaks for killing jobs in America. Are we supposed to see the "stunt" nature of bringing up a bill like this every two years or so as equivalent in moral bankruptcy to defending the existing crappy policy? How is this a political defense?

The bill would also have given tax breaks to companies that move their operationstothe United States.

...for US companies moving operations abroad

submitted by: drawman61
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42 Senators Vote To Keep Tax Breaks...[Pic]. ...for US companies moving operations abroad
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Hits: 2988 | Favorites: 1 | Emailed: 1 | Rating: 3.1 | Category: News & Politics | Date: 08/04/2014
 
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HolyGod
Male, 30-39, Western US
 5000 Posts
Tuesday, August 5, 2014 5:52:47 PM
OldOllie

"Republicans fight to keep tax breaks for companies moving jobs overseas"

What is it about the subject of this post that you don't comprehend?

Do you think the local tire shop is moving jobs overseas? Kinda hard to change my tires from over there don`t you think? So I guess the local tire shop has f.uck all to do with this post or discussion huh?

The only companies this post has to do with IS "mega monster mulinationals".

OldOllie
Male, 60-69, Midwest US
 13933 Posts
Tuesday, August 5, 2014 12:04:18 PM
What is it about liberalism that renders you f***tards totally incapable of thinking beyond a few dozen mega-multinational corporations whenever the subject of the corporate income tax comes up? I don't give a loose dry f*** about GE. They`re nothing bunch of Democrat cronies who have bought and paid for politicians to carve out special breaks that apply only to them. Meanwhile, the local tire shop, construction contractor, and trucking company are taking it up the @$$.

The corporate tax rate is completely irrelevant to these mega-monster multinationals because 1) they already have most of their operations overseas where they are exempt from US taxes, and 2) the can bribe politicians to write rules that exempt them from having to pay the same taxes that are literally destroying the small- and medium-sized business who are responsible for the largest share of the GDP and employ the majority of Americans.

papajon0s1
Male, 40-49, Midwest US
 579 Posts
Tuesday, August 5, 2014 8:40:23 AM
hmmm... Everyone always derides me when I say I still like the flat tax idea. Yes, I know all the problems, but still, stories like this one tell me it's a good idea.

CrakrJak
Male, 40-49, Midwest US
 16954 Posts
Tuesday, August 5, 2014 7:51:47 AM
If you own a business and claim deductions on your taxes, at all, then you're getting "corporate welfare" according to the way liberals have defined the term.

Not only is that completely wrong, it`s deceptive and stupid. Yet when they`ve chased all the old businesses out of state, with high taxes and other regulations, what do they do?

They do like New York and other states and offer "Tax deferment incentives", aka "tax-free zones" to get business back. You can`t have it both ways, calling it "corporate welfare" in one instance and then calling it "tax incentives" in another.

Getting and keeping jobs in your state and our country means having a competitive advantage to do so. You may not like it, but that`s the way it is in this global economy.

CrakrJak
Male, 40-49, Midwest US
 16954 Posts
Tuesday, August 5, 2014 7:43:46 AM
jops: "why would you be ok with that?"

Who said I was? But it's part of our economy now and we have to deal with it.

"yet at the same time you praise the "job creators"."

The largest "job creators" in America right now are small businesses, those jobs are overwhelmingly service jobs not manufacturing jobs.

"you are just fine with giving them one last tax cut for leaving."

Again, it`s not a "tax cut", it`s an itemized deduction, there is a big difference between the two.

"just another form of corporate welfare."

Oh boy, I fear you`ve let the liberalism seep to deeply into your brain. You`re using buzzwords and terms that you have absolutely no clue about. Those anti-capitalist terms were invented to demonize business and promote class struggle, which is classic socialism/communism.

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