Republicans fight to keep tax breaks for companies moving jobs overseas
July 30, 2014
Senate Republicans once again showed their stellar values by filibustering a bill that would have cut corporate 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."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?
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.
The bill would also have given tax breaks to companies that move their operations to the United States.