A Quote by Joe Baca

Instead of creating new jobs, Republicans gave tax cuts to companies that send jobs overseas. — © Joe Baca
Instead of creating new jobs, Republicans gave tax cuts to companies that send jobs overseas.
Now you have a choice: we can give more tax breaks to corporations that ship jobs overseas, or we can start rewarding companies that open new plants and train new workers and create new jobs here, in the United States of America.
Having a tax code that rewards companies that are shipping jobs overseas instead of companies that are investing here in the United States, that will not make us more competitive.
What the Trump tax plan is a plan to give tiny little tax cuts to most Americans, raise taxes on perhaps one in five families and shower benefits on people who earn millions of dollars a year. And this fits with a fundamental principle the Republicans have been pursuing for a long time. The rich aren't investing and creating jobs, because they don't have nearly enough money, and so we need to get them money. And the way the Republicans want to get it to them is tax cuts first, and then to take away help for children, the disabled, the elderly and the poor.
Mitt Romney is familiar with jobs being shipped overseas because he invested in companies that were shipping jobs overseas.
I believe we need a balanced, bipartisan approach to debt reduction that includes a combination of spending cuts, investments in economic growth, and simplification of the tax code that closes corporate loopholes that incentivize companies to ship jobs overseas.
The law, right now, permits companies that close down American factories and offices and move those jobs overseas to take a tax deduction for the costs associated with moving the jobs to China or India or wherever.
All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.
We've outpaced Japan and Europe in creating new jobs, but there's major competition from India and China. It's not enough to make income tax cuts permanent.
The other thing that's really important in tax reform is making sure that we don't tax American businesses at much higher tax rates than our foreign competitors tax theirs. It is costing us jobs. It's one of the reasons all these American companies are moving overseas.
Tax cuts create more jobs and this is something we as Republicans have to do a better job of marketing.
Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.
The tax code rewards corporations for outsourcing jobs, and their profits overseas, instead of investing here in the United States.
Jobs have already started to surge. Since my election, Ford announced it will abandon its plans to build a new factory in Mexico and will instead invest $700 million in Michigan, creating many, many jobs. Fiat/Chrysler announced it will invest $1 billion in Ohio and Michigan creating 2,000 American jobs.
We need to work together, on a bipartisan basis, to create new jobs, increase job training, enact real and substantive middle class tax relief, and reward companies that create jobs at home.
In the past, we've always come up with new jobs for humans to do and so it's always benefitted us, technological progress, but now we're not really creating enough new jobs to replace the jobs that are being automated.
I sit in the Senate, and see what Republicans are often advocating, it's those kind of tax loopholes for the richest of the rich or, frankly, for corporations and giving incentives for them to move jobs and opportunity overseas.
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