A Quote by Kevin Brady
American jobs are being lost to foreign countries, and U.S. companies are urged to move their manufacturing plants, new technologies and headquarters overseas.
Quote Topics
Quote Author
Related Quotes
I'm tired of seeing American jobs, manufacturing, and headquarters forced overseas due to a tax code that works against us.
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.
We need to aim high - in the area of 20-25 percent - to create the urgent demand for new technologies, manufacturing plants and green jobs.
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.
Mitt Romney is familiar with jobs being shipped overseas because he invested in companies that were shipping jobs overseas.
One thing we're going to do is talk just about that: Obamacare, jobs. Our jobs are being taken away from us. Companies, as we speak, are signing documents with Mexico and other places to move. Our jobs be being... Look at Ford two weeks ago. Ford Motor. They're gonna make all of their smaller cars in Mexico. They're gonna move everything outta here. And so many... I mean, Carrier air-conditioners. I talk about all these companies. There are hundreds of companies. They're moving out to Mexico and other countries.
NAFTA stripped us of manufacturing jobs. We lost our jobs. We lost our money. We lost our plants. It is a disaster.
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.
In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.
When Mrs. Clinton ran for office, she promised economic growth across New York state, to bring in more than 200,000 jobs, ... She has not. We have lost jobs to outsourcing and globalization and to sending our jobs and industries to foreign countries.
President Trump was determined to replace NAFTA from the day he took office. It reflected the old way of trade deals in which our partners shirked labor protections while American companies shipped operations and jobs to cheaper foreign locations. Our factories shuttered, our manufacturing shrank, and we grew more dependent on foreign suppliers.
Governments spend all their time trying to get big companies to relocate their headquarters, and they end up subsidizing the move with tax breaks. And companies that relocate their headquarters are often not meaningful job creators.
Instead of creating new jobs, Republicans gave tax cuts to companies that send jobs overseas.
In general foreign invested companies who come to America to start a company, to open a manufacturing business or whatnot, they actually provide much higher wages than American companies.
Imagine if investors in Wal-Mart really cared about bribery at that company's overseas operations or safety standards at its overseas manufacturing plants. If investors pulled their capital, corporate leaders would have to respond.
Now listen, the one thing about agriculture is we've lost our manufacturing, we've lost a great deal of jobs overseas, lots of our industry. The last thing in the world we need to do is lose the ability to produce our food.
Related Authors
Alexander Hamilton Quotes
American
Politician
Benjamin Franklin Quotes
American
Politician
Bernie Sanders Quotes
American
Politician
David Brooks Quotes
American
Politician
Hillary Clinton Quotes
American
Politician
Jill Stein Quotes
American
Politician
John F. Kerry Quotes
American
Politician
John McCain Quotes
American
Politician
Marco Rubio Quotes
American
Politician
Mitt Romney Quotes
American
Politician
Narendra Modi Quotes
Indian
Politician
Newt Gingrich Quotes
American
Politician
Paul Ryan Quotes
American
Politician
Rand Paul Quotes
American
Politician
Ron Paul Quotes
American
Politician
Ted Cruz Quotes
American
Politician