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Economics Discuss Republicans vote against jobs in usa at the Political Forums; Probably not true because this is a liberal site. Republicans call it an election year stunt. If Obama were a ...

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Old 08-02-2014, 07:04 AM
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Default Republicans vote against jobs in usa

Probably not true because this is a liberal site. Republicans call it an election year stunt. If Obama were a good prez democrats wouldn't stoop this low as to try and keep/bring back jobs in this country. Mitch McConnel doesn't like it because obama's a muslim probably. There. I'm starting to think like a republican now.


GOP Blocks Tax Hike on Firms Moving Overseas - ABC News
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Old 08-02-2014, 07:58 AM
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Default Re: Republicans vote against jobs in usa

~ The bill would have prohibited companies from deducting expenses related to moving their operations to a foreign country. It also would have offered tax credits to companies that move operations to the U.S. from a foreign country.


I don't think we should be encouraging companies to outsource. That's long term crazy. We should be giving tax breaks to the companies who stay here and employ Amererican workers. The pubs dropped the ball on this one.
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Old 08-02-2014, 08:10 AM
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Default Re: Republicans vote against jobs in usa

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Originally Posted by Dave1 View Post
~ The bill would have prohibited companies from deducting expenses related to moving their operations to a foreign country. It also would have offered tax credits to companies that move operations to the U.S. from a foreign country.


I don't think we should be encouraging companies to outsource. That's long term crazy. We should be giving tax breaks to the companies who stay here and employ Amererican workers. The pubs dropped the ball on this one.
It was poison for the GOP either way. Proposed just prior to August campaigning and November elections, it was proposed to create red herring debates for struggling Democrats.

It's called politics and for the average American who lives here and pays taxes
,,,,, it sucks

We don't need an incentive bill full of special tax breaks to keep companies in the USA. We need a new tax code. Simplify the code and provide a lower tax rate for all businesses and.....they will stay. But this bill provided none of that.

BTW,the title of this thread is deceitful, if not a lie. Companies are moving their corporate residency, not their facilities. The factories, distribution warehouses and stores are still here.
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Old 08-02-2014, 08:16 AM
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Default Re: Republicans vote against jobs in usa

The correct title of the article should be Reid pulls stunt, won't allow amendments to make bill better.

Quote:
Senate Republican Leader Mitch McConnell of Kentucky said the bill is "designed for campaign rhetoric and failure, not to create jobs here in the U.S."

Republicans also complained that Reid wouldn't allow any amendments. The legislation now joins a growing number of bills that have stalled in the Senate this year because Democrats and Republicans couldn't agree on amendments.
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Old 08-02-2014, 08:41 AM
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Default Re: Republicans vote against jobs in usa

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Originally Posted by FrancSevin View Post

We don't need an incentive bill full of special tax breaks to keep companies in the USA.
But, we need to give them tax breaks when they pack up and leave.....??


I can see the befefits of more jobs for American workers if they stay. And I wouldn't be against giving companies who stay a little something for country loyality. That's just me...
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Old 08-02-2014, 08:58 AM
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Default Re: Republicans vote against jobs in usa

It is the typical Obama administration anti business measure, let's penalize the evil business instead of offering an incentive to invest here. Instead of cutting corporate taxes or allowing repatriation of profits taxed overseas at no additional tax burden the Obama gangsters seek to further their give it up or we'll take it mentality towards business.
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Old 08-02-2014, 11:05 AM
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Default Re: Republicans vote against jobs in usa

Gotta go to the bottom to get the Republicans's view after the first 97% of the article was all pro-Democrat...

Quote:
Republicans say that instead of punishing corporations for leaving the U.S., Congress should make America's tax laws more inviting so more firms will want to come here.
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Old 08-02-2014, 11:20 AM
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Default Re: Republicans vote against jobs in usa

Quote:
Originally Posted by FrancSevin View Post
It was poison for the GOP either way. Proposed just prior to August campaigning and November elections, it was proposed to create red herring debates for struggling Democrats.

It's called politics and for the average American who lives here and pays taxes
,,,,, it sucks

We don't need an incentive bill full of special tax breaks to keep companies in the USA. We need a new tax code. Simplify the code and provide a lower tax rate for all businesses and.....they will stay. But this bill provided none of that.

BTW,the title of this thread is deceitful, if not a lie. Companies are moving their corporate residency, not their facilities. The factories, distribution warehouses and stores are still here.
The tax code is just a small portion of the problem. If the US is to compete in a world market, the US needs to make itself competitive. Labor must be competitive, environmental requirements must be competitive. In the US a permit to build certain factories sometimes take decades. Case in point. It is no longer possible to produce a light bulb in the US so we now must import every one.

Keystone, along with increased oil and gas production is another example. Environmentalists insist on alternative energy sources, and the only way alternative energy can compete is to maker fossil fuels more expensive.
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Old 08-02-2014, 11:23 AM
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Default Re: Republicans vote against jobs in usa

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Originally Posted by cnredd View Post
Gotta go to the bottom to get the Republicans's view after the first 97% of the article was all pro-Democrat...
Indeed during the 19th century British investors poured more capital into the United States than they invested at home. But instead of trying to recapture the attractiveness of the US for capital investment Obama and the Democrats are committed to punishing businesses.
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Old 08-02-2014, 09:00 PM
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Default Re: Republicans vote against jobs in usa

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Originally Posted by jimbo View Post
The tax code is just a small portion of the problem. If the US is to compete in a world market, the US needs to make itself competitive. Labor must be competitive, environmental requirements must be competitive. In the US a permit to build certain factories sometimes take decades. Case in point. It is no longer possible to produce a light bulb in the US so we now must import every one.

Keystone, along with increased oil and gas production is another example. Environmentalists insist on alternative energy sources, and the only way alternative energy can compete is to maker fossil fuels more expensive.
You are absolutely right. But GE left and took thousands of jobs. Jeffry Immelt and Fosdick are BFF's. So No Complaints.

Now Walgreens wants to move corporate, but the stores stay here. And suddenly,,,,,it is unpatriotic.
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