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I read the bill, in addition I also watched Sen. Debbie Stabenow ,D-mich. present this bill and explain the bill on the Senate floor yesterday on Cspan.
What you left out op , is that Sen. Debbie Stabenow specifically stated that the tax benefits are for "cretin companies" operating in china and abroad
Outsourcing is not new outkast.. but what is new is a president who attacks the private sector almost on a daily basis.. but after a while of reading your posts, I've come to the determination that your a leftist shill
Originally posted by OutKast Searcher
reply to post by SJE98
I read the bill, in addition I also watched Sen. Debbie Stabenow ,D-mich. present this bill and explain the bill on the Senate floor yesterday on Cspan.
What you left out op , is that Sen. Debbie Stabenow specifically stated that the tax benefits are for "cretin companies" operating in china and abroad
Great...let's see the text of the bill that says it is specifically for "certain companies".
I read the bill...I don't think you are going to be able to find it.
But that isn't going to stop people in this thread from blindly using your comment as an excuse though...because they have already been doing this based on other Right Wing commentators saying the same thing....all with no proof or source at all.
they can reject it because A.) yes it gives a tax incentive to bring jobs back. B.) but that incentive is nullified by Obamacare.
Originally posted by OutKast Searcher
reply to post by LoonyConservative
Outsourcing is not new outkast.. but what is new is a president who attacks the private sector almost on a daily basis.. but after a while of reading your posts, I've come to the determination that your a leftist shill
Please show me one piece of legislation Obama has passed or presented that attacks the private sector.
After reading your post...I've come to the determination that you are an ignorant fool...and I don't care what your opinion is.
I already called this as a pointless bill because while it incentive for companies to come home, that 20% tax cut is nullified by Obamacare as it stands... in essence this bill would allow Obama to look " private sector friendly" and nothing more.
I shouldn't have to show you 3 years after the man got elected.. its all here, on ATS. you just refuse to see it because Obama seems to be your man.
Originally posted by OutKast Searcher
reply to post by LoonyConservative
they can reject it because A.) yes it gives a tax incentive to bring jobs back. B.) but that incentive is nullified by Obamacare.
Please explain how Obamacare will "nullify" the tax credits from this bill.
This should be entertaining.
Guys, look up a page or two from here - it's a tax increase all around, that's all it is. That's why it was shot down by the republicans.
Originally posted by Blackmarketeer
reply to post by artnut
No it is not a tax increase on companies that are already outsourcing. Those tax breaks they received were a one-time break to move their company's jobs overseas. It is not an ongoing tax break. This bill would, however, stop rewarding companies with tax breaks for closing down a job center (shop, facility, etc.) and re-opening it in another country and employing their citizens instead of our own. This bill would have no impact on a company that is expanding overseas either. Example, Ford Motor Co. opens a new manufacturing facility in Europe to produce cars that are sold in Europe. That is not outsourcing. Outsourcing is closing a facility or job center in America and transferring those American jobs to another country. Now if Ford were to close a parts plant in Alabama and then reopen that same parts plant in Mexico, employing Mexican labor, and then shipping those parts back to the US, that is outsourcing, and that is the sort of thing this bill would stop rewarding with our tax dollars.
Originally posted by OutKast Searcher
reply to post by LoonyConservative
I shouldn't have to show you 3 years after the man got elected.. its all here, on ATS. you just refuse to see it because Obama seems to be your man.
You made the claim skippy...so you show the proof.
By your response, it is clear you just repeat any crap propaganda you hear from right wing talk shows and you really have no freaking idea what the hell you are talking about.
Originally posted by Blackmarketeer
reply to post by gncnew
Guys, look up a page or two from here - it's a tax increase all around, that's all it is. That's why it was shot down by the republicans.
First time I ever heard of a 20% tax break called a tax increase. But then again I don't employ reich-wing logic in "how to undermine your own country by giving financial incentive to those who take jobs away from it", either.
Originally posted by Blackmarketeer
reply to post by gncnew
Guys, look up a page or two from here - it's a tax increase all around, that's all it is. That's why it was shot down by the republicans.
First time I ever heard of a 20% tax break called a tax increase. But then again I don't employ reich-wing logic in "how to undermine your own country by giving financial incentive to those who take jobs away from it", either.