{"id":9043,"date":"2012-10-06T09:53:31","date_gmt":"2012-10-06T16:53:31","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=9043"},"modified":"2012-10-06T09:53:31","modified_gmt":"2012-10-06T16:53:31","slug":"how-republicans-love-to-outsource-jobs","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2012\/10\/06\/how-republicans-love-to-outsource-jobs\/","title":{"rendered":"How Republicans Love to Outsource Jobs"},"content":{"rendered":"

One of Lord Willard\u2019s more spectacular debate lies was the bogus claim that there is no tax break for companies who outsource American jobs by moving production overseas.  As an outsourcer himself, Lord Willard had to know he was lying.  You should know about the special relationship between the Republican Party and the tax breaks for outsourcers.<\/font><\/p>\n

\n

\"6Outsource\"<\/p>\n

Of all the many claims that Mitt Romney pitched to the American public with such confidence that most viewers declared him the \u201cwinner\u201d during Wednesday night\u2019s debate, few were as brashly misleading as his response to the President\u2019s objection to tax breaks that enable outsourcing jobs overseas. \u201cLook, I\u2019ve been in business for 25 years. I have no idea what you\u2019re talking about. I maybe need to get a new accountant,\u201d Romney said. \u201cBut the idea that you get a break for shipping jobs overseas is simply not the case<\/strong>.\u201d <\/p>\n

But even Fox News acknowledges that \u201ccompanies can claim a deduction [Faux Noise delinked] for the costs associated with moving jobs overseas.\u201d The idea that former Bain CEO Romney wouldn\u2019t know this is simply not believable. Instead, his advisers have argued that this isn\u2019t a \u201cspecial\u201d tax break for outsourcing \u2014 it\u2019s just a deduction like any other cost of doing business.<\/p>\n

But beyond any semantic argument, Romney certainly would know that just this summer, Republicans in the Senate (with three exceptions) blocked a bill to eliminate this deduction when the expenses are for relocating jobs out of the US<\/strong>. As ABC New reported, \u201cUnder existing law, employers may take tax deductions for the costs associated with moving jobs<\/a> out of the country. The proposed legislation would have eliminated that, and used the resulting new revenue to fund a 20 percent tax credit for the costs companies run up \u2018insourcing\u2019 labor back into the U.S.\u201d<\/strong>\u2026 [emphasis added<\/em>]<\/p>\n<\/blockquote>\n

Inserted from <Think Progress<\/a>><\/p>\n

Photo credit: Teamster Nation<\/a><\/font><\/p>\n

As much as Republicans say that they are about jobs, jobs, jobs, they have  repeatedly blocked legislation to grow jobs in the US.  Right now, we could have a law that stops helping companies that move jobs overseas and starts helping companies that bring them back.  Why don\u2019t we?  Republican filibastards sided with Vulture Capitalists that outsource our jobs like Lord Willard, and sided against the American people.<\/font><\/p>\n

The Republican Party Will Not Represent YOU!<\/font><\/h2>\n","protected":false},"excerpt":{"rendered":"

One of Lord Willard\u2019s more spectacular debate lies was the bogus claim that there is no tax break for companies who outsource American jobs by moving production overseas.  As an outsourcer himself, Lord Willard had to know he was lying.  You should know about the special relationship between the Republican Party and the tax breaks […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-9043","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/9043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=9043"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/9043\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=9043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=9043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=9043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}