Quote:
Originally Posted by rubicon
Republicans by nature and idealogy would not tun down this act unless there is something Democrats are not telling people about this Act. I know what the other side of ther argument is but i refuse to play "Is So, "Is Not with people' It would seem to me voters would have finally caught on to this nonsense being foisted on them by both parties. However politicians have come to understand that maany voters don't read beyond the titled heading of any article pretty much like reading a bumper sticker to do otherwise is just too time consuming:exceptions on this forum are blueash,VK btk, richielion, CMANN, Bucco Sally jo, old coach, DLP, ijustluvit, and a few others whose usernames I cannot properly construct
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I googled "SB3364 opponents say" to find opposing arguments on the bill. I don't have time to read it all right now, but here is a quote well worth looking further into, by Sen. Orrin Hatch:
"Under current law, companies can deduct the cost of moving people and equipment overseas from their taxes. S. 3364 would eliminate that deduction, and create a new 20 percent tax credit for all costs associated with moving overseas jobs back into the United States.
But Hatch said Democrats are being misleading by saying that there is a tax break for outsourcing.
“I’ll keep this book of tax codes at my desk here, if someone wants to show me the tax code that allows deductions for shipping jobs overseas,” Hatch said while holding the large book. “I’d like to see it, but it’s not in here.”
It’s unclear if the bill will clear the voting hurdle to end debate. Republicans were expected to support it until Senate Majority Leader Harry Reid (D-Nev.) said he was unlikely to include any Republican amendments."
Hatch calls Dems' 'insourcing' bill 'misleading' - The Hill's Floor Action
I also wonder if there is other "stuff" packaged into this bill that has nothing to do with jobs. The lack of a line-item veto causes many good proposed measures to get thrown out with the bathwater containing "other stuff".