The Bring Jobs Home Act is being opposed by Republicans. Why? It is thought to be useful to unions, that is why. Read the bill summary and tell me if it is a good idea or not and why.

Bring Jobs Home Act - Amends the Internal Revenue Code to:
(1) grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and relocating it within the United States, and
(2) deny a tax deduction for outsourcing expenses incurred in relocating a U.S. business outside the United States. Requires an increase in the taxpayer's employment of full-time employees in the United States in order to claim the tax credit for insourcing expenses.

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

If President Obama is for it, republicans will be against it even if it was their idea in the first place.

I cannot find any fault with this Act. I googled it and found only supporting articles and not one that criticized it.

What are the downsides to it?

Originally Posted by janmcn

If President Obama is for it, republicans will be against it even if it was their idea in the first place.

You are so right on......and isn't that sad? Repubs are always talking about taking their country back....yeah right, back to the Dark Ages.

Originally Posted by janmcn

If President Obama is for it, republicans will be against it even if it was their idea in the first place.

The best and wiset manner to bring jobs back to American is found in the basic economic principle appropriately labeled "comparative advantage".. politicians on both sides of the aisle either are unaware and or conveniently ignore that principle. The Democrats are supporting this bill only because they want union votes.

It would appear that anytime a politicians does something of self interest which I am afraid to have to admit, I believe is most of time, must look at the bill with jaundice eyes because the odds are it isn't beneficial to the taxpayer/voter.

The liberal segment of the Democratic Party is leading its voters astray. Likewise, the Establishment of the Republucan Party is leading its voters astray. Mitt Romney is on a balance beam trying to appease the Establishment, Evangelical , Tea Party and Independents...and a difficulty balancing act it is. I believe Romney is a moderate Republican, I support that position because I believe it is needed to reunite this nation. Conversely I believe Obama's obssessive idealogy is so destructive that he is incapble of uniting this nation. it may be fun to portrya rich white guys as evil greedy two headed monsters but it is destructive becaue rich white guys or the rich in general creating the continue impetus for this country's economy.

"United we stand divided we fall" that is what will cross my mind when I enter the voting booth in November

I opine others can decide

if you did not read the article in my other thread about the real causes of outsourcing then you should read it:

What

Any bill that does not address the core issues that created the problem in the first place is nothing more than a band aid.

Unfortunately we are in an environment, the campaign season, where it seems all that is important is to be able to serve up a morsel that piques the interest of a given voting block. And worse, far too many so called bills, go no place and do nothing as intended.

No I have not read the bill. No I will not look for it. No I will not criticize what I have not read first hand. Yes, I remain skeptical to the myriad of political game playing for votes. The very poor congressional and Obama track record on bills materializing and accomplishing the advertized intent, earns the skepticism.

The above is not a partisan position...just an observation of the here and now never ending partisan point/counter point with no real analysis and rational conclusions. End result...not very productive.

btk

Originally Posted by rubicon

The best and wiset manner to bring jobs back to American is found in the basic economic principle appropriately labeled "comparative advantage".. politicians on both sides of the aisle either are unaware and or conveniently ignore that principle. The Democrats are supporting this bill only because they want union votes.

It would appear that anytime a politicians does something of self interest which I am afraid to have to admit, I believe is most of time, must look at the bill with jaundice eyes because the odds are it isn't beneficial to the taxpayer/voter.

The liberal segment of the Democratic Party is leading its voters astray. Likewise, the Establishment of the Republucan Party is leading its voters astray. Mitt Romney is on a balance beam trying to appease the Establishment, Evangelical , Tea Party and Independents...and a difficulty balancing act it is. I believe Romney is a moderate Republican, I support that position because I believe it is needed to reunite this nation. Conversely I believe Obama's obssessive idealogy is so destructive that he is incapble of uniting this nation. it may be fun to portrya rich white guys as evil greedy two headed monsters but it is destructive becaue rich white guys or the rich in general creating the continue impetus for this country's economy.

"United we stand divided we fall" that is what will cross my mind when I enter the voting booth in November

I opine others can decide

As I see it, Rubicon, you are against the Bring Jobs Home Act for two reasons. 1) It is pro-union and therefore the Democrats want it because it will give them more union support. 2) The odds are it is not beneficial to the taxpayers.

You do not give any rational viewpoints one way or another. The Act is to give tax breaks to companies who eliminate outsourcing and bring jobs back to the USA - and to eliminate tax breaks to companies who do not. That definitely sounds like a win-win for everyone interested in creating jobs by giving tax breaks as well as for eliminating tax breaks (reducing debt for the taxpayer) on companies who are not helping our economy by having jobs outsourced.

___________

BTK says the Bring Jobs Home Act would be only a band-aid. Well, a band-aid is better than nothing. He also says, "No I have not read the bill. No I will not look for it. No I will not criticize what I have not read first hand." Nothing open-minded here - Just Say No!

Bring Jobs Home Act (S. 3364) - GovTrack.us

With the 2012 Presidential and Congressional elections approaching, it seems like that the "politics as usual" blocs of both parties are not going to let very much if anything get done until after the elections.

you stand corrected as usual....I did not just say no. You have taken the "no" out of context and made it into something I did not intend.

All you wind up doing is watering down anything credible you might have had to say. You are very consistent.

I look forward to an exchange one day when there is "NO" name calling, "NO" snipping, "NO" spinning or twisting of others statements and or intents or both.

btk

Originally Posted by buggyone

I cannot find any fault with this Act. I googled it and found only supporting articles and not one that criticized it.

What are the downsides to it?

There's got to be some problem with the funding of this that the Republicans don't like, or the tacking on of provisions that have nothing to do with the so called aim of the bill that's troubling the Republicans.

I haven't read it and I'm sure I would be snoozing before I got halfway through it. I'll wait for more info from reliable media. All I can find are left wing proponents of the bill so far posting articles.

On it's face it sounds good, but there's got to be a catch if Harry and Nancy like it.

Anything done or proposed by a setting administrator or president in this case up for reelection or review is to only benefit that person.

In the spirit of their nominee, Mitt Romney, GOP senators block the law ending tax credits for corporations that ship US jobs overseas.


‘Insourcing’ bill fails to advance in the Senate - 2chambers - The Washington Post

BTK, if you did not "just say no", please give us your informed opinion. From what I read of your posting, it did just say NO.

RichieLion's informed opinion was basically that he had not read the proposed act but just because "Harry and Nancy" were in favor of it - he is not in favor of it.

Republican parrots are not the answer. Think for yourselves. What is it specifically in this proposed Act that you do not like? It sounds like a win-win for all parties concerned.

Well, how does Mitt Romney explain this one?

Originally Posted by buggyone

As I see it, Rubicon, you are against the Bring Jobs Home Act for two reasons. 1) It is pro-union and therefore the Democrats want it because it will give them more union support. 2) The odds are it is not beneficial to the taxpayers.

You do not give any rational viewpoints one way or another. The Act is to give tax breaks to companies who eliminate outsourcing and bring jobs back to the USA - and to eliminate tax breaks to companies who do not. That definitely sounds like a win-win for everyone interested in creating jobs by giving tax breaks as well as for eliminating tax breaks (reducing debt for the taxpayer) on companies who are not helping our economy by having jobs outsourced.

___________

BTK says the Bring Jobs Home Act would be only a band-aid. Well, a band-aid is better than nothing. He also says, "No I have not read the bill. No I will not look for it. No I will not criticize what I have not read first hand." Nothing open-minded here - Just Say No!

buggyone: You are a very smart guy so I am wondering why your above-referenced post did not include addressing "comparative advantage" GM Sles men told me when I was looking for a car and comparing their product with a Japanese product that they could not compete nor could they meet Japan's quality. Why do you suppose that is?

Its a global economy and the rules changed long ago but the Democrats and union leaders ignore that fact. They ignored that fact because their arrangement worked well unions kept getting great benefits and politicians votes. If American politicians, CEO's and unions really wanted to enter the market they would sit down and get real serious. Look at other American Companies that are not strapped by the 1950's union type concept and see how they are thriving

That is what my post was about. James Carville tells Democrats "its the economy again, stupid" However in reality "its the global economy again and again and again, stupid."