Senate Republicans Vote Against American Jobs

Tom Joad · #1 08-01-2014, 02:43 PM

This is a prime example of why I get sick and tired of people that try to make the false equivalency argument that both parties are equally bad.

http://www.politicususa.com/2014/07/...ax-breaks.html

Quote:

Senate Republicans blocked a bill today that would potentially bring millions of jobs back to the United States by refusing to end tax breaks for companies who outsource jobs.

The roll call vote failed to get the needed 60 votes by a margin of 54-42. Millions of jobs have been outsourced over the past decade in part because companies can get a tax break on their expenses related to sending jobs overseas. The Bring Jobs Home Act would have ended these tax breaks, and give companies who bring jobs home a 20% tax credit.
Before the vote Senate Majority Leader Harry Reid said:

Quote:

Quite frankly, a vote against this bill is a vote against American jobs. There is absolutely no excuse, no justification for any member of this body to vote against this legislation. But as of late, Senate Republicans have repeatedly blocked legislation, much like the Bring Jobs Home Act, that is good for the American people.

continue

Tom Joad · #2 08-01-2014, 02:48 PM

See any Democrats on that list?

Hell no!

All fucking Republicans.

finnbow · #3 08-01-2014, 03:37 PM

Though the practice of "inversion" is unseemly, the US tax code is the problem with its high corporate rates and designer tax breaks for those with deep pockets.

Tom Joad · #4 08-01-2014, 03:43 PM

Quote:

Originally Posted by finnbow

the US tax code is the problem with its high corporate rates and designer tax breaks for those with deep pockets.

The top rate doesn't appear to be all that high from a historical standpoint. At least since WW2.

http://www.taxpolicycenter.org/taxfa...al_bracket.pdf

But obviously the designer breaks as you call are a travesty.

http://www.huffingtonpost.com/2014/0...n_4855763.html

finnbow · #5 08-01-2014, 03:57 PM

Quote:

Originally Posted by Tom Joad

The top rate doesn't appear to be all that high from a historical standpoint. At least since WW2.

http://www.taxpolicycenter.org/taxfa...al_bracket.pdf

But obviously the designer breaks as you call are a travesty.

http://www.huffingtonpost.com/2014/0...n_4855763.html

We're competing with Ireland's 10% corporate rate (many of the companies practicing "inversion" are buying small Irish companies and moving only their headquarters there).

Tom Joad · #6 08-01-2014, 04:07 PM

Quote:

Originally Posted by finnbow

We're competing with Ireland's 10% corporate rate (many of the companies practicing "inversion" are buying small Irish companies and moving only their headquarters there).

Two can play that game.

You wanna make your shit in Ireland, then sell your shit in Ireland. Don't go bringing it over here and put it on Wally World's shelves unless you pay a steep import tariff.

The same goes for China, or any of those low wage third world shitholes.

finnbow · #7 08-01-2014, 04:34 PM

Quote:

Originally Posted by Tom Joad

Two can play that game.

You wanna make your shit in Ireland, then sell your shit in Ireland. Don't go bringing it over here and put it on Wally World's shelves unless you pay a steep import tariff.

The same goes for China, or any of those low wage third world shitholes.

Again, it's our corporate tax laws causing this mess. The Democrats want to put a quick, high-visibility band-aid on the problem and not address the underlying cause. They know their approach is a non-starter, but it makes for good copy in an election year.

Tom Joad · #8 08-01-2014, 04:51 PM

Quote:

Originally Posted by finnbow

Again, it's our corporate tax laws causing this mess. The Democrats want to put a quick, high-visibility band-aid on the problem and not address the underlying cause. They know their approach is a non-starter, but it makes for good copy in an election year.

I imagine it's like Health Care.

A real solution, ie in the case of Health care, single payer, is impossible because of the Republicans.

So they tried for a band aid, like the ACA, and couldn't even get that.

You're not going to sucker me into that false equivalency crap finn. Might as well give up on it.

finnbow · #9 08-01-2014, 05:02 PM

Quote:

Originally Posted by Tom Joad

I imagine it's like Health Care.

A real solution, ie in the case of Health care, single payer, is impossible because of the Republicans.

So they tried for a band aid, like the ACA, and couldn't even get that.

You're not going to sucker me into that false equivalency crap finn. Might as well give up on it.

I'll give you credit for being a hard-headed ideologue - the kind who watches Ed Schultz.

Tom Joad · #10 08-01-2014, 05:10 PM

Quote:

Originally Posted by finnbow

I'll give you credit for being a hard-headed ideologue - the kind who watches Ed Schultz.

Ed's awesome, but I don't have cable.

I get most of my news off the net.

As for being hard headed you're Goddamned right.

The Republicans are never going to give an inch.

So if the Democrats keep meeting them halfway all they accomplish is moving the country farther and farther to the right. And that's exactly what has been happening for the last 40 years.