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Old 08-04-2012, 06:58 PM
 
Location: On the "Left Coast", somewhere in "the Land of Fruits & Nuts"
8,852 posts, read 10,464,466 times
Reputation: 6670

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Last month, 42 Senators blocked Senate Bill S-3364, which would ban tax deductions for expenses of moving workers or operations overseas from the U.S. The bill also would allow a tax deduction for companies returning jobs to the US from overseas.

Now thanks to these Senators, we all continue to actually pay to send our jobs overseas. For a list of the senators (BTW, primarily in one party), see U.S. Senate: Legislation & Records Home > Votes > Roll Call Vote

Seems like foreign outsourcing should actually be our most important priority right now, more than even unemployment, the deficit, illegals, whatever. Because if jobs are indeed the basic "lifeblood" of our economy, than what are we doing to ourselves by constantly "donating" that blood (or "hemorrhaging" it, as the case may be)...?
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Old 08-04-2012, 07:05 PM
 
15,912 posts, read 20,212,133 times
Reputation: 7693
Why does it seem to take a rocket scientist to figure out the jobs are going overseas because it's cheaper to build things there PLUS with jobs overseas corporations never have to worry about unions, strikes and prima-donna workers?

Want jobs to come back to America?

Lower the minimum wage and outlaw unions....
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Old 08-04-2012, 07:09 PM
 
79,907 posts, read 44,256,917 times
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Sounds like a reasonable bill but to say for sure I would have to know what all was in it.
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Old 08-04-2012, 07:10 PM
 
15,912 posts, read 20,212,133 times
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Quote:
Originally Posted by pknopp View Post
Sounds like a reasonable bill but to say for sure I would have to know what all was in it.
Bill Text - 112th Congress (2011-2012) - THOMAS (Library of Congress)
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Old 08-04-2012, 07:15 PM
 
Location: somewhere in the woods
16,880 posts, read 15,210,988 times
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well, I do notice that democrat senators do like to always veto bills meant for auditing the federal reserve. some senators have pet projects and some dont.
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Old 08-04-2012, 07:20 PM
 
Location: The land of infinite variety!
2,046 posts, read 1,501,274 times
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I think many of the Republicans that voted against this viewed it as killing the fatted calf for the prodigal son, where the businesses that never left did not get the same tax breaks.

Still, you would think, as much as we want jobs back in America, they could have come to a compromise.
(Ow!! Ow!! I hurt myself chuckling over the thought of them compromising!!)

Bob Scheiffer had an interesting piece on Congress on the CBS news last night:

Schieffer: Do-nothing Congress begins five-week vacation with not much done - CBS News
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Old 08-04-2012, 07:23 PM
 
15,912 posts, read 20,212,133 times
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Quote:
Originally Posted by Mayiask View Post
Bob Scheiffer had an interesting piece on Congress on the CBS news last night:

Schieffer: Do-nothing Congress begins five-week vacation with not much done - CBS News
Bob S. and the progressive liberals crow about the do-nothing congress now that the majority is Republican but where were they for almost 3 years when it was controlled by the Democrats?

Outsourcing jobs wasn't a problem then was it?
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Old 08-04-2012, 07:26 PM
 
Location: The land of infinite variety!
2,046 posts, read 1,501,274 times
Reputation: 4571
Quote:
Originally Posted by plwhit View Post
Bob S. and the progressive liberals crow about the do-nothing congress now that the majority is Republican but where were they for almost 3 years when it was controlled by the Democrats?

Outsourcing jobs wasn't a problem then was it?
Are you denying that this is a 'do nothing' congress? The problem is 2 sided.
And did I say whether I was against this bill or for it?
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Old 08-04-2012, 07:32 PM
 
79,907 posts, read 44,256,917 times
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Thanks. Reading through not real close and considering how they write these laws, I can find nothing that would make it offensive and I would support it.
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Old 08-04-2012, 07:51 PM
 
Location: San Antonio Texas
11,431 posts, read 19,012,310 times
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Quote:
Originally Posted by mateo45 View Post
Last month, 42 Senators blocked Senate Bill S-3364, which would ban tax deductions for expenses of moving workers or operations overseas from the U.S. The bill also would allow a tax deduction for companies returning jobs to the US from overseas.

Now thanks to these Senators, we all continue to actually pay to send our jobs overseas. For a list of the senators (BTW, primarily in one party), see U.S. Senate: Legislation & Records Home > Votes > Roll Call Vote

Seems like foreign outsourcing should actually be our most important priority right now, more than even unemployment, the deficit, illegals, whatever. Because if jobs are indeed the basic "lifeblood" of our economy, than what are we doing to ourselves by constantly "donating" that blood (or "hemorrhaging" it, as the case may be)...?
Eye Opening. Even the Vp candidates Sen Rob Portman of Ohio and Sen Marco Rubio of flor voted against this.
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