Wednesday, July 18, 2012

An Important Vote for Jobs in America

Tomorrow, Thursday, July 18, the Senate will vote on Senate Bill S. 3364.  The name of that bill is the Bring Jobs Home Act.  What this bill proposes is this:


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.


This is a bill designed to create jobs for Americans.  Stop outsourcing or off shoring - whatever you want to call it - and bring those jobs back to this country.  The government will give your business a 20% tax credit to relocate your business back in the U.S. and you will be denied a tax deduction as a business expense if you instead still choose to outsource.


With over 8% unemployment this sounds like the proverbial no-brainer, right?  This is a JOB CREATION bill.  This is what everyone says this country needs. This is what the Republican party campaigned on in 2010 when they won back the House.  Remember?  It was jobs, jobs, jobs.  


So how many Republicans will cast a yea vote to bring jobs back to America?  If their recent voting record holds true I think we will see the Republicans voting to a man to defeat this bill.  Then, they will again point the finger at President Obama and say nothing is being done to improve the economy.  


How sad for all those Americans that are out of work.  How said that the Republicans just cannot do the right thing for those Americans.  

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