The Senate will take up the Bring Jobs Home Act tomorrow. This bill—S. 2884—would stop allowing corporations to deduct their moving expenses when they offshore good American jobs to other countries.
Call your senators now at 888-659-9401 and tell them to vote YES on the Bring Jobs Home Act tomorrow. Even if you already have called, your senators need to hear from you again.
The vote on this measure comes as news continues to trickle out about Mitt Romney’s tenure at Bain Capital, when companies it managed outsourced good jobs abroad.[1]
And this week, a new report showed Romney’s tax plan would create even more incentives for corporations to ship jobs overseas.[2]
Romney is not the only politician, though, who has been on the wrong side of job creation for working families. Politicians continue to support measures that reward corporate CEOs and leave the rest of us to take the hit.
Now they have a chance to move toward a comprehensive plan to stop outsourcing and create family-sustaining jobs in the United States. This not only must include passing the Bring Jobs Home Act but should also:
- Tax U.S. corporations’ overseas income the same way domestic income is taxed, so they do not shift income and jobs overseas just to lower their tax bill;
- Make sure trade agreements like the Trans-Pacific Partnership are fair and benefit working families—not just multinational corporations;
- Stop currency manipulation by our trading partners; and
- Bar companies that send call center jobs overseas from receiving federal grants and tax breaks.
Please call your senators today at 888-659-9401 and ask for their support for the Bring Jobs Home Act.
[1] www.boston.com/news/local/massachusetts/articles/2012/07/
14/evidence_mounts_of_mitt_romneys_continuing_ties_to_bain_after_1999
[2] www.americanprogressaction.org/issues/2012/07/hanlon_outsourcing.html
Source: AFL-CIO
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