While House Democrats are working on a “Make It In America” strategy to create jobs right here in the United States for American workers, Republicans have blocked efforts to clamp down on tax breaks for corporations that ship jobs overseas.
During the 2000s, U.S. multinational companies cut their work forces in the U.S. by 2.9 million while increasing employment overseas by 2.4 million. [Wall Street Journal, 4/19/11] Yet in the last 18 months, Republicans have voted 13 times:
against considering Democratic efforts to prevent or discourage the shipping of American jobs overseas and to crack down on offshore tax havens; and
in favor of pro-outsourcing measures.
For the last decade, Republicans have fought to keep, and even expand, corporate tax loopholes that reward outsourcing of American jobs and hurt American families and the economy (fully detailed here). President Obama noted in 2010, “Over the last four years alone, Republicans in the House voted 11 times to continue rewarding corporations that create jobs and profits overseas – a policy that costs taxpayers billions of dollars every year.” [10/16/10]
Since taking control of the House in 2011, Republicans have voted:
For the GOP Job Outsourcers’ Bill of Rights that makes it easier for corporations to send American jobs overseas and weakens the rights of middle class workers – allowing employers to relocate their operations to punish employees for exercising their rights to organize, demand better benefits and safer working conditions, and ensure a full day’s pay for an honest day’s work. [Vote 711, 9/15/11, AFL-CIO]
Against the Democratic budget that rewards companies that choose to invest in or bring back jobs to America with a 20 percent tax credit, eliminates tax advantages for companies moving jobs overseas, as proposed by President Obama, and closes loopholes that allow businesses to avoid taxes by sheltering earnings in foreign tax havens. [Vote 150, 3/29/12]
Against considering the Bring Jobs Home Act – the President’s proposal to reward companies that choose to invest in or bring back jobs to America with a 20 percent tax credit, and to eliminate tax advantages for companies moving jobs overseas. [The Record, Vote 456, 7/10/12]
Against stopping companies that ship jobs overseas from taking advantage of the repeal of the medical device tax. [Vote 360, 6/7/12]
Against considering the U.S. Call Center Worker and Consumer Protection Act to help revitalize a U.S. call center industry that has lost over 500,000 jobs just in the past six years. The measure includes incentives to reduce outsourcing by requiring call centers to notify the Secretary of Labor at least 120 days before relocating outside of the U.S., and giving preference in contracts to employers who keep their call centers at home. [Paramus Post, Vote 381, 6/19/12]
Against a measure that places a priority on keeping jobs in America, protecting the authority of the National Labor Relations Board to order an employer to maintain or restore jobs in the U.S. that would otherwise be outsourced to a foreign country. [Vote 710, 9/15/11]
Against a measure to discourage outsourcing by denying the underlying bill’s pro-corporation election rules for companies that ship American jobs overseas and leveling the playing field for workers in union elections. [Vote 868, 11/30/11]
Against a measure to ensure that mining companies that receive American permits for mineral exploration not outsource American jobs and make a good faith effort to purchase American mining equipment. [Release, Vote 467, 7/12/12]
Against a measure to help close overseas tax havens by giving the Treasury Department greater powers to investigate offshore tax abuses and crack down on offenders and banks that aid them, which could reduce the deficit by as much as nearly $1 billion. [Vote 344, 6/6/12]
From 2007-2010, Republicans voted eleven times to:
Protect tax breaks for corporations that ship American jobs overseas.
Protect off-shore tax havens for corporations and the wealthiest Americans.
Protect tax loopholes for CEOs’ deferred compensation paid by off-shore companies, foreign tax haven corporations dodging U.S. taxes, and Americans who renounce their citizenship.
These tax breaks cost American taxpayers over $60 billion
Under President Bush, Republicans voted 8 times to expand tax breaks for outsourcing and protect offshore tax havens. The Republicans:
Enacted legislation to provide $42 billion in tax breaks for offshore operations of U.S. corporations, encouraging the shipping of U.S. jobs overseas.
Voted to protect tax shelters for corporations relocating overseas to avoid paying taxes.
Voted to protect government contracts for these corporate expatriates.
Voted against help for workers whose jobs were outsourced and against even a study on outsourcing of U.S. jobs.