The U.S. Chamber of Outsourcing | Economy In Crisis
Just last month, the Chamber lobbied vigorously to defeat the Creating American Jobs and End Offshoring Act, which would have given companies a two-year payroll tax holiday, reducing the amount of Social Security taxes they would have to pay, for new employees who replace workers doing similar jobs overseas. The bill would have also ended tax provisions that encourage the outsourcing of jobs.
'Replacing a job that is based in another country with a domestic job does not stimulate economic growth or enhance the competitiveness of American worldwide companies,' Chamber executive vice president Bruce Josten claimed in a letter to senators.
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