There is no offshoring tax break. The tax code taxes profits, not revenues. Expenses reduce profits and thus reduce taxes. Liberals are arguing that expenses are tax breaks. That's silly. A tax break is a specific targeted provision in the tax code. There is no tax break for offshoring, unless liberals want to argue that paying wages or expensing depreciation or buying inputs are also tax breaks. But then, they'd reinforce that they are clueless on business and the economy.
Okay. fine.
YOu cannot claim moving your factory out of the country as a business expense. You cannot claim a salary paid to a foreigner as a business expense.
I still like my idea of taking out commercials showing the pictures of outsourcers and letting average folks know who these rats are...You know, kind of a Megan's law for outsourcers.
^^^^^^^^^^^
And the Left wonders why they are accused of economic ignorance.
Yes, businesses are just dying to invest in hostile jurisdictions.
Again, it works on the assumption we let them get away with their bad behavior.
Instead of protecting our workers and markets, just like the rest of the world does.
Like I said, taking economic advice from you Wall Street Assholes is like taking nutrition advice from Jeff Dahmner...