American tax policy, probably set by both Democrats and Republicans in the past decades, gave an advantage to United States corporations that would offshore American jobs with a tax credit, $14.5 billion a year. The end of those credits came to the floor a month ago on a piece of legislation that would end those tax breaks that American corporations have for offshoring jobs. The Democrats voted to move that to the Senate. Not one Republican voted for ending those despicable tax breaks that the corporations have. There is a difference here. Where do you stand? For whom do you fight?
John Garamendi: “American tax policy, probably set by both Democrats and Republicans in the past decades, gave an advantage to United…”
On the recordJuly 28, 2010
Editor's note · Context
Garamendi discusses tax policy and its impact on American jobs and corporations.
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