Political Quotes

“I rise today, with my good friend and colleague, the senior Senator from the great State of Illinois, to introduce the Patriot Employers Act of 2006. This measure is designed to help businesses and American workers seeking to compete in the global economy. By reducing corporate taxes for those firms that invest in America and American employees, the Patriot Employers Act rewards companies that, among other things, pay decent benefits, provide health coverage and support our troops by paying a full differential salary for deployed National Guard employees. Too often we hear troubling news reports of American companies outsourcing jobs and exploiting corporate tax loopholes--by setting up incorporated offices, for example, in the Cayman Islands to avoid paying their fair share of taxes. Such companies fail to see that they are connected to the markets in which they operate, and by dodging their financial responsibilities, they are harming the very economy that they, too, will need to rely on in the future. Recognizing these challenges, this bill says that we are going to align our corporate tax policy with the corporate practices we want to encourage.”