Byron Dorgan: “It is strange to most people to hear, but we actually have in the American Tax Code a reward for companies that would…”

“It is strange to most people to hear, but we actually have in the American Tax Code a reward for companies that would say: You know what I should do? What I want to do is shut down my American factory, I want to fire my American workers, I want to move those jobs to China and hire somebody for 50 cents an hour. By the way, if they do that, they actually get a tax break in this country. They get rewarded by the American tax system for moving American jobs to other countries. That is an unbelievably ignorant and pernicious part of our Tax Code and needs to be changed.”