Monday, November 28, 2016

Sanders' outsourcing Bill

Sanders introduced the Outsourcing Prevention Act in an effort to hold Trump to his campaign promise. Now let's see if Trump will stick to his promise. Nah, we already know the answer on that. Plus the GOP will never go for it. The Act would:

"Prevent companies sending jobs overseas from receiving federal contracts, tax breaks, or other financial assistance; claw back federal subsidies that outsourcing companies received over the past decade; impose a tax of either 35 percent of the company's profits or an amount that equals the money saved by moving jobs overseas, whichever is higher; and imposing stiff tariffs on executive bonuses like golden parachutes, stock options, and other gratuities."

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