We've got a tax code that is encouraging flight of jobs…
“We've got a tax code that is encouraging flight of jobs and outsourcing. And that's why we've specifically recommended ... that Congress change our tax code so that we stop giving tax breaks to companies that are moving to Mexico and China and other places, and start putting those tax breaks into companies that are investing here in the United States.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
The tax system should stop rewarding companies that relocate abroad and instead incentivize domestic investment.
In simple terms: Tax breaks should favor US‑based investment, not offshoring.
Key Takeaway
Support policies that keep jobs at home.
Themes
economics
tax policy
jobs
globalization
Mood
serious
optimistic
Type
political
policy
When to use this quote
- legislative reform
- business strategy
- employment policy
Key Concepts
incentives
corporate responsibility
Questions to Reflect On
- How can tax policy balance competitiveness and domestic growth?
- What are the risks of changing tax incentives?
A Different Perspective
Political opposition may argue it harms competitiveness.