Attractive Quote by Mike Pence
“We really believe that we can bring about changes in the tax code that will make America more attractive for investment and job creation and business. But the president has also made it very clear that he wants to put - he wants to put new elements in the tax code that are going to have companies pay a price if they decide to take jobs out of the country and then sell their goods back into the United States.”
About This Quote
Source Speech: Economic Policy Remarks, United States, 2018
The speaker argues for tax reforms that attract investment and jobs while also imposing penalties on companies that offshore jobs and resell products domestically.
In simple terms: Tax changes should attract investment and penalize offshoring.
Key Takeaway
Balance incentives with deterrents.
Themes
tax policy
investment
job creation
offshoring
national economy
Mood
strategic
concerned
Type
political
policy.
When to use this quote
- government legislation
- corporate strategy
- public debate
- international trade
Key Concepts
economic incentives
corporate responsibility
trade policy
Questions to Reflect On
- How can tax policy both attract investment and prevent offshoring?
- What are the potential unintended consequences of penalizing companies for overseas jobs?
A Different Perspective
May discourage legitimate global supply chain efficiencies.
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