A new op-ed in The Hill co-authored by CWA President Chris Shelton and Rep. Lloyd Doggett (D-Texas) shines a spotlight on how the Republican corporate tax bill rewards and incentivizes the offshoring of more American jobs, and calls for Congress to pass Doggett's bill, the No Tax Breaks for Outsourcing Act, to stop this disturbing trend.
Many of the companies that are among the biggest beneficiaries of the Republican tax bill, such as Wells Fargo, have already been closing American call centers and aggressively offshoring U.S. jobs. After shipping jobs overseas, these companies have been gifted billions of dollars in new tax breaks while being encouraged to offshore even more American jobs in the future.
"We need to stop rewarding companies that ship jobs overseas and reverse the offshoring incentives embedded in the tax bill. The No Tax Breaks for Outsourcing Act would ensure that multinational corporations pay the same tax rate on profits earned abroad as they do in the United States," Shelton and Doggett wrote. "Our tax code should reward the creation of good jobs here in the U.S., rather than giving corporations breaks for killing American jobs."