The tax break needed for working families can be effected by removing now obsolete tax breaks for outsourcing jobs.
Draw attention to reviving Senate bill S.3364, the Bring Jobs Home Act, as it "Hits the Nail on the Head" with what's wrong in this country!
Current tax law allows for the cost of moving jobs overseas to be deducted as a business expense. S.3364, sponsored by Senator Debbie Stabenow, D-Mich., would end that tax break while continuing to allow a deduction for jobs returned to this country or moved within the United States. The bill would provide an additional tax credit for 20 percent of the cost of moving jobs back to the United States. On July 19, the Senate rejected, 56-42, a motion to take up the bill, which would encourage companies to bring jobs back to the USA.