If we keep giving tax breaks to companies who send their jobs overseas won't that increase welfare?
United Continental Holdings Inc. and Delta Air Lines Inc. are among U.S. carriers that will gain as Republicans use their new majority in the House to scrap proposals to limit the outsourcing of maintenance work and to subject global alliances to antitrust enforcement. “Those types of issues will go away,” said David Schaffer, a consultant in Vienna, Virginia, and a former House aviation subcommittee Republican counsel, in an interview. Under Democratic control, lawmakers had approved provisions restricting the airlines’ overseas activities. Republicans gained at least 60 seats in the House of Representatives, their biggest increase since 1938 and their first majority since 2006. The resulting shift in lawmakers setting House transportation policy also may benefit FedEx Corp. in its effort to fight off unions, Macquarie Group Ltd. through its investments in toll roads and Toyota Motor Corp., whose executives faced grilling over auto recalls from a Democratic- run committee. The airlines seek a “do no harm” approach from the new Congress, according to the Air Transport Association, the industry’s biggest trade group. “The current Congress has been anti-airline,” said William Swelbar, a research engineer specializing in air transport at the Massachusetts Institute of Technology in Cambridge. “There will be a new set of ears to listen to the industry.” http://www.bloomberg.com/news/2010-11-03/united-delta-s-push-for-maintenance-abroad-global-ties-aided-by-election.html Max50- Both parties are hypocrites and we better wake up and stop voting for them before its too late.
Asked By: Demonrat - 2/2/2011
Best Answer - Chosen by Asker
There is a reason people with college degrees are more likely to vote democrat. So many vote against their self interests in this country it's crazy. They don't see the big picture, just what they want immediately.
Answered By: Green tea is awesome - 2/2/2011
Additional Answers (7)
Good thing Obama is closing all those loopholes.
Answered By: King Fish - 2/2/2011
Very good point. Let's see the logic sommersaults from cons to explain how tax breaks are always pro growth.
Answered By: Luka Cicin-Sain - 2/2/2011
They learn it from Obama... More
Answered By: Max50 - 2/2/2011
You mean those Chinese firms that build bullet trains? No tax breaks, give them billions in tax money because Obama wants to blow the whistle on a fast train. Why do Democrats push for chinese products? Try to find any US company that builds bullet trains, they don't exist.
Answered By: Fedup - 2/2/2011
One of the main reasons Pan Am went belly up was because of unions. We had stewardesses and baggage handlers making over $100,000/year (in today's money). At JFK, in Hangar 14, there was a space wherein up to 40 people could sleep on cots all day, while being paid... More
Answered By: waitaminute - 2/2/2011
And if you keep taxing companies that keep business over here, they will soon be sending jobs overseas...increasing welfare. Those that don't send jobs overseas and pay the higher taxes may have to lay off some workers at which point you'll complain about that. If they don't lay off workers, they may have to cut... More
Answered By: Comrade Hussein Satan - 2/2/2011
Yes. But at the same time that corporations are off-shoring our jobs and causing an employment crisis, the GOP is gutting the social safety net....
Answered By: R - 2/2/2011
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