( WASHINGTON ) Congressman Richard E. Neal, a leader in Congress to prevent U.S. corporations from sending jobs overseas, strongly criticized Senate Republicans today for unanimously blocking legislation that would have helped stop the outsourcing of jobs. By a vote of 53-45, Senate Republicans prevented debate on a bill that would have closed tax loopholes that encourage outsourcing, and provided incentives to keep American jobs here at home. During the 111th Congress, House Republicans have repeatedly voted to protect large corporations that continue to ship American jobs overseas.
“Once again, we have seen Republicans walk away from efforts to enforce corporate responsibility and close tax loopholes. The taxpayers of Massachusetts do not want to see jobs being outsourced only to be stuck paying the bill. I will continue to fight to keep jobs here in the United States, and crack down on companies that seek to move overseas in an effort to escape paying taxes,” said Congressman Richard E. Neal.
As a member of the Ways and Means Committee, Congressman Neal has worked tirelessly to pursue companies that establish headquarters offshore as a way to avoid paying U.S. taxes. He has also led the effort to detect, deter and discourage overseas tax evasion. As a longtime critic of U.S. individuals and companies engaging in unlawful foreign tax avoidance, he has held hearings to address the nexus between these important issues.