National

Senators Durbin, Brown, Warren, Baldwin, Sanders: Tax Credits Should Go To Companies That Invest In American Workers, Not Ship Jobs Overseas

WASHINGTON, DC–(ENEWSPF)–June 26, 2014. Today, U.S. Senators Dick Durbin (D-IL), Sherrod Brown (D-OH), Jack Reed (D-RI), Elizabeth Warren (D-MA), Tammy Baldwin (D-WI), and Bernie Sanders (D-VT) introduced the Patriot Employer Tax Credit Act, a bill that would provide a tax credit to companies that provide fair wages and good benefits to workers while closing a tax loophole that incentivizes corporations to send jobs overseas. The loophole costs the U.S. Treasury approximately $50 billion each year at a time when outsourced jobs and stagnant wages force more American families to turn to safety net programs to make ends meet.

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