Wednesday, July 28, 2004

FactCheck.org Kerry Blames Corporate Tax Code for Shipping Jobs Overseas: "But recent Labor Department data underscore what even Democratic economists have said for some time -- outsourcing jobs overseas, or 'offshoring,' accounts for just a small fraction of the many millions of jobs that are lost each year even in a good economy. There is indeed a tax break for US-based multinational corporations to locate operations overseas. Bush isn't to blame for it -- it's been there for decades. It's also true that Bush doesn't support Kerry's proposed remedy, which is controversial."

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