Documents/DNP2012/1: Middle Class Security/1.4.4: Insourcing

1.4.4: Insourcing

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The Democratic Party believes in insourcing so that America can out-build the rest of the world again. We want to cut tax breaks for companies that are shipping jobs overseas and for special interests, and instead offer tax breaks to companies that are investing right here in the United States of America, betting on American workers who are making American products we sell to the world that are stamped with three proud words: Made in America. Our strategy is paying off. After decades of watching American companies take jobs to other countries, we're beginning to see entrepreneurs and manufactures make the decision to keep factories and production facilities here in the United States — and even bring jobs back from overseas. But the Republican Party has nominated a man whose firm invested in companies that were pioneers of outsourcing—and whose plans would actually encourage outsourcing by eliminating all taxes on the foreign profits of U.S. companies. There is more to do. We Democrats support lowering the corporate tax rate while closing unnecessary loopholes, and lowering rates even further for manufacturers who create good jobs at home. We will give our businesses access to newer roads and airports, and faster railroads and Internet access. We will fight for immediate investments for highways, transit, rail, and aviation and for the creation of a national infrastructure bank to help modernize our infrastructure, put hundreds of thousands of construction workers back on the job, and help businesses grow.

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