28
Oct
2014
While Ernst would keep tax breaks for companies that ship Iowa jobs overseas, Braley would eliminate these tax breaks and instead cut taxes for companies that hire American workers
Cedar Rapids, IA - Today Bruce Braley traveled to Cedar Rapids, Maquoketa and Dubuque to share his plans to be a Senator who fights for an economy that works for all Iowans, not just the wealthiest few. While state Sen. Joni Ernst would keep tax breaks for companies that ship jobs overseas, Braley is fighting to eliminate these tax breaks and instead cut taxes for middle class families and companies that hire American workers.
"I believe we need to do everything in our power to keep Iowa jobs where they belong?in Iowa," said Braley "That's why I'm fighting to end tax breaks for corporations that ship jobs overseas and to close loopholes that allow big multinational corporations to avoid paying their fair share of taxes. But state Senator Ernst would put big corporations and special interests ahead of working Iowans by allowing companies that ship Iowa jobs overseas to keep their tax breaks. As Senator, I will never put wealthy interests before Iowa's middle class families."
According to the Bureau of Labor statistics, Iowa has lost more than 40,000 manufacturing jobs since 1999, due in part to outsourcing. In Congress, Bruce has fought to keep jobs in America by backing legislation that ends tax breaks for companies that ship jobs overseas and pushing for tax breaks for companies that hire workers in America. His "Back to Work Act" provided tax breaks for small businesses that hired unemployed workers?including tens of thousands of Iowans. He has also introduced the Hire a Hero Act to renew and extend tax credits that have led to the hiring of 1,400 Iowa veterans and 50,000 veterans nationwide
In contrast, state Sen. Ernst said directly when asked that she would not raise taxes for companies that ship jobs overseas, and signed the Grover Norquist pledge that mandates companies who ship jobs overseas get to keep their tax breaks.
"I believe we need to do everything in our power to keep Iowa jobs where they belong?in Iowa," said Braley "That's why I'm fighting to end tax breaks for corporations that ship jobs overseas and to close loopholes that allow big multinational corporations to avoid paying their fair share of taxes. But state Senator Ernst would put big corporations and special interests ahead of working Iowans by allowing companies that ship Iowa jobs overseas to keep their tax breaks. As Senator, I will never put wealthy interests before Iowa's middle class families."
According to the Bureau of Labor statistics, Iowa has lost more than 40,000 manufacturing jobs since 1999, due in part to outsourcing. In Congress, Bruce has fought to keep jobs in America by backing legislation that ends tax breaks for companies that ship jobs overseas and pushing for tax breaks for companies that hire workers in America. His "Back to Work Act" provided tax breaks for small businesses that hired unemployed workers?including tens of thousands of Iowans. He has also introduced the Hire a Hero Act to renew and extend tax credits that have led to the hiring of 1,400 Iowa veterans and 50,000 veterans nationwide
In contrast, state Sen. Ernst said directly when asked that she would not raise taxes for companies that ship jobs overseas, and signed the Grover Norquist pledge that mandates companies who ship jobs overseas get to keep their tax breaks.
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