Need confirmation of Biden's claim - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

Colly Wolly · 08-28-2008, 12:31 PM

Joe Biden said something last night that I am having trouble with and would appreciate some help.

He said something to the effect that the Bush administration has given tax breaks to companies who off-shore their operations to other countries. He seemed to say it with the implication that the tax breaks were given to incentivize companies to move off shore. Or are these tax breaks coincidental with the off-shore movements and related to other facets of company operation?

Help me out with this one because I am finding it hard to believe that ANY administration would want to incentivize companies to move their operations off shore. We want jobs for people here in America, but we have to provide environments in which corporations can flourish, make money, and be competitive.

08-28-2008, 12:31 PM	#1
Colly Wolly Senior Member Join Date: Mar 2006 Posts: 1,281	Need confirmation of Biden's claim Joe Biden said something last night that I am having trouble with and would appreciate some help. He said something to the effect that the Bush administration has given tax breaks to companies who off-shore their operations to other countries. He seemed to say it with the implication that the tax breaks were given to incentivize companies to move off shore. Or are these tax breaks coincidental with the off-shore movements and related to other facets of company operation? Help me out with this one because I am finding it hard to believe that ANY administration would want to incentivize companies to move their operations off shore. We want jobs for people here in America, but we have to provide environments in which corporations can flourish, make money, and be competitive.