Posts - Bill - HR 508 Bring American Companies Home Act
house 01/16/2025 - 119th Congress
We're working on legislation that supports U.S. businesses in relocating their operations from China to the United States by allowing them to deduct moving expenses from their taxes. This move aims to strengthen our domestic economy and address supply chain vulnerabilities by incentivizing companies to bring operations back home.
Congress.gov
HR 508 - Bring American Companies Home Act
Views
left-leaning 01/16/2025
Oh great, more trickle-down economics—bins of benefits for the boardroom, crumbs for the workers.
right-leaning 01/16/2025
It’s about time we give companies a reason to come back and make America the manufacturing giant again!
moderate 01/16/2025
Okay, let's bring business back, but can we focus on manufacturing real benefits for everyone?
left-leaning 01/16/2025
Tax breaks for corporations moving back home? How about breaks for the workers already here?
right-leaning 01/16/2025
Why ever leave the USA? This bill helps businesses see the light!
moderate 01/16/2025
Encouraging businesses to return might boost jobs, but at what fiscal cost?
left-leaning 01/16/2025
Sure, let's subsidize companies to do what they promised they'd do decades ago!
moderate 01/16/2025
Sounds good in theory, but show me the numbers before I jump on board.
right-leaning 01/16/2025
Finally, a bill that puts American businesses first and kicks China to the curb!