:doh ... You have to wonder if he actually read the bill. Sometimes you have to put hyper-partisanship aside and at least try to understand what the proposed legislation is trying to do. If you go back and read the referenced laws, i.e., US Tax Code, you'll find that the tax credits - those "incentives" for corporations to bring jobs back to the U.S. - would be paid for by reducing the tax deductions these same corporations are currently receiving to keep company operations overseas.
To that, it's interesting that Conservative would dare claim that liberals want corporations to outsource jobs when outsourcing really took off in earnest under a Republican Administration -GW Bush. But truth be told, outsourcing (and it's cousin "off-shoring") has been going on in this country since the late 70's with many of the "incentives" (tax credits = taxpayer dollars) being given by Republicans. And that's what drives me crazy about comments made by posters like Conservative. To folks like him, the "blank check" that comes from "stealing from the rich" and raises the federal deficit always comes from Democrats, but they completely ignore the "corporate welfare" that tends to come from Republicans where the "incentives" are rarely ever paid for except on the backs of the working class. At least in this proposed bill, the tax credits would come from lowering the very tax deductions corporations currently receive from outsourcing jobs. That in no way takes money out of the pockets of so-called "wealth builders". It simply lowers the amount of money from their earnings they can deduct from their taxable liability. That's it!
Clearly, what Conservative wants is for the corporate tax rate to be decreased under this proposal (sangha, you may have hit upon something here) while also giving these very corporations tax credits, too. I ask, "Who's really working hard to raise the federal deficit here?"
Below are links to some light reading on outsourcing/off-shoring and the impact both have had on the American economy. I've found each to be interesting reading whether you support the process or not.
5 Facts About Overseas Outsourcing | Center for American Progress
The Offshore Outsourcing of American Jobs: A Greater Threat Than Terrorism | Global Research
http://www.economist.com/media/globalexecutive/outsourcing_revolution_e_02.pdf
A Brief History of Outsourcing - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
I think what people really need to start asking themselves is, "What types of jobs would actually start coming back to the U.S. under this proposed bill?, rather than "What's the dollar cost to the American taxpayer". Again, there is a difference between "outsourcing" and "off-shoring", and the types of jobs that are ultimately outsourced are significant not only to cost-savings to a major corporation but also the net economic growth to the U.S. economy.
Also, for those who want to watch the Senate debate on the proposed bill on outsourcing, you can
view it here from C-SPAN.org. You'll have to be extremely patient, however. The Senate session covers several other issues including much debate on the VA and the current immigration problem.