Senator Sheldon Whitehouse
@senatorwhitehouse·303K subscribers·2.2K videos
Sen. Whitehouse Chairs Budget Hearing on Closing Tax Loopholes that Reward Offshoring Jobs & Profits
Posted
January 18, 2024
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January 18, 2024
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6:10Now PlayingJanuary 18 | Senator Sheldon Whitehouse (D-RI), Chairman of the U.S. Senate Budget Committee, delivers an opening statement at a Budget hearing, entitled “The Great Tax Escape: Closing Corporate Loopholes that Reward Offshoring Jobs and Profits.”
The Trump tax law created new incentives to outsource American jobs and shift profits offshore—amounting to an “America-last” tax policy—that has harmed U.S. workers and small businesses and driven up the deficit.
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