The views expressed by contributors are their own and not the view of The Hill

Democrats Would Penalize Companies for Employing Americans (Rep. Paul Gillmor)

Although I am not on the Agriculture Committee, I have been following the debate on the Farm Bill for sometime now and I was looking forward to voting for the bill that unanimously passed out of the Committee last week.  Unfortunately, in only a week’s time, the Democrat Leadership added a massive tax increase on companies which in-source jobs into America.  These foreign-owned companies, such as DaimlerChrysler in Perrysburg, Ohio, which employs nearly 3,000 people, are vital to our economy.  They should be applauded, not penalized.

The tax increase added by Democrats, as much as a 30 percent tax increase on some American businesses owned by foreign companies, could lead to companies closing and moving production outside of America.  Because of the tax increase, the Farm Bill puts 5.1 million American jobs at risk.  These tax increases, added out of public sight from the media or the rest of Congress, will hurt families all across America.

I hope the U.S. Senate will consider the original bill passed out of the House Agriculture Committee without the tax increases added after the debate was over.  Our farmers deserve this relief and should not be caught in a game of party politics.

Tags Business Company Employees Number Finance International taxation Person Party Political debates about the United States federal budget Politics Public economics Public finance Tax Taxation Taxation in the United States

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts

Main Area Top ↴

Daily News

Hunter Biden's SECOND TRIAL Set To Begin, Prosecutors Look To Bring Addiction Back Into Spotlight

Hunter Biden's SECOND TRIAL Set To Begin, Prosecutors ...
RFK Jr tells Roseanne Barr he staged dead bear cub ...
Kamala Harris's VP shortlist narrows
Harris, Trump court voters in Georgia as they stand ...
More Videos
Main Area Middle ↴
See all Hill.TV See all Video
Main Area Bottom ↴

Most Popular

Load more