Rep. Rick Larsen, WA-02, has cosponsored legislation to bring jobs back to the U.S. by rewarding companies that insource jobs and close loopholes for outsourcers. The Bring Jobs Home Act would create a 20 percent tax credit for costs associated with moving a production line, trade or business back to the U.S. and would close loopholes that benefit companies that outsource jobs. The Washington State Labor Council held a rally in support of the bill today in Everett, Wash.
“I stand with the workers in Everett today who want to bring jobs home,” Larsen said. “I am supporting the Bring Jobs Home Act because passing it would mean more jobs right here in Northwest Washington. We need to reverse the incentive that encourages companies to ship their jobs overseas, and instead push them to invest more here. It is time to stop outsourcing and start insourcing. Northwest Washington is home to some of the most skilled manufacturing workers of the nation. I know our workers will prosper on a level playing field. This bill will help them do just that.”
