In a statement endorsing the Not Tax Breaks for Outsourcing Act, Americans for Tax Fairness executive director Frank Clemente slammed the Trump-GOP tax law as “a jobs killer” that “provides even more tax incentives than existed before for corporations to outsource U.S. jobs and shift profits offshore.”

“It cut in half the tax rate corporations will pay on offshore profits in general, but then it effectively eliminates taxes on offshore profits derived from new plant and equipment located offshore,” Clemente added. “It is critical to level the playing field so that U.S. workers and U.S. corporations are on an equal footing with the subsidiaries of U.S. corporations operating offshore. Otherwise, corporations will game the system created by this new tax law and working families, communities and Main Street businesses will pay the price.”

The Financial Accountability and Corporate Transparency (FACT) Coalition also endorsed the Democrats’ bill on Tuesday, praising it for attempting to reverse components the GOP tax law that are a “real kick in the gut for workers.”

“It wasn’t that long ago that there was justifiable outrage over tax rules that allowed billionaire Warren Buffett to pay a lower tax rate than his secretary,” Clark Gascoigne, deputy director of the FACT Coalition, said in a statement. “We should be equally concerned that the new law means the richest multinationals will pay lower rates than their smaller, wholly domestic counterparts. The new system is backwards.”

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