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Detailed text transcripts for TV channel - MSNBC - 20120125:18:01:00

To bring jobs back home. but we have got to seize that opportunity. we have got to help these companies succeed. and it started with changing our tax code. it starts with changing our tax code. now right now, companies get all kinds of tax breaks when they move jobs and profits overseas. think about that. a company that chooses to stay in america gets hit with one of the highest tax rates in the world. that s wrong. it doesn t make sense. we have got stop rewarding businesses that ship jobs over seas and reward companies like conveyor that are doing business right here in the united states of america. [ applause ] ....

Tax Code , Tax Breaks , Tax Rates , It Doesnt Make Sense , Around The World , Ship Jobs ,

Detailed text transcripts for TV channel - MSNBC - 20120125:18:02:00

Now, before the other side gets all excited, let me, let me be clear, if you are a company that wants to out source jobs or do business around the world, that is your right. it s a free market. but you should not get a tax break for it. companies that are bringing jobs back from overseas should get tax breaks, high tech manufacturers should get tax breaks, manufacturers like conveyor that stamp products with three proud words made in america those are the folks that should be rewarded through our tax code. [ applause ] jeff and greg told me if we pass tax reforms like these they would be able to buy more equipment for their facility. so let s do it. today, my administration is laying out several concrete actions that we can take right ....

Around The World , Free Market , Tax Breaks , Tax Break , High Tech Manufacturers , Tax Code , Made In America , Tax Reforms ,