Reich? Wrong.(Correspondence)(Letter to the Editor)
American Prospect, The, March, 2004 by Baker, Dean
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ROBERT REICH'S PROPOSALS to help American workers without being protectionist don't pass the laugh test ["It's Jobs, Stupid," February]. Reich proposes to allow corporations full deductibility of payroll for outsourcing of jobs to American workers, but only 50 percent deductibility if foreign workers are hired. If anyone has trouble recognizing this as protectionist, just imagine that purchases of foreign steel were only 50 percent deductible, while purchases of domestic steel were 100 percent deductible.
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In many ways the spread of foreign outsourcing, especially to ...
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