End tax incentives for moving U.S. jobs and profits offshore

Doggett supports ending tax breaks that encourage multinational corporations to move jobs or profits abroad. His No Tax Breaks for Outsourcing Act would tax multinationals’ profits made abroad at the same rate as profits made in the United States, which he says would help small and domestic businesses compete.

Context: The source identifies the bill as proposed in 2021 and reintroduced in 2025; it does not describe its current legislative status.

In their own words

ensuring that large multinationals pay the same rate on profits made abroad as they do here at home.

The source

Lloyd Doggett: Growing Our Economy

Published: Original date not established; campaign context manually checked
Retrieved: 11/10/2026