S 1637 - Jumpstart Our Business Strength (JOBS) Act - National Key Vote

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Title: Jumpstart Our Business Strength (JOBS) Act

Vote Smart's Synopsis:

Vote to pass a bill that would provide for $170 billion in tax reductions over 10 years.

Highlights:

  • Provides $5 billion to offset the loss of export subsidies ruled illegal by the World Trade Organization.
  • Provides $65 billion in tax incentives in order to encourage companies to manufacture their products in the US.
  • Provides $39 billion in tax cuts on income earned overseas.
  • Provides $18 billion towards tax reductions relating to energy provision, including oil and gas companies and corn-based ethanol manufacturers.

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