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HIRE ACT, Make sure you are watching which Senators say no

Posted on 9/20/25 at 1:19 pm
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42837 posts
Posted on 9/20/25 at 1:19 pm
This bill would imposing a 25% tax on outsourcing.

HIRE ACT

You will find out real quick who actually believes in the Middle Class.
Posted by back9Tiger
Island Coconut Salesman
Member since Nov 2005
17560 posts
Posted on 9/20/25 at 1:42 pm to
And who is getting kickbacks.
Posted by hob
Member since Dec 2017
2341 posts
Posted on 9/20/25 at 1:47 pm to
quote:

A “foreign person” is defined broadly to include all non-U.S. persons, with an exception for corporations or partnerships organized under the laws of a U.S. possession.


What does it mean to be a US corporation?
My employer has 20k employees in India and that number is growing. Seems like this would have no impact.

Posted by Jorts R Us
Member since Aug 2013
16843 posts
Posted on 9/20/25 at 2:15 pm to
quote:

What does it mean to be a US corporation? My employer has 20k employees in India and that number is growing. Seems like this would have no impact.


How do you figure?
Posted by Gifman
Member since Jan 2021
17123 posts
Posted on 9/20/25 at 2:25 pm to
quote:

Seems like this would have no impact.


A 25 percent hike per head would have a massive impact
Posted by hob
Member since Dec 2017
2341 posts
Posted on 9/20/25 at 2:43 pm to
Company has 60k employees. 20k sit in India. So instead of bringing them to the US they just move the jobs to India. It looks like there’s an exception for US Corporations.
Posted by Jorts R Us
Member since Aug 2013
16843 posts
Posted on 9/20/25 at 2:45 pm to
quote:

Company has 60k employees. 20k sit in India. So instead of bringing them to the US they just move the jobs to India. It looks like there’s an exception for US Corporations.


That's not what that's saying.
Posted by hob
Member since Dec 2017
2341 posts
Posted on 9/20/25 at 3:12 pm to
Ok, according to ChatGPT:

• The distinction here is whether those 20k people are:
1. Employees of the U.S. corporation (or a U.S. entity)
? not taxed.
2. Employees of a foreign subsidiary or third-party vendor ? payments to that foreign entity may be taxed.
Posted by Jorts R Us
Member since Aug 2013
16843 posts
Posted on 9/20/25 at 3:39 pm to
quote:

Ok, according to ChatGPT: • The distinction here is whether those 20k people are: 1. Employees of the U.S. corporation (or a U.S. entity) ? not taxed. 2. Employees of a foreign subsidiary or third-party vendor ? payments to that foreign entity may be taxed.


The part you quoted is giving an exception for US possessions. Outsource back office to Mexico and you'll run afoul of this proposed legislation. Outsource back office to Puerto Rico and you don't.
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