Promotes global expansion of U.S. companies. Congress routinely passes these types of tax-extender bills without providing revenue offsets. Ends costly uncertainty to businesses in regard to tax issues.
Motivates U.S.-based multinational corporations to keep profits out of the U.S. Disproportionately benefits the rich. Moves jobs out of the U.S. Reduces federal income by almost six billion a year for the next ten years.