Senator Ohio provides 25 % tax on companies that depend on jobs abroad

First on the fox: Republican Senator in Ohio Bernie Moreno It provides legislation aimed at punishing companies that depend on jobs and operations abroad while providing financial support at the same time for ways to create American jobs.

The draft law, which was submitted on Friday, known as “stopping the international transition of the recruitment law” or “leasing law”, establishes a 25 % tax on “payment payments for external sources” that are defined as money paid by an American company or taxpayer to a foreign person benefiting from the United States consumers.

The draft law also includes the language of anti -abuse to prevent avoiding taxes across American territory and requires US companies to fully disclose all the payments of external sources and contracts. Companies will also be banned from the deduction of any payments for external sources.

The funds collected will be used to spend on workers abroad to support vocational training programs in the United States as well as manpower development programs.

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In addition, the legislation, if approved by Republican -controlled Congress and signing by the Republican President, will prevent companies from dealing with external payments as basic erosion payments when calculating their basic erosion and abuse tax.

“While university graduates in America are struggling to find work, global politicians and C-Suite executives have spent contracts for shipping good-wage jobs abroad to seek slave wages and huge profits-those days have ended,” Moreno told Fox News Digital in a statement.

Trump says the United States “will be overwhelmed by jobs” as foreign countries avoid definitions.

“It is time to fight for Americans from the working class and ensure their ability to work and retire in dignity. If companies want to employ foreign workers instead of Americans, my bill will strike them as they hurt me: their jeep books.”

Moreno’s bill comes in the background of the Trump administration, which promotes its efforts with a focus on employment within the United States for jobs for the newly born citizens, most notably the news I reported Fox Business Last month, the American birth Job growth Almost 2 million have increased in the past 12 months, as jobs between individuals born abroad decreased during the same period, according to BLS statistics office data.

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At the same time, the number of individuals born abroad 16 and jobs in the United States decreased by about half a million, 452,000, from July 2024 to the same month in 2025.

Peter Bender from Fox News Digitter contributed to this report