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… be subject to a lower tax rate than domestic profits.  Any preferential tax rate on offshore profits is a tax break for outsourcing jobs. These are all ways of taxing offshore corporate profits more lightly than domestic profits, and thus making offshore investment more attractive to corporations than domestic investment. Corporations claim they need outsourcing tax breaks to be “competitive.”  But this argument confuses the interests of multinational corporations with the … analysis to fuel their corporate profits in an attempt to drive their tax burden even lower. Ending all tax subsidies for outsourcing means $583 billion in tax revenue over 10 years.  This is the amount of tax revenue that could be made available …