Sentences with phrase «corporations racing to the bottom»

With so many U.S. corporations racing to the bottom — moving manufacturing to foreign countries for cheap labor and no environmental responsibility, taking advantage of the H1 - B Visa program to bring cheap workers in, lowering benefits and eliminating pension plans — it's refreshing to learn that some companies are taking the exact opposite approach.

Not exact matches

He will also make the argument that this Government is not prepared to clamp down on tax avoidance, but instead wants to engage in a race to the bottom in low corporation tax rates.