H.R. 7559 — To amend the Internal Revenue Code of 1986 to deny deduction for outsourcing payments.

H.R. 7559 — To amend the Internal Revenue Code of 1986 to deny deduction for outsourcing payments. | JustPolicyThe purpose of this legislative proposal is to change the tax rules regarding payments made by businesses to foreign entities for services or labor. Specifically, it aims to prevent companies from deducting these payments from their taxable income, which could encourage businesses to keep jobs and services within the United States rather than outsourcing them to other countries.