Voters should care about this bill because it addresses a long-standing debate about corporate tax fairness and whether large companies are contributing adequately to federal revenue, especially when they operate internationally. If this bill becomes law, it could reduce the financial incentive for U.S. companies to move jobs, profits, or intellectual property overseas to lower their tax burden. This could potentially encourage more domestic investment and job creation, aligning with the bill's stated goal of discouraging outsourcing.

If the bill does not become law, the current tax rules for foreign-earned income and foreign tax credits would remain in place. This would mean that existing incentives for corporations to manage their international operations in ways that minimize U.S. taxes would continue, potentially impacting domestic economic activity and the amount of tax revenue collected by the government. The bill aims to level the playing field, ensuring that profits earned by foreign subsidiaries face a U.S. tax much closer to what domestic profits face.