Ancy's Blog

“Obama wants US companies to remain most competitive in the world”

Posted on: May 5, 2009

WASHINGTON: ‘Say no to Bangalore and yes to Buffalo,’ seems to be the latest mantra of US President Barack Obama as he struggles to bring the  ailing American economy back on track.

Meeting one of his major election promises, Obama yesterday announced end to years of tax incentives to those US companies which create jobs overseas in places like Bangalore. Instead, the incentives would now go to those creating jobs inside the US, in places like the Buffalo city — bordering Canada in upstate New York...Read More..

Courtesy from Times of India


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