Ancy's Blog

US firms against Obama’s tax

Posted on: June 10, 2009

WASHGINTON: A month after US President Barack Obama came out with ‘Say No to Bangalore and yes to Buffalo’ rhetoric, which now echoes in the

corridors of Capitol Hill, American companies have launched a campaign against the new law that ends tax incentives to those firms which create jobs overseas.

The Technology CEO Council, a Washington-based advocacy group of US American tech-companies, released a report which revealed that the policy to end “tax breaks” announced by Obama would result in a job loss of as many as 2.2 million Americans...Read More..

Courtesy From The Times of India.


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