US firms against Obama’s tax
Posted June 10, 2009on:
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.