The Real Sufferer of Obama’s Pledge
Saturday, March 7th, 2009“US President Barack Obama pledged to end tax breaks for corporations that send US jobs overseas.” (Source: Indian express)
According to Obama administration, there will be no tax benefits for US firms that outsource their jobs overseas. As a justification to the decision, it has been stated that it would restore a sense of fairness and balance to US tax code and will create/save millions of the jobs in the country. (more…)