Obama Wants Tax Incentives for 'Insourcing' Jobs

>Bloomberg> President Barack Obama wants new tax incentives to reward companies that invest in U.S. expansion or bring back jobs from overseas and elimination of tax breaks to companies that move jobs outside the country.

At a White House forum... with representatives from more than a dozen companies, including Ford Motor Co. and Intel Corp., Obama said more must be done to encourage business investment and job creation.

The tax initiatives will be part of the fiscal 2013 budget plan that is set to be sent to Congress the first week of February.

read the full article >Bloomberg>

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