Stop Offshoring
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Wednesday, May 13, 2009
 
President Obama continued his support for American workers when he complained about the current tax code that "says you should pay lower taxes if you create a job in Bangalore, India, than if you create one in Buffalo, New York." Clearly, something is wrong if American companies find it more profitable to expand overseas than within their home country. I don't know if Obama's plan to remove tax deferrals will work or will even pass, but I'm glad that the President realizes something needs to be done and is working toward that end.


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