United States President Barack Obama’s State-Of-The-Union Address announcement to slash taxes to American firms to generate jobs in America instead of outsourcing them is likely to create more problems than it solves, both in the US and overseas, analysts say.
The nature of the business will make it difficult to impose tax penalties on US firms that outsource jobs, according to a survey in India by Asia Sentinel of industry officials, independent consultants and financial analysts.
Pingback: Alex Gordon