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Forum Post: Solutions to Outsourcing in India

Posted 2 years ago on Feb. 10, 2012, 11:29 p.m. EST by JJJJEEEEE (0)
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Ideas? -Tax breaks for companies that create domestic jobs?

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[-] 1 points by ARod1993 (2420) 2 years ago

Possibly; what I was thinking was a Living Wage Tax Credit, in which corporations would get back $12.5K per job created in the US, provided that the job in question goes to someone unemployed for 30 days or more and pays at least twice the federal minimum wage. Alongside that I would eliminate all tax deductions to corporations doing more than 20% of their manufacturing overseas and assess a $12.5K penalty per job cut and twice that per job outsourced.