ALBANY, N.Y. (AP) — U.S. Sen. Charles Schumer says changes to federal tax rules could prevent companies from sending jobs overseas — and potentially prompt some businesses to bring jobs back to New York state.
The Democrat told reporters Wednesday that he’s supporting legislation that would provide a 20 percent tax credit to businesses that bring outsourced jobs back to the United States. The bill would also eliminate incentives for companies to move jobs out of the country.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.