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In yesterday’s economic summit hosted by her campaign, Hillary Clinton announced her proposal for “Jobs for the 21st Century.” According to Hillary’s Web site:
“Her insourcing plan would enact the largest expansion of tax benefits for research and job growth; create at least 15 new “Innovation and Research Clusters” across the country, launch a new “Insourcing Markets Tax Credit” to spur business investment communities facing global competition, and catalyze the 21st Century manufacturing sector with several bold new programs, including the “Made Green In America” Fund, which would provide $500 million annually in investments to encourage the creation of high-wage jobs in clean energy manufacturing technologies.
“We reward companies like Exxon-Mobil who park $56 billion in profits overseas because they don’t have to pay a dime in U.S. taxes on those profits. And we’re using your tax dollars to reward companies that ship your jobs overseas,” said Clinton. “My insourcing agenda is based on a different approach. I believe our government should get out of the business of rewarding companies for shipping jobs overseas, and get back into the business of rewarding companies that create good, high-wage jobs – with good benefits – right here in America.”
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“Her insourcing plan would enact the largest expansion of tax benefits for research and job growth; create at least 15 new “Innovation and Research Clusters” across the country, launch a new “Insourcing Markets Tax Credit” to spur business investment communities facing global competition, and catalyze the 21st Century manufacturing sector with several bold new programs, including the “Made Green In America” Fund, which would provide $500 million annually in investments to encourage the creation of high-wage jobs in clean energy manufacturing technologies.
“We reward companies like Exxon-Mobil who park $56 billion in profits overseas because they don’t have to pay a dime in U.S. taxes on those profits. And we’re using your tax dollars to reward companies that ship your jobs overseas,” said Clinton. “My insourcing agenda is based on a different approach. I believe our government should get out of the business of rewarding companies for shipping jobs overseas, and get back into the business of rewarding companies that create good, high-wage jobs – with good benefits – right here in America.”
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