Friday, October 5, 2012

Romney Has ‘No Idea’ About Outsourcing Tax Breaks, But His Economic Plan Makes Them Worse

Romney Has ‘No Idea’ About Outsourcing Tax Breaks, But His Economic Plan Makes Them Worse: "But even Fox News acknowledges that “companies can claim a deduction for the costs associated with moving jobs overseas.” The idea that former Bain CEO Romney wouldn’t know this is simply not believable. Instead, his advisers have argued that this isn’t a “special” tax break for outsourcing — it’s just a deduction like any other cost of doing business."