Thursday, May 17, 2012
In the United States, the political focus of the Obama Administration has been on keeping jobs in America. This is greatly influencing U.S. outsourcing solutions by creating incentives for U.S. companies to insource or local source their business process outsourcing to U.S.-based companies.
A bill introduced by Democratic lawmakers and highly supported by President Obama would provide a 20 percent tax credit to U.S. companies for the cost of bringing jobs and business operations back to America. The bill would also end tax breaks for companies that send jobs overseas.
The bill follows suit with the President's January "Insourcing American Jobs" forum, which focused on the Administration's goal of creating jobs for America and incentives for American companies to "insource" business operations rurally.
Vice President Biden's comments at the forum indicate the Administration's focus and direction for 2012 outsourcing solutions, “Since day one, this Administration has been focused on encouraging investment and job creation here at home. The business leaders coming here from across the country today have looked at the facts and concluded what the President and I have been saying all along: that America is the best place in the world to do business and create jobs."