Vikramaditya1
Trusted Member
So, what are they going to do? Shut down American companies operating outside the US? The taxes on Google Microsoft Apple is going to be astronomical. Or every American company Fortune 500. Sounds like a load of bullThe bill, introduced on Friday and known as the "Halting International Relocation of Employment Act" or "HIRE Act," creates a 25% tax on "outsourcing payments" which are defined as any money paid by a U.S. company or taxpayer to a foreign person whose work benefits U.S. consumers.


