Biden Announces Tax Measures to Discourage Offshoring

Biden Announces Tax Measures to Discourage Offshoring

Biden for President

Democratic presidential candidate Joe Biden would impose an offshoring surtax on the overseas profits of American companies, and would provide a 10 percent advanceable tax credit for investments in domestic manufacturing, according to a September 9 release from the Biden campaign. 

Democratic presidential candidate Joe Biden would impose an offshoring surtax on the overseas profits of American companies, and would provide a 10 percent advanceable tax credit for investments in domestic manufacturing, according to a September 9 release from the Biden campaign.

Democratic presidential candidate Joe Biden would impose an offshoring surtax on the overseas profits of American companies, and would provide a 10 percent advanceable tax credit for investments in domestic manufacturing, according to a September 9 release from the Biden campaign.

Democratic presidential candidate Joe Biden would impose an offshoring surtax on the overseas profits of American companies, and would provide a 10 percent advanceable tax credit for investments in domestic manufacturing, according to a September 9 release from the Biden campaign. 