Clinton Backs Rescinding Tax Breaks for Moving Jobs Overseas
- Top Democratic nominee appealing to workers in Rust Belt
- Speech comes before a series of election primaries in Midwest
Democratic presidential candidate Hillary Clinton speaks to supporters during a rally at the Javits Center following Super Tuesday on March 2, 2016 in New York City.
Photographer: Andrew Renneisen/Getty ImagesThis article is for subscribers only.
Democratic presidential candidate Hillary Clinton proposed rescinding tax relief and other incentives retroactively for U.S. companies that move jobs and operations overseas.
Clinton unveiled the proposal, aimed at encouraging firms to invest at home, in a speech on Friday at Detroit Manufacturing Systems, an automotive supplier. It would apply to incentives including the R&E tax credit and the Section 199 domestic production dedication and may date back "several previous years," her campaign said in a statement.