Michigan Democratic Senator Debbie Stabenow will introduce legislation she says will lure U.S. companies who’ve moved their operations overseas back home.
Stabenow visited Lansing Community College’s west campus to announce the “Bring Jobs Home Act.” The measure would end tax loopholes that encourage companies to leave the country, and offer a tax credit to cover 20 percent of their cost to resume operations in the U.S. Stabenow says the tax code needs to be modified to keep workers from paying for their own companies’ move.