To amend the Internal Revenue Code of 1986 to provide investment incentives for any corporation with a majority of its manufacturing operations in the United States.
Jobs Friendly America Act - Amends the Internal Revenue Code to allow accelerated depreciation for equipment used by any corporation having a majority of its manufacturing equipment in the United States.
Reduces corporate and individual capital gains rates.
Repeals the deferral on earnings of controlled foreign corporations invested in excess passive assets.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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