Moneycontrol PRO
HomeNewsOpinionThe Hire Bill: Taxing efficiency

The Hire Bill: Taxing efficiency

The proposed HIRE Act would impose a 25 percent tax on US companies' outsourcing payments while eliminating tax deductions for overseas labour expenses, potentially pushing nearly 900,000 Americans into poverty by 2026

September 11, 2025 / 11:20 IST
-
Unlock This Article

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

Unlock exclusive discounts