Manufacturing Comeback Act of 2012

[AI summary unavailable — showing source text] Manufacturing Comeback Act of 2012 - Amends the Internal Revenue Code to: (1) extend through 2016 the tax credit for research expenditures;  (2) increase to 25% the rate for the alternative simplified research tax credit; (3) extend through 2013 the 100% expensing allowance for depreciable business assets, the taxpayer election to accelerate the credit against the alternative minimum tax (AMT) in lieu of bonus depreciation, and the increased expensing allowance for small business property; and (4) reduce the maximum corporate income tax rate to 25% in 2013. Extends through 2013: (1) the Economic Growth and Tax Relief Reconciliation Act of 2011, and (2) provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce tax rates on dividend and capital gain income. American Manufacturing Efficiency and Retraining Investment Collaboration Achievement Works Act or the AMERICA Works Act - Amends the Workforce Investment Act of 1998, with respect to statewide and local adult and youth workforce investment employment and training programs, to require a one-stop delivery system, in selecting and approving training services or programs of training services, to gi…