Populist rhetoric from U.S. leaders and President Obama has some
in India outsourcing
enterprises concerned about what kind of role its companies will have in
future technology endeavors with the United States. The big question is, Will
anything happen to the tax code and H-1B visa laws in 2010 that will negatively
affect workers or companies?


President Obama’s first official State of the Union address is a
few weeks old, but its message to American companies that operate subsidiaries
in Asia has some questioning what direction the United States will go with
technology workers, tax incentives and H-1B visas. With an economy slowly
grinding its way out of recession and a populist air of protecting jobs for
American workers, Obama is giving Asian and American business leaders and
companies something to chew on.


In the address, Obama attempted to restate his agenda on jobs
and jobs growth; some have construed these remarks as
“protectionist.”


“To encourage these and other businesses to stay within our
borders, it is time to finally slash the tax breaks for companies that ship our
jobs overseas and give those tax breaks to companies that create jobs right here
in the United States of America,” Obama said.


What was the reaction in Asia? Well, they are not worried about
the tax part.


“The whole issue about taxing companies which were shipping jobs overseas
and taking away tax breaks actually does not relate to the work that is done
out of India or other locations,” vice president of trade organization NASSCOM
(National Association of Software and Services Companies), said in The Economic
Times Jan. 28. “That is really about U.S. subsidiaries which have set up plants
overseas.”

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