Quote:
Orginally posted by BlueLobster
I think with all its flaws, it is still the greatest country in the world and the bottomline is the world needs America and Americans. And I'm saying this despite the fact that I love Canada or India way more than I do the states.
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US & them: Taxing times for Infy
CHIDANAND RAJGHATTA
TIMES NEWS NETWORK[ TUESDAY, MARCH 09, 2004 12:10:29 AM ]
TORONTO: Under attack from anti-outsourcing groups for alleged infractions ranging from stealing American jobs to avoiding paying US taxes, Indian infotech companies may be looking at neighbouring Canada to escape the toxic atmosphere being created by a small group of anti-outsourcers .
At least three IT majors – TCS, Wipro and Infosys --have set up operations in the vastly more congenial environs of Canada, and going by the increasingly poisonous mood being whipped up in the US, others may follow suit.
Over the weekend, Infosys, a company that has set high ethical standards for itself, was target of a vicious attack in California where it was accused of "stealing" local jobs and tax payer money.
The startling comment came from a local official and a lawmaker who opposed Infosys seeking state tax relief under an alternative filing methodology permitted by the California tax code.
In the dispute, Infosys, which has its US headquarters in Fremont, California, argued that the standard tax formula computed by the state failed to take into account that two-thirds of Infosys project work was done offshore in India, and that there was a 9 to 1 differential in the wages between its staff in India and in California.
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"Change before you have to" : Jack Welch
Welcome to Desi companies. I hope they hire even 10 % of us...should be a good start.
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I once made a mistake, but I was wrong about it.
I would rather be unemployed in the US than unemployed in Canada/India.
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i am back
Why so, Beauty?
Thanks and regards.
Biomed
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"Change before you have to" : Jack Welch
Just coz. *sigh* . I miss good ole USA.
I guess being unemployed in the US, you still have some hope of getting something in your field eventually... it's the "land of opportunity". You just have to work at it.
But in Canada, no matter how hard you work at it, there's always ten more ahead of you with similar qualifications, and it's pure luck who gets what in the end. So you end up on EI (if you were lucky enuf to have a job b4) or u just do odd jobs to survive.
In India, even survival is .. paisa paisa paisa.
In my opinion, the US has a lot more opportunity. Even during recession time, it's where you want to be. Canada may have golden doors, but its streets are just paved cement. No yellow brick road here.
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i am back
Another article on this issue:
http://economictimes.indiatimes.com/articleshow/577781.cms
Thanks and regards.
Biomed
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"Change before you have to" : Jack Welch
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