Can Obama curb offshoring with tax code?

President Barack Obama on Monday unveiled tax code changes that he said could curb offshoring, but analysts and tax experts believe the plan will have little or no impact on the megatrend that threatens as many as one in four IT jobs at large companies. The criticism boils down to this: It isn't the tax code that created the offshore outsourcing industry over the last decade; it's the low cost of highly skilled labor.

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