Recently Mr.President slams American companies for outsourcing.
He said
“If you are a multinational and you are investing in India, and your workforce is in India, and your plants and equipment are in India, but your headquarters are here, you are taking deductions on all the expenses in India, but you are keeping your profits outside the United States, that just doesn’t seem entirely fair,”
What you say ?
What steps are practical and feasible for outsourcing firms ?