Will Expensing Cost the U.S. Jobs?

In a late lobbying blitz in Washington, tech execs claim new accounting rules could force them to send work overseas

Thirty-five year chip industry veteran E. Thomas Hart plans on doing something unprecedented. At an upcoming monthly staff meeting, the chief executive of chip design company QuickLogic Corp. (QUIK ) will talk politics. Hart will urge more than 100 employees in Sunnyvale, Calif., to write members of Congress asking them to support bills that would put off rules requiring companies to expense stock options. "We're telling our employees that if this matters to you, you ought to stand up and be counted," says Hart.

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