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Thread: Ballmer to Obama: Raise taxes and we're gone.

  1. #1
    Magnificent Bastard Pale.Rider's Avatar
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    Ballmer to Obama: Raise taxes and we're gone.



    DailyTech - Microsoft CEO to Obama: Drop Tax Break Cuts or We'll Send Jobs Overseas

    It takes an incredibly powerful company to threaten the U.S. government in hopes of impacting a significant decision, but that's precisely what Microsoft is doing. Microsoft CEO Steve Ballmer made headlines when he publicly attacked President Barack Obama's plan to cut tax breaks on U.S. companies' foreign profits, a plan which is currently awaiting Congressional approval.

    Mr. Ballmer suggests that if the tax succeeds, Microsoft may begin a significant move out of the U.S., taking with it tax revenue and jobs. He states, "It makes U.S. jobs more expensive. We’re better off taking lots of people and moving them out of the U.S. as opposed to keeping them inside the U.S."

    The plan, proposed by President Obama on May 4, seeks to help raise tax revenue and balance the budget by rolling back $190B USD in tax breaks for offshore companies over the next decade. Microsoft is not the first to oppose the measure -- the National Foreign Trade Council, the U.S. Chamber of Commerce and the Business Roundtable are among the numerous others to voice their disapproval.
    Just what we need to stimulate the economy, one of our largest companies fleeing unjustifiably high taxes.

  2. #2
    may the Bruce be with you CoffeeShark's Avatar
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    one?

    All of them will do the same thing. when you raise corporate taxes, corporations leave. It's simple and proven, over and over.

  3. #3
    WHERE IS GOD DennyCrane's Avatar
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    It happens in stages. People are fleeing California and New York because of the confiscatory taxes against the producers to fund the non-producers. When it escalates to a federal level (and the word "federal" is almost meaningless now... we're anything but a federated republic anymore), there's no choice but to begin to pull up stakes and leave for another shore.


    &nb4 "m$ sucks dooood whooooo!"
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  4. #4
    Beagle Rancher Gantua's Avatar
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    My god I hope folks remember this in the mid terms.

  5. #5
    Coffee Goferr MundaneRaptor's Avatar
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    The majority of people have the memory of a goldfish when it comes to these things. Check out how despite all this stupid crap their doing the approval rating of congress and the president has not dropped an inch. Of course that could be from media tampering but we shall see...

    I tell ya what though, if Microsoft leaves... we're f**ked! Huge Job Loss and it's likely going to start a chain reaction of events.



    Writer: Ugh, this post is heavy! Someone get me a wooden beam!
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  6. #6
    Beard-triguing Unbroken's Avatar
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    I can see it now...

    New Mac commercials showing Ballmer as a criminal and an anti-American for saving his company money and "robing Americans of jobs"
    Shotty h4x FTW!!!

    :Rig:
    -(Asus P7P55D)-(Intel Core i7 860 @ 2.8ghz)-(4GB G.Skill Ripjaw DDR3 1333)-(Saphire Radeon HD 4870 1GB DDR5)-(Antec 850w)-

  7. #7
    WHERE IS GOD DennyCrane's Avatar
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    "We can't allow them to leave."
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  8. #8
    Registered User DWall's Avatar
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    just legalize weed already, christ.

    Intel i7 920 2.67Ghz - GeForce GTX 670 - ASUS Sabertooth X58 Mobo - CORSAIR DDR3 6GB RAM - Antec 900 Case - Antec EarthWatts EA750 750W PS - Razer Mamba/Anasi

  9. #9
    aka Boji-Chan Bojingles's Avatar
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    My uncle started his company, Hot Hed International, in the US and moved it out of country to avoid the outrageous taxes and then he even went further to get out of the crazy taxes by changing citizenship. He's no longer a US Citizen but he's a damn millionaire that doesn't pay very much in taxes any more.
    Edited by Teck:
    did you really just ask if Bo has his cwp?

    he shot his name into the application form from 1000 yards... while on a Segway... One handed with his USP in .45ACP... While doing pushups AND eating his sandwich...

  10. #10
    yolo, act like it akabaloo's Avatar
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    Tell him to buy a house so we can host the SR LANs in it!

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