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View Full Version : "Microsoft To Obama,Raise Our Taxes and We Go Overseas !"



megimoo
06-03-2009, 02:44 PM
Ballmer Threatens Obama, Says He'll Move Jobs Overseas (MSFT)

You wanna raise taxes on Microsoft? Fine, accept the consequences.

Despite all the harrassment it took during the Clinton years, Microsoft (MSFT) is still regarded as a fairly Democratic-friendly company. But CEO Steve Ballmer has a message to Barack Obama: Start taxing overseas profits, and we'll offshore more of our jobs. Bloomberg: In a roundtable discussion today, Ballmer, Symantec Corp. Chairman John Thompson and the heads of smaller companies such as privately held Bentley Systems, an Exton, Pennsylvania-based maker of engineering software, said such policies would hurt domestic investment, reduce shareholder value and increase the cost of employing... snip

In a roundtable discussion today Ballmer, said such policies would hurt domestic investment, reduce shareholder value and increase the cost of employing U.S. workers.

snip

Ballmer said that, while the Obama proposals would preserve expense deductions related to research and experimentation costs, the overall deduction limits for companies that defer tax on foreign profits would raise the cost of employing U.S. workers. Fiduciary responsibility to shareholders would require Microsoft to cut costs, he said, meaning many jobs would be moved out of the country.


http://www.businessinsider.com/ballmer-threatens-obama-says-hell-move-jobs-overseas-2009-6

wilbur
06-03-2009, 03:10 PM
Overseas where?

European countries and the EU have been much tougher on MS over the years regarding their monopoly. We consistently let them off the hook, but the EU has never been as understanding.

FlaGator
06-03-2009, 03:15 PM
Overseas where?

European countries and the EU have been much tougher on MS over the years regarding their monopoly. We consistently let them off the hook, but the EU has never been as understanding.

India for development and maybe China fordistribution.

BadCat
06-03-2009, 03:21 PM
India for development and maybe China fordistribution.

India and Pakistan.

They have large numbers of US educated software engineers who are more than happy to work for $6000 / year.

FlaGator
06-03-2009, 03:46 PM
India and Pakistan.

They have large numbers of US educated software engineers who are more than happy to work for $6000 / year.

And a lot of U.S. companies already have development centers in India so expanding them wouldn't be much of a problem.

Gingersnap
06-03-2009, 03:50 PM
Overseas where?

Ireland, according to the article.

megimoo
06-03-2009, 03:54 PM
India for development and maybe China fordistribution.
Sounds about right and the business climate is much friendlier .It surprises me that a progressive/Liberal like Wilbur would be so hard on Microsoft,He must be an Apple Code Kiddie !By the time Obama is done America will be a slag heap !

BadCat
06-03-2009, 03:58 PM
Micro$oft already employs a LARGE number of Indian and Paki software engineers, which they sponsor on H1B Visas.

Partially explains why Windows is a piece of crap.

megimoo
06-03-2009, 04:17 PM
Micro$oft already employs a LARGE number of Indian and Paki software engineers, which they sponsor on H1B Visas.

Partially explains why Windows is a piece of crap.
Any operating system has problems when you start loading a bunch of new crap on it that it was never designed to support.They sort of 'evolve' into a collection of 'bleeding wounds' that have to be constantly patched up .

'XP' has been remarkably resilient and robust thus far but it has problems still .The more 'milage' an operating system has on it the better it is but there is a limit.However with a new cut and realise we start all over again with new sources of problems .

Constitutionally Speaking
06-03-2009, 08:25 PM
Overseas where?

European countries and the EU have been much tougher on MS over the years regarding their monopoly. We consistently let them off the hook, but the EU has never been as understanding.


They will go where ALL such enterprises go - to those countries that appreciate them and have the workforce with enough skill for there particular business. In this case, it would likely be India

Teetop
06-04-2009, 12:07 AM
I live in Texas. California has moved many dairies to Texas. Why? Because they can buy land here, with less restrictions on water rights, at a cheaper price and without the out of control taxation of California.

Comapnies move where labor overhead is cheapest.

That's what the morons in government don't "get".

PoliCon
06-04-2009, 01:46 AM
Overseas where?

European countries and the EU have been much tougher on MS over the years regarding their monopoly. We consistently let them off the hook, but the EU has never been as understanding.

Singapore perchance? OR Dubai. Ireland even. There are plenty of countries less hostile towards business were these companies can relocate.

PoliCon
06-04-2009, 01:47 AM
I live in Texas. California has moved many dairies to Texas. Why? Because they can buy land here, with less restrictions on water rights, at a cheaper price and without the out of control taxation of California.

Comapnies move where labor overhead is cheapest.

That's what the morons in government don't "get".

Correction - that's what the idiots on the left don't get - which accounts for the majority of the morons in government and the idiots who vote them in as well :)