MSFT to move jobs overseas if Obama’s tax plan passes

My Comments: Interesting quick read.  MSFT isn’t the only company analyzing their tax status.  I know it sounds good to “close tax loops” and many should, but sometimes it just doesn’t make sense.  Honestly, at times I don’t no where the line is either.

Bloomberg Article Excerpt:

Microsoft Corp. Chief Executive Officer Steven Ballmer said the world’s largest software company would move some employees offshore if Congress enacts President Barack Obama’s plans to impose higher taxes on U.S. companies’ foreign profits.

“It makes U.S. jobs more expensive,” Ballmer said in an interview. “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.”

Advertisements

Leave a comment

Filed under Death and Taxes, Economy, President Obama

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s