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Tue Nov 20, 2012, 11:46 AM

 

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

Microsoft isn't happy about a new tax on companies foreign profits

Jason Mick
Daily Tech

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

http://www.dailytech.com/Microsoft%20CEO%20to%20Obama%20Drop%20Tax%20Break%20Cuts%20or%20Well%20Send%20Jobs%20Overseas/article15329.htm

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Reply Microsoft CEO to Obama: Drop Tax Break Cuts or We'll Send Jobs Overseas (Original post)
DaniDubois Nov 2012 OP
LynneSin Nov 2012 #1
randome Nov 2012 #3
Blue_Tires Nov 2012 #19
ProudProgressiveNow Nov 2012 #54
donnasgirl Nov 2012 #51
OneGrassRoot Nov 2012 #4
Igel Nov 2012 #23
OneGrassRoot Nov 2012 #26
AnnieK401 Nov 2012 #61
dixiegrrrrl Nov 2012 #33
lbrtbell Nov 2012 #64
Maraya1969 Nov 2012 #34
Maraya1969 Nov 2012 #35
retread Nov 2012 #40
adieu Nov 2012 #46
jerseyjack Nov 2012 #48
GeorgeGist Nov 2012 #2
sammytko Nov 2012 #12
DaniDubois Nov 2012 #18
denverbill Nov 2012 #52
elleng Nov 2012 #63
Flipper999 Nov 2012 #5
DaniDubois Nov 2012 #21
louis-t Nov 2012 #6
onehandle Nov 2012 #7
B Calm Nov 2012 #8
BlueCaliDem Nov 2012 #9
Ghost in the Machine Nov 2012 #10
Vox Moi Nov 2012 #11
JohnnyRingo Nov 2012 #13
CakeGrrl Nov 2012 #14
Igel Nov 2012 #24
MrsMuir Nov 2012 #15
BlueCaliDem Nov 2012 #31
WinkyDink Nov 2012 #16
BlueCaliDem Nov 2012 #17
DaniDubois Nov 2012 #27
BlueCaliDem Nov 2012 #30
SoCalDem Nov 2012 #20
demwing Nov 2012 #22
RomneyLies Nov 2012 #25
Initech Nov 2012 #28
HopeHoops Nov 2012 #29
lumberjack_jeff Nov 2012 #32
justice1 Nov 2012 #36
Fumesucker Nov 2012 #37
DinahMoeHum Nov 2012 #38
Barack_America Nov 2012 #39
cliffordu Nov 2012 #41
MNBrewer Nov 2012 #42
JaneyVee Nov 2012 #43
retread Nov 2012 #44
HiPointDem Nov 2012 #45
silhouete2 Nov 2012 #47
HereSince1628 Nov 2012 #49
meegbear Nov 2012 #50
bluestate10 Nov 2012 #55
Ed Suspicious Nov 2012 #53
Doremus Nov 2012 #56
elleng Nov 2012 #57
d_r Nov 2012 #58
valerief Nov 2012 #59
TheBlackAdder Nov 2012 #60
plethoro Nov 2012 #62
lbrtbell Nov 2012 #65
krawhitham Nov 2012 #66
Angleae Nov 2012 #67
WCGreen Nov 2012 #68

Response to DaniDubois (Original post)

Tue Nov 20, 2012, 11:48 AM

1. Microsoft does that and it'll be the last Microsoft product I ever buy

nuff said.

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Response to LynneSin (Reply #1)

Tue Nov 20, 2012, 11:50 AM

3. Problem is, they'll do it so gradually, we won't notice.

Better to boycott them now for even threatening to do this.

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Response to randome (Reply #3)

Tue Nov 20, 2012, 12:27 PM

19. The problem is MS is probably going to do this no matter what happens in Washington

Ballmer just wants a convenient scapegoat to shuffle the blame off to....

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Response to Blue_Tires (Reply #19)

Tue Nov 20, 2012, 02:35 PM

54. +1 nt

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Response to randome (Reply #3)

Tue Nov 20, 2012, 02:30 PM

51. randome

You have the right idea,now is the time people to stand up behind our president and help lead the way,1st thing i would do is tell the cry baby is if he moves over seas he will not sell his product in this country.(Don't let the door hit ya where the good lord split ya) get out and stay out.

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Response to LynneSin (Reply #1)

Tue Nov 20, 2012, 11:50 AM

4. No shit...

This is the first thing I'm reading today.

So damn tired of these billionaire CEOs dictating how this country is run, and people rolling over to accept it without a fight.





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Response to OneGrassRoot (Reply #4)

Tue Nov 20, 2012, 12:34 PM

23. That's not at the core of the statement.

At the core of what was said was that the CEO will dictate how his company is run.

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Response to Igel (Reply #23)

Tue Nov 20, 2012, 12:43 PM

26. But they threaten politicians and the working class ALL THE TIME...

in pursuit of more and more profit (and I fully realize they are legally bound to do just that for their shareholders).

I'm one of those who feels that capitalism has run amok. It's now vulture capitalism, in my view, perpetuating extreme inequality, which destroys this country in various ways.

I don't favor any particular "ism," but the Gordon Gekko mentality has taken over. That's not good for the vast majority of citizens.



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Response to OneGrassRoot (Reply #26)

Tue Nov 20, 2012, 02:47 PM

61. Believe me, you're not the only one who feels that way.

I couldn't agree more.

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Response to LynneSin (Reply #1)

Tue Nov 20, 2012, 01:08 PM

33. I have already boycotted Microsoft for you.

Their attitude has bothered me for years.

Could not believe the difference between Windows and Linux computing...it was a joy to make the change.

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Response to dixiegrrrrl (Reply #33)

Wed Nov 21, 2012, 02:06 AM

64. Linux is fantastic!

I haven't upgraded a Microsoft product since Windows 98SE. Between the greed and the constant imitation of Apple products, I got sick of it.

If I wanted a Mac, I'd buy one.

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Response to LynneSin (Reply #1)

Tue Nov 20, 2012, 01:19 PM

34. Just talked to the CEO'S secretary and she gave me his direct email!!!! Tell him you are

boycotting them NOW.

ceooff@microsoft.com

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Response to LynneSin (Reply #1)


Response to LynneSin (Reply #1)

Tue Nov 20, 2012, 02:09 PM

40. At least that will save you from Windows 8.

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Response to LynneSin (Reply #1)

Tue Nov 20, 2012, 02:20 PM

46. Better yet

Obama can tell Microsoft, "If you move overseas, we can no longer buy foreign products for government services."

You can bet Google and Apple would be salivating for a piece of the multi-billion dollar IT services pie in government systems. That would be a death knell for sure for Microsoft. MS's only revenue generating endeavor (outside of Xbox and possibly Kinect) is Windows and the software suite of Word/Excel/Powerpoint. Those are the only thing making money for MS. You don't think a threat by the government to transition away from those to Apple and Apple's Pages/Numbers/Keynote or Google's online versions of the same would make Microsoft squirm?

Nice try, Ballmer. How about you trying to innovate and creating insanely great products instead of copy-pasting from Apple or Google?

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Response to LynneSin (Reply #1)

Tue Nov 20, 2012, 02:25 PM

48. I gave up Microsoft two years ago.

 

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 11:50 AM

2. June 4, 2009

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Response to GeorgeGist (Reply #2)

Tue Nov 20, 2012, 12:03 PM

12. three year old article,,,,

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Response to GeorgeGist (Reply #2)

Tue Nov 20, 2012, 12:25 PM

18. Does it really matter when he said it? The point is, this is what we're up against.

 

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Response to DaniDubois (Reply #18)

Tue Nov 20, 2012, 02:31 PM

52. Yes it does matter. It implies this is a recent decision.

What happened to those tax breaks since then?

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Response to denverbill (Reply #52)

Tue Nov 20, 2012, 02:49 PM

63. Right, it does matter, long thread assuming this is a NEW decision/revelation.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 11:52 AM

5. So sick of this corporate bully bullshit!

I wish we had a massive tax penalty in place for any domestic company that intends to shift production overseas.

"Want to abandon the US? Fine! Pay up suckers!"

We could even call it something fun like 'the sweatshop tax'. A big stinking disincentive for all corporations threatening to relocate to countries where workers are treated like skilled cattle.

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Response to Flipper999 (Reply #5)

Tue Nov 20, 2012, 12:30 PM

21. The sweatshop tax would be perfect!

 

What I don't understand is how they're going to keep selling their products for high dollar when all of the labor in the world makes peanuts? Who's going to be left to afford their goods?

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 11:53 AM

6. Such a patriotic guy, Mr. Ballmer.

"If you don't give me what I want, I'll wreck this place!"

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 11:55 AM

7. Bill Gates' college roommate has ruined Microsoft. After the Windows 8/Surface debacle...

...he's desperate to raise cash.

Everyone around him has been fired. He's next.

I can't wait for 2013.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 11:56 AM

8. Never negotiate with Blackmailers!

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 11:59 AM

9. What this overpaid blowhard fails to acknowledge is, without the Internet

Microsoft wouldn't be as big as it is today. It would have been nothing but a glorified word processor had the government not invested in R&D, specifically, the opening of the Internet using taxpayer dollars. Now he's threatening to cut jobs and move out of the country if Microsoft is forced to pay its fair share??

That bloviating fool acts as if he's god and forgets that taxpayer dollars paid for the information superhighway that made Microsoft big, but now he's got his, he's saying fuck you, America! How patriotic.

This is not going to bode well for Microsoft. He should ask Metz, the owner of a few Denny's restaurants who has to backtrack his earlier rant about Obamacare surcharges, or WalMart, that is suffering a backlash ahead of Black Friday. Even giants have their weak spots and that weak spot is the angry consumer.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:00 PM

10. AHEM**** Jason Mick (Blog) - June 4, 2009 9:10 AM

That's where your link goes to....

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:01 PM

11. There ought to be a law department: If a company wants to outsource jobs overseas ....

then the first jobs to be shipped should be the CEO and staff positions.
Welcome to China, Mr. Ballmer!

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:08 PM

13. On edit: Now that I see that it's an old article, I rescind and delete my reply.

Please don't get people needlessly fired up about historical events.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:12 PM

14. The article is from 2009

I suppose we could see if they renew their threat now that the 2012 election's over...

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Response to CakeGrrl (Reply #14)

Tue Nov 20, 2012, 12:36 PM

24. They will, if the economic analysis says is best for them.

Or, rather, they'll just take the actions they think necessary and appropriate. Which is what most people do when faced with a new law or requirement.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:23 PM

15. "It makes U.S. jobs more expensive. We’re better off taking lots of people and moving them out of th

"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."
Do American employers think they own their employees? Do they think their employees are "things" they can take with them when they leave the country? Do the employees get a choice? Is there any way that working people can get our overlords to see us as humans and not their livestock?

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Response to MrsMuir (Reply #15)

Tue Nov 20, 2012, 01:02 PM

31. Welcome to capitalistic America, where the employers are the plantation owners of old.

This is why it's crucial that we take away the tax incentives for shipping jobs overseas. Currently, large corporations get huge tax breaks if they outsource jobs instead of keeping them here, and that's what President Obama is trying to stop. Let's hope he and the Democrats find a way to get this done this time around.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:24 PM

16. "taking lots of people and moving them out of the U.S."??????!!!!!!!!!!!!!!

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:24 PM

17. How savvy of you not to include the original date of the article.

Did it give you a good chuckle? Or is there another reason why you felt you needed to post an outdated, over three year old article? Do tell.

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Response to BlueCaliDem (Reply #17)

Tue Nov 20, 2012, 12:47 PM

27. I thought this was general discussion and & this mentality is what we're up against.

 

Social security or being blackmailed by people like this? I thought a reminder important. I started coming to DU to get a break. I get the impression I'd be better off continuing to fight outnumbered at the freeper type forums, then looking for like minded discussion here.

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Response to DaniDubois (Reply #27)

Tue Nov 20, 2012, 12:58 PM

30. My apologies. Please don't go back to FP. It's just, well, maybe it would have helped

had you noted the date in the body of your post. Or it would have helped had you perhaps noted that corporate bosses threatening jobs and firings isn't a new thing.

But whatever you do, please don't go back to FP. It's horrible there.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:27 PM

20. Do they want to relocate to a country that will tax them even more?

or to a country that may have governmental instability?

Call their bluff..

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:32 PM

22. As a Former Microsoft Tech Support Agent, all I can say is

TOO LATE.

You shipped my job overseas back in 2005, so fuck you and the stolen software you rode in on.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:38 PM

25. Tax every job any company sends overseas by 20000%

 

that should stop that fuck, Ballmer.

He's the bastard that let them fuck up Windows beyond all recognition with Windows 8, any way.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:52 PM

28. Another CEO being an asshole.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 12:56 PM

29. You mean we might get decent M$ software in the future?

 

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 01:04 PM

32. Ubuntu. Fedora. Debian.

Open source rules.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 01:31 PM

36. Despite the age and tone of the article, it does make me consider who should get tax breaks.

Companies that provide well paying jobs, should get more tax breaks than companies like Walmart, that create an unnecessary burden on taxpayers, having to subsidize their employees income. Companies need to be encouraged to pay a living wage, and a way to do that is higher taxation, on those that can but don't.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 01:32 PM

37. Two words, Steve

Predator Drones

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:05 PM

38. Neah neah-neah neah neah booga booga booga

Fuck Ballmer.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:08 PM

39. 2-0-0-9. Try again.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:09 PM

41. I haven't purchased an M$ product since '97.

Garbage in, garbage out.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:09 PM

42. Dum dum dum, dum de dum, dum de dum

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:11 PM

43. Article from 2009, Microsoft the biggest donor to Obama 2012 campaign.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:12 PM

44. http://www.ubuntu.com/

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:14 PM

45. because $200K in profit per employee just isn't enough. if bill gates started

 

clutching his heart in the middle of the street i would stand and watch and do a happy dance. that's how much damage he's done to my home, to labor, to education.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:23 PM

47. I clicked the link to the article and it's from 2009

So this isn't anything new then. ????

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:26 PM

49. Microsoft...jes looking for that Window of opportunity to show some patriotism.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:27 PM

50. June 2009 article - Try again fanboy

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Response to meegbear (Reply #50)

Tue Nov 20, 2012, 02:36 PM

55. Thanks to you and other posters for pointing out the article is 3 years old.

What purpose does a person have for printing something that is likely out of date to get a reaction? That is very Freeper-like.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:34 PM

53. What am I not getting here?

If Obama increases tax on foreign profits well shift our business to be more foreign based.? Seriously must be having a reading comprehension failure right about now.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:39 PM

56. Apparently a statement like this is no longer considered anti-American.

Only a few decades ago this treasonous bastard would have been pilloried for making such unAmerican statements. Times have indeed changed.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:44 PM

57. Nothing like the power of a monopoly.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:44 PM

58. Linux was free in 2009

and still is.
Stable and secure and free.
Just go download it.

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:45 PM

59. I thought they shipped all their jobs overseas ANYWAY. nt

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Response to DaniDubois (Original post)

Tue Nov 20, 2012, 02:45 PM

60. You can take that Windows 8 with Office Pro and shove it! It's time for Linux and open source.

Guess what!

If that's your anti-American position, you can shove Windows 8 where it doesn't shine.

My next machines will be running Linux with open source productivity suites. No more MS code!

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Response to DaniDubois (Original post)


Response to DaniDubois (Original post)

Wed Nov 21, 2012, 02:10 AM

65. USE LINUX! It's easy!

You can try it out with a live CD or DVD like Knoppix, which won't alter your computer at all. Play with it, then you can install another version (=distro) when you're ready to make the switch.

Puppy Linux is the easiest Linux to use. You can do a "frugal installation"--the Puppy operating system is just like any other file on your PC, so you don't have to partition your drive to use it. Just do the frugal install, pop in the CD when you want to use it, and Puppy Linux will boot instead of Windoze. Yet you can still use Windoze if you like...it's like dual booting without any risky partitioning.

And it's SO NICE not having to worry about viruses and RAM issues nearly as much as you do with Windoze.

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Response to DaniDubois (Original post)

Wed Nov 21, 2012, 02:10 AM

66. Troll much?

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Response to DaniDubois (Original post)

Wed Nov 21, 2012, 03:27 AM

67. Obama to Balmer.

"If you move overseas I'll issue an executive order changing the entire executive department from Windows to Linux."

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Response to DaniDubois (Original post)

Wed Nov 21, 2012, 03:33 AM

68. then slap a fucking tarrif on their machines before they can sell them in our market...

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