Comments on: Microsoft Warns Of Tax Law Consequences

[McHineguy]

And now coming to a laptop in your neighborhood.

Talk is Acer will be using it on a laptop...
Posted by ioweign at 2:22 PM : Jun 5, 2009

That could be. Sooner or later Windows will be replaced. That doesnt change what Balmer is telling the Feds. If you tax a software business more than somone else, they will take their corporate profits somewhere else, and the jobs, and the technology. I just dont see why its so hard for people to see that.

[McHineguy]

I say shut the door behind them. It's not as if they provide secure software anyway. How often do we hear about hackers from all over the planet compromising their software. Looks like we need a new US loyal company that will provide a secure operating system. Might be able to save that 50 billion a year we now spend to fight cyber terrorism.
Posted by rightaboutit at 2:25 PM : Jun 5, 2009

And another job bites the dust. I feel the same about GM and Chrysler.

[McHineguy]

I think your quote comes from someone who is not familiar with our system of Democracy, or has another agenda, as it seems out of kilter.
Posted by nofoolling at 2:00 PM : Jun 5, 2009

My quote is often attributed to Alexander Tyler. But in truth its origins are unknown. It is often quoted when referring to democratic taxation.

The origins of the quote are not nearly as important as the truth of its logic. It makes simple sense to understand that as a democracy chooses to increase benefits to its people, taxes increase and fiscal responsibility fails. No entity can exist for long without fiscal resonsibility. Our US government included. Ask an Californian.

[ioweign]

Google Android
Posted by ioweign at 12:27 PM : Jun 5, 2009

Google Android is primarily an operating system for cell phones and Blackberry. Might be where the new personal operating systems are going, but not the big ones that are used to run business and government. worse, Google Android is an open system that has a small financial base and not much income tax revenue. So, if our goverment plans to raise money by taxing Android we are all in a world of trouble.
Posted by McHineguy at 12:59 PM : Jun 5, 2009

And now coming to a laptop in your neighborhood.

Talk is Acer will be using it on a laptop...

[McHineguy]

What if a higher tariff was placed on American flagged businesses outsourcing overseas? How would Microsoft feel about having to fight their way back into the American market? The United States is the only western country which double taxes its citizens living abroad, so I have no pity for multibillion dollar firms who seem to think they, above all others, deserve to be exempted from taxes which still will not increase the education, health or quality of life of the American people.
Posted by prof_s at 1:48 PM : Jun 5, 2009

Business is not intended to provide you with jobs or pay your taxes so your government can provide you with benefits. Business is in business to make profit or die. You can keep the business here and share in that profit through stock purchase, or you can live like they do in Bangladesh. No business except what foreigners build.

[McHineguy]

What if a higher tariff was placed on American flagged businesses outsourcing overseas? How would Microsoft feel about having to fight their way back into the American market? The United States is the only western country which double taxes its citizens living abroad, so I have no pity for multibillion dollar firms who seem to think they, above all others, deserve to be exempted from taxes which still will not increase the education, health or quality of life of the American people.
Posted by prof_s at 1:48 PM : Jun 5, 2009

Its simple, really. If you place a high tariff on products coming in the country it only raises the price for products sold here. YOU pay that increase while the rest of company sales are free of US taxes. In short, WE lose.

[McHineguy]

Soon, the only thing made in America will be fast food
Posted by lost_america

That is not true. Fast Food will only carry the label:
Assembled in America from products made in various countries.
Posted by veils-2009 at 2:10 PM : Jun 5, 2009

Cant buy fast food if you dont have a job. Maybe the government can feed you along with all that health care its giving you.

[McHineguy]

*****************************************
and have you forgotton that if we have no jobs we can't buy your products no matter how cheap you make them.
Posted by lost_america at 1:43 PM : Jun 5, 2009

No problem, if you cant buy the products then someone else has your job and they will buy them. Get wise America, this sint you against business, its you AND your businesses. If they kill you, they die; you kill them, you die. What does that say about your government? Its the big gorilla in the room and if it takes over, the business dies. Period. You figure out the rest.

[veils-2009]

Soon, the only thing made in America will be fast food
Posted by lost_america

That is not true. Fast Food will only carry the label:
Assembled in America from products made in various countries.

[habu99-2009]

So the past 8 years of do-nothing government and Jabbering Junior's worship of the holy marketplace where business can never do wrong shouldn't have put us in the position we find ourselves in today. When Bush looked the other way, American corporations rushed to ship as many jobs overseas as possible. It wasn't about existing laws and regulations because there was NO enforcement of existing laws, yet they did it anyway. Now the government is trying to close the loophole where corporations pay zero taxes on foreign profits based in tax havens like the Cayman Islands and corporate types are whining that they may have to ship jobs overseas because of that. So they shift jobs offshore when the political climate is in their favor, and they do it when the political climate is not in their favor. And this benefits the large majority of Americans who are neither executives at these corporations nor own stock in them how exactly?