Microsoft To Move Jobs Offshore

Microsoft Corp. Chief ****utive 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.”

http://www.bloomberg.com/apps/news?p...d=aAKluP7yIwJY

Outsourcing isn't good for the U.S. economy.