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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (486003)6/5/2009 6:40:25 PM
From: tejek  Respond to of 1574757
 
But now the assholes are upset because Obama is tightening the tax laws and so they're going to take their marbles and go play in another yard.

I don't understand how he is going to save money by moving employees overseas when he will have to actually pay taxes on overseas profits.


I don't think he knows. He heard Obama talking about cutting off a tax loophole and freaked.......he's worried that he won't be able to add to his nearly $40 billion pile of cash-on-hand in 2009.

When did it become the primary goal of a corp. to accumulate as much cash as Fort Knox?



To: Road Walker who wrote (486003)6/6/2009 4:07:12 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1574757
 
RW, > I don't understand how he is going to save money by moving employees overseas when he will have to actually pay taxes on overseas profits.

Probably the same way Intel and AMD saves on development costs by opening up development sites in India.

Tenchusatsu