Friday, November 7, 2008

Tech Companies Moving Assets Offshore

The writing is on the wall. The O will raise corporate taxes like you've never seen before. After all its Spread the Wealth.

Yahoo! is planning to move its assets overseas to avoid what is expected to be higher corporate taxes in The O era. The IRS plans enforcement action to counteract it. So what will this lead to? Likely companies completely leaving the USA and potentially refusing to do business here.

You do know most tech company executives are moonbats that likely gave money to The O. Tax YOU but not ME.


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