June 5, 2009
2:03 am

Steve Ballmer has threatened to move more US jobs overseas if President Barack Obama refuses to change his stance on ending tax breaks on foreign earnings. Steve told Bloomberg that US tax rates made jobs “more expensive.” "We’re better off taking lots of people and moving them out of the US as opposed to keeping them inside the US," he said. Last month Obama put forward plans to outlaw or restrict about $190bn in tax breaks for offshore firms over the next decade.

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