It turns out that when you raise taxes on businesses… you push American jobs overseas.  Here’s Steve Ballmer yesterday:

June 3 (Bloomberg) — Microsoft Corp. Chief Executive 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.”

If we don’t provide a competitive tax environment for our businesses here in the U.S. then we will continue to loose jobs well into the next decade… far outpacing the 2.5 million jobs the stimulus supposedly ‘created’ (or was it 2.5 million saved?  who knows.)  The fact of the matter is that Obama has done NOTHING to reduce business costs…  NOTHING… even when those businesses are laying people off right and left.  In fact, he wants to RAISE the costs of doing business.

This is nothing more than economic ignorance on display.

via Ballmer Says Tax Would Move Microsoft Jobs Offshore (Update3) – Bloomberg.com.