This is more of a commentary on the stupidity of US corporate tax policy than on Burger King making the rational business decision of minimizing its tax bill.
1 posted on
08/27/2014 6:54:36 AM PDT by
econjack
To: econjack
I wonder if they’ll mention that BK is owned by Brazilians.
2 posted on
08/27/2014 6:55:09 AM PDT by
dfwgator
To: econjack
BK Just wants to have it their way fo4r a change.
4 posted on
08/27/2014 6:59:01 AM PDT by
Paladin2
To: econjack
I actually think its kind of funny to see Warren Buffet jabbing his adoring liberals in the eye.
5 posted on
08/27/2014 6:59:08 AM PDT by
cripplecreek
("Moderates" are lying manipulative bottom feeding scum.)
To: econjack
"Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."
Judge Learned Hand, U.S. Court of Appeals, Gregory v. Helvering 69 F.2d 809, 810 (2d Cir. 1934), aff'd, 293 U.S. 465 (1934).
6 posted on
08/27/2014 6:59:43 AM PDT by
Scoutmaster
(I'd rather be at Philmont)
To: econjack
Now we know why BK came out with its Gay Burger a few months ago.
It was to inoculate itself from criticism from Preezy With a Shank who is prone to denouncing businesses who leave America to avoid high taxes.
7 posted on
08/27/2014 6:59:55 AM PDT by
Texas Eagle
(If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
To: econjack
Liberals are outraged because they all voluntarily pay more taxes than necessary, out of patriotism, right?
9 posted on
08/27/2014 7:02:17 AM PDT by
LucianOfSamasota
(Tanstaafl - its not just for breakfast anymore...)
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12 posted on
08/27/2014 7:05:50 AM PDT by
DJ MacWoW
(The Fed Gov is not one ring to rule them all)
To: econjack
Obedience and compliance are the marks of good comrades.
Comply with your masters, comrades! Give till it hurts and then give more!
16 posted on
08/27/2014 7:23:15 AM PDT by
TurboZamboni
(Those who make peaceful revolution impossible will make violent revolution inevitable.-JFK)
To: econjack
To: econjack
A local financial analyst here in Western New York (where Tim Hortons has a huge presence) stated that although the Canadian corporate rate is far lower, when you compare the net US tax bite vs. the total charges in Canada with their additional socialist fees, it comes down to only a few percent difference. Not being a fiscal wizard in any sense, I can’t say whether this is true or not.
I do know that as a “beneficiary” for many years of Canadian Investment in the area, as long as the new corporate honchos don’t materially change Hortons’ offerings or price structure, I’m not overly concerned with the move.
18 posted on
08/27/2014 7:29:26 AM PDT by
mikrofon
(Humpday BUMPty)
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