Have it your way!

[OldDog]

"Burger King says it struck a deal to buy Tim Hortons Inc. for about $11 billion, a move that would give the fast-food company a stronger foothold in the coffee and breakfast market. The corporate headquarters of the new company will be in Canada, which stands to help lower Burger King’s corporate taxes. Such tax inversions have been criticized by President Barack Obama and Congress because they mean a loss of revenue for the U.S. government. Sen. Sherrod Brown, D-Ohio, is calling for a boycott of Burger King (and for) a creation of a global minimum tax rate. Berkshire Hathaway (Warren Buffett) is . . . helping finance the Tim Hortons deal with $3 billion of preferred equity financing . . ."


http://cleveland.cbslocal.com/2014/0...-white-castle/

[Pants II]

2nd highest corporate tax rate in the world. Can't blame the king of burgers.

[OldDog]

Actually the effective corporate tax rate in the U.S., which combines national, state, and city-level tax rates, is 39.1 percent—the highest across all 34 Organization for Economic Cooperation and Development (OECD) member countries.

Because, you know, Evil Capitalism.

[Danzig]

Originally Posted by OldDog

Actually the effective corporate tax rate in the U.S., which combines national, state, and city-level tax rates, is 39.1 percent—the highest across all 34 Organization for Economic Cooperation and Development (OECD) member countries.

Because, you know, Evil Capitalism.

but with all the various tax breaks, incentives, write-offs, corporations don't pay that rate.
i find burger king's move disgusting. almost as bad as their food for that matter.

[Danzig]

GAO: U.S. corporations pay average effective tax rate of 12.6%

http://money.cnn.com/2013/07/01/news...rate-tax-rate/

they do need to revamp the corporate tax system, just like the personal...but hell, we all know it won't happen. that would take actual work!

[Rudeboyelvis]

Originally Posted by Danzig

but with all the various tax breaks, incentives, write-offs, corporations don't pay that rate.
i find burger king's move disgusting. almost as bad as their food for that matter.

Apparently the various tax breaks, incentives & write-offs don't equal the benefit of not dealing with them in the first place.

Asking corporations to concern themselves with anything at all other than maximizing profit is LOLOLOLOLOLOLOLOL

I'm sure by the time this administration is done, those "benefits" all go away anyhow. Who do you think is paying for the morass they've created?

[Danzig]

Originally Posted by Rudeboyelvis

Apparently the various tax breaks, incentives & write-offs don't equal the benefit of not dealing with them in the first place.

Asking corporations to concern themselves with anything at all other than maximizing profit is LOLOLOLOLOLOLOLOL

I'm sure by the time this administration is done, those "benefits" all go away anyhow. Who do you think is paying for the morass they've created?

that's true.