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Tim Horton's and Burger King: We Knew Ye Well at tax time.


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The prospect of yet another corporate tax inversion coupling should get the financial gurus among our legislators in DC (no pun intended) busy on developing measures that will keep "our" corporations based in the US. The tax dollar loss is but a single component of the damage done when companies leave for tax incentives elsewhere. With companies bailing out financially, we are staring at the prospect of simply being a money-making garden where the funds are harvested then taken elsewhere thus costing us the multiplier effect of spending a great portion of that money earned here.

 

Maybe if POTUS mentions the problem at an upcoming fundraiser, Harry Reid would pick up on it and move the issue forward, eh?

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What was the deal w/Walgreens balking on doing an inversion? Why is BK getting busy wit Timmy Ho's? It can't possibly be Eric in Illinois threatening a boycott like the Senator in Ohio is suggesting... Yeah right Sherrod Brown, that's really going to work! You will have an easier time blocking Asian carp from getting into Lake Erie than Humpty getting busy in a Burger King bathroom...

Edited by ExiledInIllinois
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“Almost as delicious as a Whopper is the involvement in the Burger King deal of Warren Buffett, President Obama’s favorite financier and the man with whose economic views he claims to associate himself.”

 

Heh...................whatever happened to "economic patriotism"

 

 

 

 

Q: Difference between Burger King and Obama?

 

 

 

A: One's a creepy king known for whoppers,

 

 

 

and the other's a fastfood chain bolting high taxes

 

 

 

 

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Edited by B-Man
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Warren Buffet is loaning Burger King $3billion so they can buy Tim Horton's.

It's okay. He's only making 9.0% on the deal. However, that does compare quite favorably to the 0.6% APR you can get in a savings account or a 1.0% APR for a CD.

 

What a stalwart of capitalism who wants everyone to pay more income taxes. I wonder how much of the 9% will be taxable.

Let's see $3,000,000,000.00 x 0.09 = $270,000,000.00. Not a bad way to make a cool two hundred seventy MILLION dollars - eh Birdbrain and Gatordude? What an economic patriot he is!

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