Tax inversion is unpatriotic

[Sangersteve]

Isn't that what Obama said about Walgreens? What does he have to say when his buddy Warren Buffet helps facilitate Burger King being a tax inverter? Crickets from the left.Warren is only charging Burger King 9% on the loan.

Tax-Loving Obama Supporter Warren Buffet Financing Burger King’s Move To Canada To Avoid U.S. Taxes…

Burger King on Tuesday confirmed plans to acquire Ontario-based Tim Hortons for about $11 billion—creating a new company to be based in Canada with combined sales of $23 billion.

Berkshire Hathaway Chairman and CEO Warren Buffett is helping to fund the deal by committing $3 billion of preferred equity financing. The news release on the deal did not disclose the terms for Berkshire, which is only a financing source and will not have any participation in the management and operation of the business.

[GFB]

I'm just glad Burger King is doing this.

What's more patriotic than avoiding excessive taxation.

Bring their costs down..keep more of their own money and keep it out of the hands of greedy politicians.

If we had a slew of these at once..oh yeah..the bums would lower the taxes on Corporations.

I think I'll go buy a Whopper tomorrow.

[Red Oak]

The US has the highest Corporate Tax Rate of any Developed Country - what do yo high lovers think will happen ?

[grouchy]

I'm just glad Burger King is doing this.

What's more patriotic than avoiding excessive taxation.

Bring their costs down..keep more of their own money and keep it out of the hands of greedy politicians.

If we had a slew of these at once..oh yeah..the bums would lower the taxes on Corporations.

I think I'll go buy a Whopper tomorrow.

I thought you only ate healthy foods.

[Mark]

First two rules of taxation:

1. When you subsidize something, you get more of it.
2. When you tax something, you get less of it.