Yet NONE of our “esteemed /s” Main Stream Media will bother to explain that, will they?
Everything must be reported so as to put the AMERICAN company in the most extreme bad light.
I’ve seen not even a mention of the fact that Buffet, up to his nose in this, is the Billionaire that want us ALL to pay higher taxes.
The drum beat will continue to be the false claim that Burger King is acting only to avoid the taxes due to THIS country.
Frankly, I visualize the beginning of a parade. The band will be playing “The Inversion March”.
The Left and their cheerleaders, the MSM, will not garner much sympathy from most Americans. EVERYBODY understands taxes, and instinctively know that you do whatever you must do to pay as little as legally possible, even corporations.................
Even if it were, so what? Real people with real jobs have to compete on price. The government certainly shouldn't be treated any better than we are who produce wealth. I can't even imagine why they should be treated AS WELL as we are, given that we create wealth and they do not.
It’s yet another in a seemingly infinite series of things that liberals have a bumper-sticker generated (or Dear Leader generated) opinion about but about which they know absolutely nothing whatsoever.
And the irony of calling out someone elses’ actions as being “unpatriotic” when these people hate every aspect of America and think we are the most rotten, vicious, bigoted bunch of pasty-faced white people that has ever existed is not just palpable, it’s a firehose of irony that should be shoved down their very throats.
They want millions of people here who have entered illegally (this means trashing our laws for those of you in Rio Linda) who send money out of the US in the form of remittances, to the extent of 2% of Mexico but nominally 15% of El Salvador & Honduras GDP and 10% of Guatemala, etc; but these corporate demons who want to do what is in large effect the same thing are monsters who probably should be compared to Hitler but they’re just being nice for now.
There is no retribution short of seeing these people cry on the floor in a fetal position that will satisfy me.
So, do corporate tax rates affect economic growth? Consider the fastest growing economy (as of 2013): 1) it cut corporate taxes from 37% to 24% with the 5 year goal of 15%, 2) it cut personal income taxes by approximately the same percentages, 3) it’s reduced gov’t share of GDP from about a third to 22%, with the long run goal of a single-digit share...some say 5%. The country: Chile.
The last time we even attempted to reduce gov’t share of the economic pie was under Reagan, and those tax and program cuts fueled an economic boom not seen since post WWII. Alas, today’s politicians pass programs purely to get reelected...one is hard pressed to explain free cell phones otherwise. They don’t have the stones to cut spending. With over half the country on some form of gov’t subsidy, this Republic is doomed.
Good explanation.
MOVE!!!!!
Cant Holder throw the BK execs in federal prison to make an example of them?
The know-nothing drooling Leftists that hate corporations, even though they probably couldn't make change for a dime, have bumper stickers showing their hatred of what they don't understand.
They hate the corporations, but are glad to apply for job at one, or buy necessary items from them, or live off the taxes paid by corporations.