The Left's Ridiculous Burger King Freakout

Townhall.com ^ | August 29, 2014 | David Harsanyi

[econjack]

What amazes me is how stupid politicians and the general public are about economics. When will they learn that stupid decisions have bad outcomes. Back when companies were leaving Ohio for the South to escape unions and high taxes, Gov. Celeste took the "We'll-show-you" attitude and passed an "exit tax" which said that any company closing its doors in OH had to leave behind a tax amount equal to 6 months wages. For the life of me, I can't figure out why they were surprised to see new business formation in OH drop to virtually zero.

If Obozo and those idiots in Washington lowered corporate and personal income taxes to, say, 15%, we'd see the end of this recession over night and an influx of Pacific Rim capital that would make your head swim. But, because the American voting public has the IQ of a gnat, politicians continue to beat the beat-up-the-rich-guy drum. I don't know about you, but I can't recall one time I got a job from a poor person.

Idiots...

[PapaBear3625]

They still have to pay US taxes on their US revenue

According to Business Week:

Tim Hortons said in a press release that a key benefit of the combination would be the chance to take advantage of Burger King’s global presence to speed its growth in international markets. Tim Hortons has 3,630 outlets in Canada, 866 in the U.S., and 50 in other countries. Burger King is much larger, with 7,371 restaurants in the U.S. and Canada; 3,556 in Europe, the Middle East, and Africa; 1,583 in Latin America; and 1,298 in the Asia-Pacific region.

Close to half their franchises are outside the US. Not having to pay US taxes on their non-US global operations will benefit them.

[camle]

if gas station a charges 4 bucks for a gallon of gas, and station b charges 3.50, where ya gonna buy your gas?

[Born to Conserve]

I stopped going to Burger King when they let the whoppers out of the closet with pink wrappers.

[elcid1970]

Don’t really care who attacks Faggy Burger these days.

Been quite a while since the days of Sir Shake-a-lot, the Duke of Doubt, & the Wizard of Fries.

[I want the USA back]

Good. I’ll go to BK twice as often now.

[vpintheak]

Canada can have Gayber King! Sorry Canadians! In reality, you will bring in more tax revenue, so good on ya. Shame that in the Land of the Free we tax the living crap out of anything productive.

[M Kehoe]

Haven’t been to BK in ages. Time for a cheese Whopper, fries and a Coke.

5.56mm

[ripley]

“The left’s ridiculous Burger King freakout...”

The left is collectively psychotic and freaks out because the premises under which they operate are full of delusions.

(If they win, then everyone will have to operate under delusion and toe the line of political correctness.)

IMHO