Tuesday, August 26, 2014

Burger King Goes the Tax Inversion Route: Boycott Everything Scarborough Because Every Company Lowers their Taxes

They have a duty to shareholders to be fiscally responsible. If they move their headquarters to Canada in order to stay competitive with McDonalds and Wendys then they should do it. These boycotters are full of it as well.

Activist group MoveOn.org is sponsoring a petition to scuttle the “Whopper Tax Dodge” or else institute a boycott. The petition has more than 1,000 signatures.

MSNCB TV host Joe Scarborough called for a Burger King boycott. Sen. Sherrod Brown (D-OH) did too, saying in a statement, “Burger King’s decision to abandon the United States means consumers should turn to Wendy’s Old Fashioned Hamburgers or White Castle sliders.”

I wonder if they plan on boycotting Apple because they use all sorts of ways to pay only 18%? I mean they aren't paying their so-called fair share according to these dweebs. Forget the fact that they actually paid 13 billion in taxes. That is roughly the nominal GDP of Namibia.

Maybe Scarborough needs to toss his iPhone (if he has one) and buy a Samsung instead. Of course Samsung only pays 24% in taxes (likely it is much lower depending on what they do to mitigate taxes) which is far lower than our 35% rip-off rate. They aren't paying their fair share either. Maybe Joe Scarborough needs to take up semaphore and throw his phones/pads/computers away.

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