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So Burger King is moving to Canada?
Bear
Reg. Dec 2007
Posted 2014-08-26 9:29 AM
Subject: So Burger King is moving to Canada?



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Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
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jbhoot
Reg. Jan 2010
Posted 2014-08-26 9:46 AM
Subject: RE: So Burger King is moving to Canada?



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HotbearLVR - 2014-08-26 9:29 AM

Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.

Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.
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nmeastplains
Reg. Oct 2009
Posted 2014-08-26 9:49 AM
Subject: RE: So Burger King is moving to Canada?


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jbhoot - 2014-08-26 8:46 AM
HotbearLVR - 2014-08-26 9:29 AM Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.

I agrae with this, however, it wouldn't hurt my feelings if our Burger King left...
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Three*C*Champs
Reg. Jul 2004
Posted 2014-08-26 9:58 AM
Subject: RE: So Burger King is moving to Canada?



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Won't miss them
 
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3canstorun
Reg. May 2007
Posted 2014-08-26 10:00 AM
Subject: RE: So Burger King is moving to Canada?



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 I don't  eat there except for a treat. However, again corporations leaving because of the tax structure should concern us all. 
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Bear
Reg. Dec 2007
Posted 2014-08-26 10:22 AM
Subject: RE: So Burger King is moving to Canada?



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This is a very bad sign. When you have a large corporation relocate to Canada because it is more business-friendly, we have a serious problem,folks. I don't eat Burger King either, but that's not what bothers me about this. This is a harbinger of things to come.
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Southtxponygirl
Reg. Nov 2006
Posted 2014-08-26 10:30 AM
Subject: RE: So Burger King is moving to Canada?



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So what I'm under standing here is that Burger King is leaving the states, there will be no more Burger King here and they are taking their business to Canada?
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sassy&tessa
Reg. Jul 2008
Posted 2014-08-26 10:34 AM
Subject: RE: So Burger King is moving to Canada?



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I think people are making some huge assumptions on what they think has gone down in negotiations.  There has been a lot of mergers in agribusiness as of late and when an acquisition as large as this occurs, there are some things on both sides of the table that are non-negotiable.  Yes it is advantageous for Burger King to move HQ but without knowing the whole story, I wouldn't be so quick to freak out and call them a traitor as some are.

PS-I have a friend that owns a huge chain in BK's in California.  If anyone should be upset by this it should probably be franchisee owners.  He is not. 
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barrelracr131
Reg. Aug 2011
Posted 2014-08-26 10:39 AM
Subject: RE: So Burger King is moving to Canada?


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NOOOOOOOOOO

I will miss my crossanwiches.......... 
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jbhoot
Reg. Jan 2010
Posted 2014-08-26 10:43 AM
Subject: RE: So Burger King is moving to Canada?



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Southtxponygirl - 2014-08-26 10:30 AM

So what I'm under standing here is that Burger King is leaving the states, there will be no more Burger King here and they are taking their business to Canada?

No they will remain in the States. If they go thru with this the head quarters would move to Canada and no longer be an American Corp.
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GoMistyGo
Reg. Feb 2004
Posted 2014-08-26 10:46 AM
Subject: RE: So Burger King is moving to Canada?



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We are getting a Burger King in our very small town.... of all the burger chains we get that one???  Yuck.


Lots of big pharma companies are trying to merge with overseas companies to move their HQ there for tax purposes.  It's only the beginning. 


Edited by GoMistyGo 2014-08-26 10:47 AM
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jbhoot
Reg. Jan 2010
Posted 2014-08-26 10:46 AM
Subject: RE: So Burger King is moving to Canada?



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sassy&tessa - 2014-08-26 10:34 AM

I think people are making some huge assumptions on what they think has gone down in negotiations.  There has been a lot of mergers in agribusiness as of late and when an acquisition as large as this occurs, there are some things on both sides of the table that are non-negotiable.  Yes it is advantageous for Burger King to move HQ but without knowing the whole story, I wouldn't be so quick to freak out and call them a traitor as some are.

PS-I have a friend that owns a huge chain in BK's in California.  If anyone should be upset by this it should probably be franchisee owners.  He is not. 

Franchisee owners would not be effected in this is at corp. level.
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Southtxponygirl
Reg. Nov 2006
Posted 2014-08-26 10:48 AM
Subject: RE: So Burger King is moving to Canada?



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jbhoot - 2014-08-26 10:43 AM
Southtxponygirl - 2014-08-26 10:30 AM So what I'm under standing here is that Burger King is leaving the states, there will be no more Burger King here and they are taking their business to Canada?
No they will remain in the States. If they go thru with this the head quarters would move to Canada and no longer be an American Corp.

Oh ok, The way I was reading this was that they were leaving the states, no more Burger Kings, so we will still have Burger Kings heres just not the head office/quarters.  Thank you for clearing that up for me and a few others on here, lol... Alison you be safe on getting your sandwich girl, they are not leaving 
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sassy&tessa
Reg. Jul 2008
Posted 2014-08-26 10:57 AM
Subject: RE: So Burger King is moving to Canada?



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jbhoot - 2014-08-26 10:46 AM

sassy&tessa - 2014-08-26 10:34 AM

I think people are making some huge assumptions on what they think has gone down in negotiations.  There has been a lot of mergers in agribusiness as of late and when an acquisition as large as this occurs, there are some things on both sides of the table that are non-negotiable.  Yes it is advantageous for Burger King to move HQ but without knowing the whole story, I wouldn't be so quick to freak out and call them a traitor as some are.

PS-I have a friend that owns a huge chain in BK's in California.  If anyone should be upset by this it should probably be franchisee owners.  He is not. 

Franchisee owners would not be effected in this is at corp. level.

Not entirely true. Depends on what kind of owner you are, per my friend. He works a lot with the corporate ownership level side of things (he has been an owner for like 20+ years).
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barrelracr131
Reg. Aug 2011
Posted 2014-08-26 11:13 AM
Subject: RE: So Burger King is moving to Canada?


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Southtxponygirl - 2014-08-26 10:48 AM
jbhoot - 2014-08-26 10:43 AM
Southtxponygirl - 2014-08-26 10:30 AM So what I'm under standing here is that Burger King is leaving the states, there will be no more Burger King here and they are taking their business to Canada?
No they will remain in the States. If they go thru with this the head quarters would move to Canada and no longer be an American Corp.
Oh ok, The way I was reading this was that they were leaving the states, no more Burger Kings, so we will still have Burger Kings heres just not the head office/quarters.  Thank you for clearing that up for me and a few others on here, lol... Alison you be safe on getting your sandwich girl, they are not leaving 

YAY!!!!!!!!!! You gotta realize, there is like nothing open in my little town when I leave for work...aside from the gas station...

 
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TXBO
Reg. Aug 2009
Posted 2014-08-26 11:15 AM
Subject: RE: So Burger King is moving to Canada?



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sassy&tessa - 2014-08-26 10:34 AM I think people are making some huge assumptions on what they think has gone down in negotiations.  There has been a lot of mergers in agribusiness as of late and when an acquisition as large as this occurs, there are some things on both sides of the table that are non-negotiable.  Yes it is advantageous for Burger King to move HQ but without knowing the whole story, I wouldn't be so quick to freak out and call them a traitor as some are.



PS-I have a friend that owns a huge chain in BK's in California.  If anyone should be upset by this it should probably be franchisee owners.  He is not. 

These aren't assumptions.  This has been a very transparent inversion transaction orchestrated by two tycoons, Warren Buffett and Jorge Lemann.

Buffett's not a traitor but he is a freaking hypocrite. 
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jbhoot
Reg. Jan 2010
Posted 2014-08-26 11:16 AM
Subject: RE: So Burger King is moving to Canada?



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sassy&tessa - 2014-08-26 10:57 AM

jbhoot - 2014-08-26 10:46 AM

sassy&tessa - 2014-08-26 10:34 AM

I think people are making some huge assumptions on what they think has gone down in negotiations.  There has been a lot of mergers in agribusiness as of late and when an acquisition as large as this occurs, there are some things on both sides of the table that are non-negotiable.  Yes it is advantageous for Burger King to move HQ but without knowing the whole story, I wouldn't be so quick to freak out and call them a traitor as some are.

PS-I have a friend that owns a huge chain in BK's in California.  If anyone should be upset by this it should probably be franchisee owners.  He is not. 

Franchisee owners would not be effected in this is at corp. level.

Not entirely true. Depends on what kind of owner you are, per my friend. He works a lot with the corporate ownership level side of things (he has been an owner for like 20+ years).

I am referring to the tax structure. Off course the franchisee owner has to work with corporate no matter where the head quarters is.
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jbhoot
Reg. Jan 2010
Posted 2014-08-26 11:18 AM
Subject: RE: So Burger King is moving to Canada?



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TXBO - 2014-08-26 11:15 AM

sassy&tessa - 2014-08-26 10:34 AM I think people are making some huge assumptions on what they think has gone down in negotiations.  There has been a lot of mergers in agribusiness as of late and when an acquisition as large as this occurs, there are some things on both sides of the table that are non-negotiable.  Yes it is advantageous for Burger King to move HQ but without knowing the whole story, I wouldn't be so quick to freak out and call them a traitor as some are.



PS-I have a friend that owns a huge chain in BK's in California.  If anyone should be upset by this it should probably be franchisee owners.  He is not. 

These aren't assumptions.  This has been a very transparent inversion transaction orchestrated by two tycoons, Warren Buffett and Jorge Lemann.

Buffett's not a traitor but he is a freaking hypocrite. 

BINGO!!!!
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TXBO
Reg. Aug 2009
Posted 2014-08-26 11:20 AM
Subject: RE: So Burger King is moving to Canada?



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jbhoot - 2014-08-26 9:46 AM
HotbearLVR - 2014-08-26 9:29 AM Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.

Yep, what do you expect when you're country has the highest corporate tax rate in the world. 
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rodeomom3
Reg. Dec 2007
Posted 2014-08-26 11:23 AM
Subject: RE: So Burger King is moving to Canada?



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HotbearLVR - 2014-08-26 10:22 AM

This is a very bad sign. When you have a large corporation relocate to Canada because it is more business-friendly, we have a serious problem,folks. I don't eat Burger King either, but that's not what bothers me about this. This is a harbinger of things to come.

Exactly
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barrelracr131
Reg. Aug 2011
Posted 2014-08-26 11:23 AM
Subject: RE: So Burger King is moving to Canada?


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TXBO - 2014-08-26 11:20 AM
jbhoot - 2014-08-26 9:46 AM
HotbearLVR - 2014-08-26 9:29 AM Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.
Yep, what do you expect when you're country has the highest corporate tax rate in the world. 

That's not going to be changing anytime soon

Too many voters have their hands out for what they believe to be their "fair share"

***********Fun drinking game idea for watching last year's State of the Union: take a shot everytime he says "fair share"

If you don't end up passed out, you are likely an alcoholic 
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Bear
Reg. Dec 2007
Posted 2014-08-26 11:25 AM
Subject: RE: So Burger King is moving to Canada?



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TXBO - 2014-08-26 11:20 AM

jbhoot - 2014-08-26 9:46 AM
HotbearLVR - 2014-08-26 9:29 AM Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.

Yep, what do you expect when you're country has the highest corporate tax rate in the world. 

This is what I mean, Jim, I agree. To my way of thinking, it's not real complicated, if you are trying to look for an underlying reason. I don't think anyone is a traitor, although our president has called actions like this traitorous. Buffet's hypocrisy is glaringly obvious.
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Bear
Reg. Dec 2007
Posted 2014-08-26 11:26 AM
Subject: RE: So Burger King is moving to Canada?



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barrelracr131 - 2014-08-26 11:23 AM

TXBO - 2014-08-26 11:20 AM
jbhoot - 2014-08-26 9:46 AM
HotbearLVR - 2014-08-26 9:29 AM Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.
Yep, what do you expect when you're country has the highest corporate tax rate in the world. 

That's not going to be changing anytime soon

Too many voters have their hands out for what they believe to be their "fair share"

***********Fun drinking game idea for watching last year's State of the Union: take a shot everytime he says "fair share"

If you don't end up passed out, you are likely an alcoholic 

LMAO!!!
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rodeomom3
Reg. Dec 2007
Posted 2014-08-26 11:27 AM
Subject: RE: So Burger King is moving to Canada?



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TXBO - 2014-08-26 11:15 AM
sassy&tessa - 2014-08-26 10:34 AM I think people are making some huge assumptions on what they think has gone down in negotiations.  There has been a lot of mergers in agribusiness as of late and when an acquisition as large as this occurs, there are some things on both sides of the table that are non-negotiable.  Yes it is advantageous for Burger King to move HQ but without knowing the whole story, I wouldn't be so quick to freak out and call them a traitor as some are.



PS-I have a friend that owns a huge chain in BK's in California.  If anyone should be upset by this it should probably be franchisee owners.  He is not. 
These aren't assumptions.  This has been a very transparent inversion transaction orchestrated by two tycoons, Warren Buffett and Jorge Lemann.



Buffett's not a traitor but he is a freaking hypocrite. 

 Ditto.  Drives me nuts the liberlas like Buffett and Michale Moore who have made their fortunes off of our capitalist system but want to malign it every chance they get.  Moore is a mulit millionaire who owns 9 homes but makes his living off calling corporate America greedy.
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Bear
Reg. Dec 2007
Posted 2014-08-26 11:28 AM
Subject: RE: So Burger King is moving to Canada?



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next we will begin to see Fortune 500 companies relocate to Russia, then Haiti.
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TXBO
Reg. Aug 2009
Posted 2014-08-26 11:29 AM
Subject: RE: So Burger King is moving to Canada?



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HotbearLVR - 2014-08-26 11:25 AM
TXBO - 2014-08-26 11:20 AM
jbhoot - 2014-08-26 9:46 AM
HotbearLVR - 2014-08-26 9:29 AM Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.
Yep, what do you expect when you're country has the highest corporate tax rate in the world. 
This is what I mean, Jim, I agree. To my way of thinking, it's not real complicated, if you are trying to look for an underlying reason. I don't think anyone is a traitor, although our president has called actions like this traitorous. Buffet's hypocrisy is glaringly obvious.

LOL!  Yea, I think the word Obama useds was "deserter".  He sounded so whinny as he chastized business leaders for playing by the rules. 
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TXBO
Reg. Aug 2009
Posted 2014-08-26 11:34 AM
Subject: RE: So Burger King is moving to Canada?



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HotbearLVR - 2014-08-26 11:28 AM next we will begin to see Fortune 500 companies relocate to Russia, then Haiti.
There's been a swell of inversion transactions in the last two years.  Much of the M&A has been driven by Wall Street.  This one is the most prominent because Buffett is involved but many Forute 500 companies have subsidiaries overseas already.  The Bahamas and Turks & Cachos Islands are the most popular offshore destinations due to their low tax rates and ease of incorporation. 

Edited by TXBO 2014-08-26 11:35 AM
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Frodo
Reg. Jul 2004
Posted 2014-08-26 11:57 AM
Subject: RE: So Burger King is moving to Canada?


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TXBO - 2014-08-26 11:29 AM
HotbearLVR - 2014-08-26 11:25 AM
TXBO - 2014-08-26 11:20 AM
jbhoot - 2014-08-26 9:46 AM
HotbearLVR - 2014-08-26 9:29 AM Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.
Yep, what do you expect when you're country has the highest corporate tax rate in the world. 
This is what I mean, Jim, I agree. To my way of thinking, it's not real complicated, if you are trying to look for an underlying reason. I don't think anyone is a traitor, although our president has called actions like this traitorous. Buffet's hypocrisy is glaringly obvious.
LOL!  Yea, I think the word Obama useds was "deserter".  He sounded so whinny as he chastized business leaders for playing by the rules. 

It's not just high corporate taxes but government regulations out the ying-yang destroying businesses in the US. 



 
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Itsme
Reg. Jul 2013
Posted 2014-08-26 11:59 AM
Subject: RE: So Burger King is moving to Canada?


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How else will we pay for the war on drugs, welfare,obama care,illegal immigration...MORE TAXES FOR EVERYONE!!
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3canstorun
Reg. May 2007
Posted 2014-08-26 12:01 PM
Subject: RE: So Burger King is moving to Canada?



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Frodo - 2014-08-26 12:57 PM
TXBO - 2014-08-26 11:29 AM
HotbearLVR - 2014-08-26 11:25 AM
TXBO - 2014-08-26 11:20 AM
jbhoot - 2014-08-26 9:46 AM
HotbearLVR - 2014-08-26 9:29 AM Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.
Yep, what do you expect when you're country has the highest corporate tax rate in the world. 
This is what I mean, Jim, I agree. To my way of thinking, it's not real complicated, if you are trying to look for an underlying reason. I don't think anyone is a traitor, although our president has called actions like this traitorous. Buffet's hypocrisy is glaringly obvious.
LOL!  Yea, I think the word Obama useds was "deserter".  He sounded so whinny as he chastized business leaders for playing by the rules. 
It's not just high corporate taxes but government regulations out the ying-yang destroying businesses in the US. 







 

Both of them combined are.   
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TXBO
Reg. Aug 2009
Posted 2014-08-26 12:12 PM
Subject: RE: So Burger King is moving to Canada?



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Frodo - 2014-08-26 11:57 AM   It's not just high corporate taxes but government regulations out the ying-yang destroying businesses in the US. 







 

True, but if the tax rate was low enough, business would tolerate the regulation. 
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Bear
Reg. Dec 2007
Posted 2014-08-26 12:13 PM
Subject: RE: So Burger King is moving to Canada?



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TXBO - 2014-08-26 11:34 AM

HotbearLVR - 2014-08-26 11:28 AM next we will begin to see Fortune 500 companies relocate to Russia, then Haiti.
There's been a swell of inversion transactions in the last two years.  Much of the M&A has been driven by Wall Street.  This one is the most prominent because Buffett is involved but many Forute 500 companies have subsidiaries overseas already.  The Bahamas and Turks & Cachos Islands are the most popular offshore destinations due to their low tax rates and ease of incorporation. 

Jim can you please explain "inversion transaction" to us? All I know is that it is basically a move to relocate outside of the US mainly as a tax avoidance maneuver. Obama calls these "unpatriotic", so the liberals respond in the same way, while threatening some sort of legislation that prohibits this kind of move. Are these people "allergic " to all tax cuts? How can anyone call the obvious solution to this problem "complicated"?
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Southtxponygirl
Reg. Nov 2006
Posted 2014-08-26 12:15 PM
Subject: RE: So Burger King is moving to Canada?



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barrelracr131 - 2014-08-26 11:13 AM
Southtxponygirl - 2014-08-26 10:48 AM
jbhoot - 2014-08-26 10:43 AM
Southtxponygirl - 2014-08-26 10:30 AM So what I'm under standing here is that Burger King is leaving the states, there will be no more Burger King here and they are taking their business to Canada?
No they will remain in the States. If they go thru with this the head quarters would move to Canada and no longer be an American Corp.
Oh ok, The way I was reading this was that they were leaving the states, no more Burger Kings, so we will still have Burger Kings heres just not the head office/quarters.  Thank you for clearing that up for me and a few others on here, lol... Alison you be safe on getting your sandwich girl, they are not leaving 
YAY!!!!!!!!!! You gotta realize, there is like nothing open in my little town when I leave for work...aside from the gas station...



 

Got a Burger King here last year and guess where they put it>>>>>>>>>>>>>>>>>>>>>>>>> Wal-Mart of all places, so I dont get Burger King. Kinda gross being in a Wal-Mart... 
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Bear
Reg. Dec 2007
Posted 2014-08-26 12:36 PM
Subject: RE: So Burger King is moving to Canada?



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So many of today's problems have obvious solutions that most American citizens recognize. This is one of them. The fact that nobody in congress has made a REAL serious attempt to reform our tax code is evidence that we need another " change" that the majority of Americans, both Republican and Democrat, support.....TERM LIMITS! These people are not doing their job.....all they do is talk and demagogue. No wonder congress has a single digit approval rating.
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Dinero10
Reg. Mar 2004
Posted 2014-08-26 12:45 PM
Subject: RE: So Burger King is moving to Canada?



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HotbearLVR - 2014-08-26 10:22 AM This is a very bad sign. When you have a large corporation relocate to Canada because it is more business-friendly, we have a serious problem,folks. I don't eat Burger King either, but that's not what bothers me about this. This is a harbinger of things to come.

I agree Hotbear - for those of you that have stated you don't care if Burger King is leaving - those people that are losing their jobs probably care, which makes me care -  
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Bear
Reg. Dec 2007
Posted 2014-08-26 2:27 PM
Subject: RE: So Burger King is moving to Canada?



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People don't really seem to take an interest in what's going on these days, compared to when I was a kid. It would be like if all of US here said, "What does this have to do with barrel racing?" Obviously, it has huge implications for all of us, including our hobbies, leisure, and practically all facets of life. For people to just turn a blind eye on the basis that it doesn't effect them is just lazy thinking. That's all there is to it. As long as their Ox isn't gored, they couldn't care less....but the problem is their Ox IS getting gored.
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Nevertooold
Reg. Oct 2003
Posted 2014-08-26 2:43 PM
Subject: RE: So Burger King is moving to Canada?



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I would like to know why Canada doesn't seem to have all of this kind of BS going on like the US does?  
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roxieannie
Reg. Sep 2006
Posted 2014-08-26 2:46 PM
Subject: RE: So Burger King is moving to Canada?



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Location: southeast Texas
 I used to indulge in a junior whopper, ocasionaly. They have changed their formula, I have tried several different BK, and the results are the same. Bleck. My dog enjoyed them though. 
Companies have been leaving the states for along time. made in America. Now the service industry is leaving......

 
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Bear
Reg. Dec 2007
Posted 2014-08-26 3:31 PM
Subject: RE: So Burger King is moving to Canada?



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Nevertooold - 2014-08-26 2:43 PM

I would like to know why Canada doesn't seem to have all of this kind of BS going on like the US does?  

Good question, NTO. I'd love to hear from some of our Canadian BBs. I think they have been on a pretty stable course, compared to US. These past 6 years have been brutal, and there has been a lot of "change".
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RidenFly
Reg. Nov 2006
Posted 2014-08-26 3:36 PM
Subject: RE: So Burger King is moving to Canada?



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Gee, for an administration that concerns it'self with the little guy, it sure doesn't seem to want to do a flippin thing to help business start up and grow.  And especially if you're already a large corporation.  There is no reason for this corporate rate. NONE. 
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TXBO
Reg. Aug 2009
Posted 2014-08-26 4:20 PM
Subject: RE: So Burger King is moving to Canada?



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HotbearLVR - 2014-08-26 12:13 PM
TXBO - 2014-08-26 11:34 AM
HotbearLVR - 2014-08-26 11:28 AM next we will begin to see Fortune 500 companies relocate to Russia, then Haiti.
There's been a swell of inversion transactions in the last two years.  Much of the M&A has been driven by Wall Street.  This one is the most prominent because Buffett is involved but many Forute 500 companies have subsidiaries overseas already.  The Bahamas and Turks & Cachos Islands are the most popular offshore destinations due to their low tax rates and ease of incorporation. 
Jim can you please explain "inversion transaction" to us? All I know is that it is basically a move to relocate outside of the US mainly as a tax avoidance maneuver. Obama calls these "unpatriotic", so the liberals respond in the same way, while threatening some sort of legislation that prohibits this kind of move. Are these people "allergic " to all tax cuts? How can anyone call the obvious solution to this problem "complicated"?

That's basically what it is, Bear, moving your incorporation outside the US to avoid the corporate taxation.  There are some rules to follow in order to be effective.  They constantly change and I'm not up on all of them right now.  I do know that a minimum amount of stock has to be foreign owned.  That's where Jorge Lemann comes in.  His private equity firm is based out of Brazil. 
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CJE
Reg. Mar 2005
Posted 2014-08-26 4:27 PM
Subject: RE: So Burger King is moving to Canada?



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TXBO - 2014-08-25 12:20 PM
jbhoot - 2014-08-26 9:46 AM
HotbearLVR - 2014-08-26 9:29 AM Who would have thunk it? Gee, I wonder why? Evidently Warren Buffet is supporting this move. I hope people wake up.
Simple solution lower the tax. Let corporations bring back the two trillion being held over seas at zero tax.
Yep, what do you expect when you're country has the highest corporate tax rate in the world. 

I would leave too............the idiots in Washington need to wake up we running business out of this country.......
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mruggles
Reg. Oct 2008
Posted 2014-08-26 4:29 PM
Subject: RE: So Burger King is moving to Canada?



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well we definatly aren't without issues up here...........we have our own money wasting politicians....and we are taxed on everything from booze to bubble gum.............



Edited by mruggles 2014-08-26 4:33 PM
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CJE
Reg. Mar 2005
Posted 2014-08-26 4:31 PM
Subject: RE: So Burger King is moving to Canada?



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Nevertooold - 2014-08-25 3:43 PM I would like to know why Canada doesn't seem to have all of this kind of BS going on like the US does?  

They don't have our politicians..............we are stupid in this country............Obama wants tax reform so he will not sign a corporate tax reduction without HIS tax reform..........which means more tax on us.......
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TXBO
Reg. Aug 2009
Posted 2014-08-26 5:33 PM
Subject: RE: So Burger King is moving to Canada?



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mruggles - 2014-08-26 4:29 PM well we definatly aren't without issues up here...........we have our own money wasting politicians....and we are taxed on everything from booze to bubble gum.............




I'm sure you're right but the difference in corporate tax rate is significant.
Canada 26%
US         40%

With over $300 Million in pre-tax earnings, Burger King will add over $42 million dollars to earning.... that's before the earnings of the donut chain are factored in. 
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Bear
Reg. Dec 2007
Posted 2014-08-26 5:36 PM
Subject: RE: So Burger King is moving to Canada?



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Damm
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komet.
Reg. Jun 2012
Posted 2014-08-26 6:13 PM
Subject: RE: So Burger King is moving to Canada?



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TXBO - 2014-08-26 4:20 PM

HotbearLVR - 2014-08-26 12:13 PM
TXBO - 2014-08-26 11:34 AM
HotbearLVR - 2014-08-26 11:28 AM next we will begin to see Fortune 500 companies relocate to Russia, then Haiti.
There's been a swell of inversion transactions in the last two years.  Much of the M&A has been driven by Wall Street.  This one is the most prominent because Buffett is involved but many Forute 500 companies have subsidiaries overseas already.  The Bahamas and Turks & Cachos Islands are the most popular offshore destinations due to their low tax rates and ease of incorporation. 
Jim can you please explain "inversion transaction" to us? All I know is that it is basically a move to relocate outside of the US mainly as a tax avoidance maneuver. Obama calls these "unpatriotic", so the liberals respond in the same way, while threatening some sort of legislation that prohibits this kind of move. Are these people "allergic " to all tax cuts? How can anyone call the obvious solution to this problem "complicated"?

That's basically what it is, Bear, moving your incorporation outside the US to avoid the corporate taxation.  There are some rules to follow in order to be effective.  They constantly change and I'm not up on all of them right now.  I do know that a minimum amount of stock has to be foreign owned.  That's where Jorge Lemann comes in.  His private equity firm is based out of Brazil. 

I'm curious.. What's to stop the government from taxing any money going OUT of the country? and why don't they do that? They tax everything coming into it. That way all this money earned in places like BK stores cannot escape being taxed... Neither can the money the Mexicans earn here and send out of the country. and lots of other examples I can't think of right offhand.
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TXBO
Reg. Aug 2009
Posted 2014-08-26 6:24 PM
Subject: RE: So Burger King is moving to Canada?



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komet. - 2014-08-26 6:13 PM I'm curious.. What's to stop the government from taxing any money going OUT of the country? and why don't they do that? They tax everything coming into it. That way all this money earned in places like BK stores cannot escape being taxed... Neither can the money the Mexicans earn here and send out of the country. and lots of other examples I can't think of right offhand.

 I guess nothing but the current tax code.  They could change that.
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komet.
Reg. Jun 2012
Posted 2014-08-26 6:33 PM
Subject: RE: So Burger King is moving to Canada?



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TXBO - 2014-08-26 6:24 PM

komet. - 2014-08-26 6:13 PM I'm curious.. What's to stop the government from taxing any money going OUT of the country? and why don't they do that? They tax everything coming into it. That way all this money earned in places like BK stores cannot escape being taxed... Neither can the money the Mexicans earn here and send out of the country. and lots of other examples I can't think of right offhand.

 I guess nothing but the current tax code.  They could change that.

I guess it would affect the same money they and their friends send out as well.... That could be one reason... But honestly!! They tax money people bring into the country.... Why not work it both ways? They do that with money we earn. (income tax).. They tax it again when we spend it.. twice... the buyer gets hit with a sales tax and the seller gets hit with an income tax..
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Bear
Reg. Dec 2007
Posted 2014-08-26 6:59 PM
Subject: RE: So Burger King is moving to Canada?



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Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

Ronald Reagan


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komet.
Reg. Jun 2012
Posted 2014-08-26 7:06 PM
Subject: RE: So Burger King is moving to Canada?



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HotbearLVR - 2014-08-26 6:59 PM

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

Ronald Reagan



This from the governor that turned California into the "Tax Me" state..
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Bear
Reg. Dec 2007
Posted 2014-08-26 7:14 PM
Subject: RE: So Burger King is moving to Canada?



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komet. - 2014-08-26 7:06 PM

HotbearLVR - 2014-08-26 6:59 PM

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

Ronald Reagan



This from the governor that turned California into the "Tax Me" state..

California was just his training ground! LOL. He's admitted several mistakes he made as governor. Evidently California liked what he did.....he overwhelmingly won the state in 1980 and '84. His tax cuts were huge during his presidency, even though he had to finagle and negotiate to get them passed.
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TXBO
Reg. Aug 2009
Posted 2014-08-26 8:59 PM
Subject: RE: So Burger King is moving to Canada?



Googly Goo


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komet. - 2014-08-26 6:33 PM
TXBO - 2014-08-26 6:24 PM
komet. - 2014-08-26 6:13 PM I'm curious.. What's to stop the government from taxing any money going OUT of the country? and why don't they do that? They tax everything coming into it. That way all this money earned in places like BK stores cannot escape being taxed... Neither can the money the Mexicans earn here and send out of the country. and lots of other examples I can't think of right offhand.
 I guess nothing but the current tax code.  They could change that.
I guess it would affect the same money they and their friends send out as well.... That could be one reason... But honestly!! They tax money people bring into the country.... Why not work it both ways? They do that with money we earn. (income tax).. They tax it again when we spend it.. twice... the buyer gets hit with a sales tax and the seller gets hit with an income tax..
 The founding fathers taxed imports and some select excise taxes.  So effectively taxed monies on sales leaving the country.  That, as well as patents, encouraged domestic production and Inovations. 


 

Edited by TXBO 2014-08-26 9:01 PM
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TXBO
Reg. Aug 2009
Posted 2014-08-26 9:33 PM
Subject: RE: So Burger King is moving to Canada?



Googly Goo


Posts: 7053
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komet. - 2014-08-26 6:33 PM
TXBO - 2014-08-26 6:24 PM
komet. - 2014-08-26 6:13 PM I'm curious.. What's to stop the government from taxing any money going OUT of the country? and why don't they do that? They tax everything coming into it. That way all this money earned in places like BK stores cannot escape being taxed... Neither can the money the Mexicans earn here and send out of the country. and lots of other examples I can't think of right offhand.
 I guess nothing but the current tax code.  They could change that.
I guess it would affect the same money they and their friends send out as well.... That could be one reason... But honestly!! They tax money people bring into the country.... Why not work it both ways? They do that with money we earn. (income tax).. They tax it again when we spend it.. twice... the buyer gets hit with a sales tax and the seller gets hit with an income tax..

 The sales taxes are levied by state and local government though but replacing income tax with a consumption tax would be awesome. Herman Cain's 9/9/9 would have this economy flourishing by now. 
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Anniemae
Reg. Jan 2004
Posted 2014-08-27 12:50 AM
Subject: RE: So Burger King is moving to Canada?


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TXBO - 2014-08-26 2:20 PM
HotbearLVR - 2014-08-26 12:13 PM
TXBO - 2014-08-26 11:34 AM
HotbearLVR - 2014-08-26 11:28 AM next we will begin to see Fortune 500 companies relocate to Russia, then Haiti.
There's been a swell of inversion transactions in the last two years.  Much of the M&A has been driven by Wall Street.  This one is the most prominent because Buffett is involved but many Forute 500 companies have subsidiaries overseas already.  The Bahamas and Turks & Cachos Islands are the most popular offshore destinations due to their low tax rates and ease of incorporation. 
Jim can you please explain "inversion transaction" to us? All I know is that it is basically a move to relocate outside of the US mainly as a tax avoidance maneuver. Obama calls these "unpatriotic", so the liberals respond in the same way, while threatening some sort of legislation that prohibits this kind of move. Are these people "allergic " to all tax cuts? How can anyone call the obvious solution to this problem "complicated"?
That's basically what it is, Bear, moving your incorporation outside the US to avoid the corporate taxation.  There are some rules to follow in order to be effective.  They constantly change and I'm not up on all of them right now.  I do know that a minimum amount of stock has to be foreign owned.  That's where Jorge Lemann comes in.  His private equity firm is based out of Brazil. 

Isn't Burger King a Brazalian owned company now?  American brand, foreign owned? 
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Vickie
Reg. Jun 2005
Posted 2014-08-27 6:23 AM
Subject: RE: So Burger King is moving to Canada?



To the Left


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Well, all I know is what I can do, and I am going to keep my American money in America.  Good by Burger King, I will not eat there again. 
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Bear
Reg. Dec 2007
Posted 2014-08-27 7:12 AM
Subject: RE: So Burger King is moving to Canada?



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I hope they don't bring back those freaky "King" commercials with the guy wearing the King mask. Something about those were just a little spooky....but funny at the same time. I bet he scared a lot of little kids.
Kinda the same way some clowns are spooky looking.
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barrelracr131
Reg. Aug 2011
Posted 2014-08-27 7:17 AM
Subject: RE: So Burger King is moving to Canada?


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HotbearLVR - 2014-08-27 7:12 AM I hope they don't bring back those freaky "King" commercials with the guy wearing the King mask. Something about those were just a little spooky....but funny at the same time. I bet he scared a lot of little kids. Kinda the same way some clowns are spooky looking.

I freaking loved those commercials... HILARIOUS

http://www.youtube.com/watch?v=x4_5qoy4oaQ 

I
 actually don't eat there most of the time anyway, unless it is early and I am desperate.

There is hardly such a thing as an "American company" anymore... our government has seen to that... IMO it is good to support companies that employ people in the US. People need jobs.
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Bear
Reg. Dec 2007
Posted 2014-08-27 7:39 AM
Subject: RE: So Burger King is moving to Canada?



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barrelracr131 - 2014-08-27 7:17 AM

HotbearLVR - 2014-08-27 7:12 AM I hope they don't bring back those freaky "King" commercials with the guy wearing the King mask. Something about those were just a little spooky....but funny at the same time. I bet he scared a lot of little kids. Kinda the same way some clowns are spooky looking.

I freaking loved those commercials... HILARIOUS

http://www.youtube.com/watch?v=x4_5qoy4oaQ 

I
 actually don't eat there most of the time anyway, unless it is early and I am desperate.

There is hardly such a thing as an "American company" anymore... our government has seen to that... IMO it is good to support companies that employ people in the US. People need jobs.

I remember one where this lumberjack was chopping down a tree and the King came out of the woods and walked up behind him and handed him a bag of burgers. If that sonnava***** surprised me like that, I'd punch him in the face!
I want one of those masks!
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barrelracr131
Reg. Aug 2011
Posted 2014-08-27 7:43 AM
Subject: RE: So Burger King is moving to Canada?


Hungarian Midget Woman


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HotbearLVR - 2014-08-27 7:39 AM
barrelracr131 - 2014-08-27 7:17 AM
HotbearLVR - 2014-08-27 7:12 AM I hope they don't bring back those freaky "King" commercials with the guy wearing the King mask. Something about those were just a little spooky....but funny at the same time. I bet he scared a lot of little kids. Kinda the same way some clowns are spooky looking.
I freaking loved those commercials... HILARIOUS



http://www.youtube.com/watch?v=x4_5qoy4oaQ 



I
 actually don't eat there most of the time anyway, unless it is early and I am desperate.



There is hardly such a thing as an "American company" anymore... our government has seen to that... IMO it is good to support companies that employ people in the US. People need jobs.
I remember one where this lumberjack was chopping down a tree and the King came out of the woods and walked up behind him and handed him a bag of burgers. If that sonnava***** surprised me like that, I'd punch him in the face! I want one of those masks!

The masks were a popular Halloween costume at all the bars that year... folks woud just walk up behind you and stare... priceless. 
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TXBO
Reg. Aug 2009
Posted 2014-08-27 7:51 AM
Subject: RE: So Burger King is moving to Canada?



Googly Goo


Posts: 7053
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Anniemae - 2014-08-27 12:50 AM
TXBO - 2014-08-26 2:20 PM
HotbearLVR - 2014-08-26 12:13 PM
TXBO - 2014-08-26 11:34 AM
HotbearLVR - 2014-08-26 11:28 AM next we will begin to see Fortune 500 companies relocate to Russia, then Haiti.
There's been a swell of inversion transactions in the last two years.  Much of the M&A has been driven by Wall Street.  This one is the most prominent because Buffett is involved but many Forute 500 companies have subsidiaries overseas already.  The Bahamas and Turks & Cachos Islands are the most popular offshore destinations due to their low tax rates and ease of incorporation. 
Jim can you please explain "inversion transaction" to us? All I know is that it is basically a move to relocate outside of the US mainly as a tax avoidance maneuver. Obama calls these "unpatriotic", so the liberals respond in the same way, while threatening some sort of legislation that prohibits this kind of move. Are these people "allergic " to all tax cuts? How can anyone call the obvious solution to this problem "complicated"?
That's basically what it is, Bear, moving your incorporation outside the US to avoid the corporate taxation.  There are some rules to follow in order to be effective.  They constantly change and I'm not up on all of them right now.  I do know that a minimum amount of stock has to be foreign owned.  That's where Jorge Lemann comes in.  His private equity firm is based out of Brazil. 
Isn't Burger King a Brazalian owned company now?  American brand, foreign owned? 
 Jorge Lemann's private equity firm does have a stake in Burger King currently. He and Buffett have partnered on several deals in the past.  He probably approached Buffett about financing this one. 


 

Edited by TXBO 2014-08-27 7:59 AM
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TXBO
Reg. Aug 2009
Posted 2014-08-27 7:57 AM
Subject: RE: So Burger King is moving to Canada?



Googly Goo


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Vickie - 2014-08-27 6:23 AM Well, all I know is what I can do, and I am going to keep my American money in America.  Good by Burger King, I will not eat there again. 

 That's a noble thought but you'll have a hard time in this global economy finding companies with no foreign investment or interests. 
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bocephus's mama
Reg. May 2005
Posted 2014-08-27 8:08 AM
Subject: RE: So Burger King is moving to Canada?



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TXBO - 2014-08-26 5:33 PM
mruggles - 2014-08-26 4:29 PM well we definatly aren't without issues up here...........we have our own money wasting politicians....and we are taxed on everything from booze to bubble gum.............

I'm sure you're right but the difference in corporate tax rate is significant.
Canada 26%
US         40%

With over $300 Million in pre-tax earnings, Burger King will add over $42 million dollars to earning.... that's before the earnings of the donut chain are factored in. 
I'm still surprised they chose Canada. I wonder what Canada taxes dividend-wise? The US has roughly a 40% tax on earnings and then they tax those earnings again once they're distributed to owners (which the democrats will whine about since it's a lower rate than W-2 earnings and it's all about supporting "the rich"). Add that to any property taxes the corporation has to pay (A LOT depending on the company/location), employee tax, etc - yet the dems want corporations taxed even more!

Canada is a pain. I get to go through a Canadian audit here at work in October. We do about 8% of our business in Canada and to do business there, you have to sign saying that if they want to audit you, you'll pay for them to come. So...two auditors will fly to Houston for AN ENTIRE WEEK to audit whether or not the VAT taxes were collected properly on just a few transactions.  


Edited by bocephus's mama 2014-08-27 8:09 AM
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musikmaker
Reg. Sep 2004
Posted 2014-08-27 8:55 AM
Subject: RE: So Burger King is moving to Canada?



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TXBO - 2014-08-26 7:59 PM
komet. - 2014-08-26 6:33 PM
TXBO - 2014-08-26 6:24 PM
komet. - 2014-08-26 6:13 PM I'm curious.. What's to stop the government from taxing any money going OUT of the country? and why don't they do that? They tax everything coming into it. That way all this money earned in places like BK stores cannot escape being taxed... Neither can the money the Mexicans earn here and send out of the country. and lots of other examples I can't think of right offhand.
 I guess nothing but the current tax code.  They could change that.
I guess it would affect the same money they and their friends send out as well.... That could be one reason... But honestly!! They tax money people bring into the country.... Why not work it both ways? They do that with money we earn. (income tax).. They tax it again when we spend it.. twice... the buyer gets hit with a sales tax and the seller gets hit with an income tax..
 The founding fathers taxed imports and some select excise taxes.  So effectively taxed monies on sales leaving the country.  That, as well as patents, encouraged domestic production and Inovations. 





 

The federal reserve bank is privately owned...(if you want to know who & how, click on the link).  I've never been a 'conspiracy theorist'...until I watched/read this:
http://www.corbettreport.com/federalreserve/

Opened my eyes...'Cartel' is the right word to describe them.
What bothers me most about the BK issue is that it could move us much faster into the 'global' banking that is intended. 
No matter what political stance a person may take remember one thing:
The Constitution is NOT a 'partisan document'.

 
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dream_chaser
Reg. Jun 2006
Posted 2014-08-27 2:22 PM
Subject: RE: So Burger King is moving to Canada?



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 FYI Burger King bought out Canadian franchise Tim Hortons (like your Krispy  Kreme

http://www.cbc.ca/news/business/tim-hortons-burger-king-agree-to-merger-deal-1.2746948
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IB1UKNO
Reg. Apr 2014
Posted 2014-08-27 4:45 PM
Subject: RE: So Burger King is moving to Canada?




2525
Senator Bernie Sanders (I-VT), was asked why nothing has been done about corporations fleeing the country to avoid taxes-
Sanders said,
Well, I will give you the short and simple answer is that we have a major political party it’s called the Republican Party who apparently see their goal in life is to represent the wealthy and the powerful and to make sure the rich and large corporations pay as little in taxes as is possible, and that’s the struggle that we’re having. But to my mind, not only is this tax inversion an outrage, we are losing now about a hundred billion dollars in federal revenue every year because many of these large corporations are putting their money in the Cayman Islands, Bermuda, and other tax havens. One out of four large profitable corporations today pay zero in federal income taxes. So we need real tax reform that asks the wealthy and large profitable corporations to start paying their share of taxes.
What they often talk about is the nominal rate, the rate that is on paper which is thirty five percent. According to the last GAO report done in 2010, it should be updated, the effective tax rate is 12.6% not thirty five percent. There’s virtually no corporations that pay the top rate, and as I mentioned a moment ago one out four major profitable corporations pays nothing in federal taxes, and in a given year you have companies like General Electric and Boeing that not only pays nothing in taxes, they actually get a federal rebate.
Here’s another important point. In 1952, corporations contributed about thirty-two percent of the tax revenue of the federal government. Today, that number is less than ten percent, so when you wonder why we have a large deficit and a large national debt one of the reasons is that corporate tax revenues and the percentage of revenues coming in to the federal government is much much lower than it used to be."

Republicans blame a high corporate tax rate and President Obama for companies like Burger King trying to leave the US, but it isn’t true. For decades Republicans have been trying to shift the tax burden away from the wealthy and corporations and on to the people that make the least amount of money. The fact that corporations have been able to slash their amount of taxes paid as a share of federal revenue by more than two-thirds shows that Republicans have been successful.
The problem isn’t that taxes are too high. The issue is that Republicans actively obstruct efforts to make corporations pay their fair share. Republicans are enabling corporate tax dodging through blocking all legislative efforts to stop inversions, something that Republicans don’t want the American people to know.
Republicans want average Americans to pay higher taxes so that the wealthy and corporations can pay less.
Corporations can afford to pay their taxes, pay a living wage and benefits to their employees, and pay their investors a fair divdend. Instead they choose to be traitors to the country that helped them become so successful.
Americans who object to the behavior of Anti-American Companies who fly the flag while they bilk America should stop buying from them. Simply boycott their products.

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Bear
Reg. Dec 2007
Posted 2014-08-27 7:31 PM
Subject: RE: So Burger King is moving to Canada?



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IB1UKNO - 2014-08-27 4:45 PM Senator Bernie Sanders (I-VT), was asked why nothing has been done about corporations fleeing the country to avoid taxes- Sanders said, Well, I will give you the short and simple answer is that we have a major political party it’s called the Republican Party who apparently see their goal in life is to represent the wealthy and the powerful and to make sure the rich and large corporations pay as little in taxes as is possible, and that’s the struggle that we’re having. But to my mind, not only is this tax inversion an outrage, we are losing now about a hundred billion dollars in federal revenue every year because many of these large corporations are putting their money in the Cayman Islands, Bermuda, and other tax havens. One out of four large profitable corporations today pay zero in federal income taxes. So we need real tax reform that asks the wealthy and large profitable corporations to start paying their share of taxes. What they often talk about is the nominal rate, the rate that is on paper which is thirty five percent. According to the last GAO report done in 2010, it should be updated, the effective tax rate is 12.6% not thirty five percent. There’s virtually no corporations that pay the top rate, and as I mentioned a moment ago one out four major profitable corporations pays nothing in federal taxes, and in a given year you have companies like General Electric and Boeing that not only pays nothing in taxes, they actually get a federal rebate. Here’s another important point. In 1952, corporations contributed about thirty-two percent of the tax revenue of the federal government. Today, that number is less than ten percent, so when you wonder why we have a large deficit and a large national debt one of the reasons is that corporate tax revenues and the percentage of revenues coming in to the federal government is much much lower than it used to be." Republicans blame a high corporate tax rate and President Obama for companies like Burger King trying to leave the US, but it isn’t true. For decades Republicans have been trying to shift the tax burden away from the wealthy and corporations and on to the people that make the least amount of money. The fact that corporations have been able to slash their amount of taxes paid as a share of federal revenue by more than two-thirds shows that Republicans have been successful. The problem isn’t that taxes are too high. The issue is that Republicans actively obstruct efforts to make corporations pay their fair share. Republicans are enabling corporate tax dodging through blocking all legislative efforts to stop inversions, something that Republicans don’t want the American people to know. Republicans want average Americans to pay higher taxes so that the wealthy and corporations can pay less. Corporations can afford to pay their taxes, pay a living wage and benefits to their employees, and pay their investors a fair divdend. Instead they choose to be traitors to the country that helped them become so successful. Americans who object to the behavior of Anti-American Companies who fly the flag while they bilk America should stop buying from them. Simply boycott their products.

You make some excellent points.  I suppose one reason why corporate income tax was a higher percentage of the total tax revenues in the 1950s is because top marginal rates back then were >90%.  Also, do we know the "effective tax rates" in other countries?  I don't know a thing about taxation structure in countries like Ireland, but I do know they have a top corporate tax rate of around 12%.  Do they have a tax code that allows for deductions?  Do they themselves have loopholes?  Honest question....I don't know the answer.  Maybe their effective tax rate is under 10%?    Your comment did get me to wondering if BOTH parties are opposed to a flat tax or a fair tax, but for differing reasons that may be diametrically opposed? 
Then there is the ever-present debate that rages on.....Democrats want to tax more, and spend more, whereas republicans want to tax less and spend less.  I sometimes wonder if they are as much at odds as they appear.  I happen to think many want the debate to go on and on......without ever actually rolling up the sleeves and reforming our tax code in a meaningful way.  

 I am in favor of a flat tax, IB1UKNO.  What say you?  I can see the consumption tax benefits, but I just like the simplicity of a flat tax.  I think a real critical element of tax reform would be to eliminate the tax code in order to effect social engineering.  That just becomes a huge political mess and it sucks the air out of the room, figuratively speaking.
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musikmaker
Reg. Sep 2004
Posted 2014-08-28 12:17 AM
Subject: RE: So Burger King is moving to Canada?



Nicknameless


Posts: 4565
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Location: I can see the end of the world from here!
Oh my.
One more time:  Our Constitution is not a partisan document.
What does this mean?
That this is NOT a Democrat or Republican issue.
Our country was founded on the premise that there is a Supreme Being and that we have inalianable rights & are answerable to our Maker, NOT to a government.  We ARE the government, hence, the 'Representative Republic' that we are.  A democracy equals Mob Rule which means that the voting majority can make any law no matter if it conflicts with an individuals personal, 'God given' (assumed), rights.  We are NOT a democracy.
We have the power on one.  One voice.  It CAN make a difference.

Enter: money, money, money, money...control.  Fear.
Money?  The federal reserve bank which is privately owed.
Control?  (Dec. 1913) The federal reserve bank was given the power to tax.
Fear?  The IRS who is the goon squad for the federal reserve bank (which is privately owned).

Corporate tax?  Corporations are nothing more than 'entities' (think of them as 'extra' citizens) who are set up to encourage individuals to invest & take risks without personal liability...nobody in their right mind would build a company without some sort of protection from crazy law suits!  Nobody!
These corporations have built this nation.  The ceo's pay their taxes...then the corp. pays theirs.  And it's too damn high.  It's double taxation.  Especially C-corps.  The cost of 'doing business' is always passed on to the consumer...it must be.  Duh.
Our government, from the city to the county, state & fed ALL want a 'piece' of the pie...Guess what?  The consumer pays for that, too.  Inflation anyone?

I'd really like to ask those who think that "If I just had my health care paid for, and felt secure knowing my family wouldn't starve or freeze to death and an education for my children...".
My question?
What the hell ya got to get up for in the morning then?  Where's the lion on your a**?
Oh!  You want the big bad corporations to pay for it?  Hmmmm...make your dear beloved government who works for you steal it & give it to ya?
It's not working.
If we want freedom & choice...Liberty...if we want to continue to make our own decisions about what 'drives' us, what dreams we want to pursue, if any, then we better rally for those who have invested & taken risks that the majority of us wouldn't take...instead of running them out of our country because someone told us that they 'owe' us.  Bullsh**.  They owe us nothing.

Government continues to get bigger & bigger...yet, it never trickles down like people think it should.  And it never will.
(Ok...over my rant...for now.  Just so tired of feeling like we're losing our country...God Blessed us...pray it continues).

 
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IB1UKNO
Reg. Apr 2014
Posted 2014-08-28 9:09 AM
Subject: RE: So Burger King is moving to Canada?




2525
musikmaker - 2014-08-28 12:17 AM

Oh my.
One more time:  Our Constitution is not a partisan document.
What does this mean?
That this is NOT a Democrat or Republican issue.
Our country was founded on the premise that there is a Supreme Being and that we have inalianable rights & are answerable to our Maker, NOT to a government.  We ARE the government, hence, the 'Representative Republic' that we are.  A democracy equals Mob Rule which means that the voting majority can make any law no matter if it conflicts with an individuals personal, 'God given' (assumed), rights.  We are NOT a democracy.
We have the power on one.  One voice.  It CAN make a difference.

Enter: money, money, money, money...control.  Fear.
Money?  The federal reserve bank which is privately owed.
Control?  (Dec. 1913) The federal reserve bank was given the power to tax.
Fear?  The IRS who is the goon squad for the federal reserve bank (which is privately owned).

Corporate tax?  Corporations are nothing more than 'entities' (think of them as 'extra' citizens) who are set up to encourage individuals to invest & take risks without personal liability...nobody in their right mind would build a company without some sort of protection from crazy law suits!  Nobody!
These corporations have built this nation.  The ceo's pay their taxes...then the corp. pays theirs.  And it's too damn high.  It's double taxation.  Especially C-corps.  The cost of 'doing business' is always passed on to the consumer...it must be.  Duh.
Our government, from the city to the county, state & fed ALL want a 'piece' of the pie...Guess what?  The consumer pays for that, too.  Inflation anyone?

I'd really like to ask those who think that "If I just had my health care paid for, and felt secure knowing my family wouldn't starve or freeze to death and an education for my children...".
My question?
What the hell ya got to get up for in the morning then?  Where's the lion on your a**?
Oh!  You want the big bad corporations to pay for it?  Hmmmm...make your dear beloved government who works for you steal it & give it to ya?
It's not working.
If we want freedom & choice...Liberty...if we want to continue to make our own decisions about what 'drives' us, what dreams we want to pursue, if any, then we better rally for those who have invested & taken risks that the majority of us wouldn't take...instead of running them out of our country because someone told us that they 'owe' us.  Bullsh**.  They owe us nothing.

Government continues to get bigger & bigger...yet, it never trickles down like people think it should.  And it never will.
(Ok...over my rant...for now.  Just so tired of feeling like we're losing our country...God Blessed us...pray it continues).

 

Bait for the deliberately misinformed masses.
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Bear
Reg. Dec 2007
Posted 2014-08-28 9:16 AM
Subject: RE: So Burger King is moving to Canada?



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IB1UKNO, I had some questions on an earlier post from last night. I'm interested in your opinion.
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RidenFly
Reg. Nov 2006
Posted 2014-08-28 9:40 AM
Subject: RE: So Burger King is moving to Canada?



Hawty & Nawty


Posts: 20424
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Music Maker you continue to inspire and amaze me.  
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musikmaker
Reg. Sep 2004
Posted 2014-08-28 10:40 AM
Subject: RE: So Burger King is moving to Canada?



Nicknameless


Posts: 4565
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IB1UKNO - 2014-08-28 8:09 AM
musikmaker - 2014-08-28 12:17 AM Oh my.

One more time:  Our Constitution is not a partisan document.

What does this mean?

That this is NOT a Democrat or Republican issue.

Our country was founded on the premise that there is a Supreme Being and that we have inalianable rights & are answerable to our Maker, NOT to a government.  We ARE the government, hence, the 'Representative Republic' that we are.  A democracy equals Mob Rule which means that the voting majority can make any law no matter if it conflicts with an individuals personal, 'God given' (assumed), rights.  We are NOT a democracy.

We have the power on one.  One voice.  It CAN make a difference.



Enter: money, money, money, money...control.  Fear.

Money?  The federal reserve bank which is privately owed.

Control?  (Dec. 1913) The federal reserve bank was given the power to tax.

Fear?  The IRS who is the goon squad for the federal reserve bank (which is privately owned).



Corporate tax?  Corporations are nothing more than 'entities' (think of them as 'extra' citizens) who are set up to encourage individuals to invest & take risks without personal liability...nobody in their right mind would build a company without some sort of protection from crazy law suits!  Nobody!

These corporations have built this nation.  The ceo's pay their taxes...then the corp. pays theirs.  And it's too damn high.  It's double taxation.  Especially C-corps.  The cost of 'doing business' is always passed on to the consumer...it must be.  Duh.

Our government, from the city to the county, state & fed ALL want a 'piece' of the pie...Guess what?  The consumer pays for that, too.  Inflation anyone?



I'd really like to ask those who think that "If I just had my health care paid for, and felt secure knowing my family wouldn't starve or freeze to death and an education for my children...".

My question?

What the hell ya got to get up for in the morning then?  Where's the lion on your a**?

Oh!  You want the big bad corporations to pay for it?  Hmmmm...make your dear beloved government who works for you steal it & give it to ya?

It's not working.

If we want freedom & choice...Liberty...if we want to continue to make our own decisions about what 'drives' us, what dreams we want to pursue, if any, then we better rally for those who have invested & taken risks that the majority of us wouldn't take...instead of running them out of our country because someone told us that they 'owe' us.  Bullsh**.  They owe us nothing.



Government continues to get bigger & bigger...yet, it never trickles down like people think it should.  And it never will.

(Ok...over my rant...for now.  Just so tired of feeling like we're losing our country...God Blessed us...pray it continues).


 
Bait for the deliberately misinformed masses.

Yes...the government is baiting the deliberately misinformed masses. And some of us are calling them on it.  Some of us are showing the world that the government has no teeth when we assert our rights.
Whatever happened to Bundy?  To those of us who 'dared' to ride atv's on our own land?
Nothing.  We broke no laws.

I'm going to keep saying this until the day I die...the power of the people is in 'land ownership'.  This is precisely what our forefathers came here for...they couldn't own land in other countries...the government owned & controlled it.  It's happening right here in America under our own noses & we're too stupid or lazy to stop it.  The very 'second' that the 'public lands' are turned over to the fed in any way...our Constitution is null & void. 
Then what do we have?
Lawlessness.  Martial law?  Naw...no military.  Unless you want to enter the U.N.

That may seem a little farfetched to most...it isn't.  When we start rewriting, deleting, changing our Constitution it has far reaching consequences.
Ignorance of the law is no excuse for our judges any more than for citizens, yet, they consistantly legislate from the bench...pretend that they actually have the power to do so!  Amazing.
The SCOTUS is not set up to 'interpret' the Constitution...it's job is to prevent additional laws that are not Constitutional.  Study the often ignored 9th Amendment.

The Constitution has never been 'changed', Amendments have been added to specify particular rulings & add 'layers' of control to outside interests because the Constitution forbids the government to have these controls...all the 'outside' alphabet agencies need to go!  They do not have the authority to do what they do!
Ever wondered how the IRS can send threatening letters with wrong info?  They do this to get your attention, they know what you owe...but, paying taxes is voluntary & they have no jurisdiction until you send them the 'correct' info...voluntarily.  What a slimy bunch.  Trickery. (Yes, I pay my taxes!  I'm just as entrenched as everyone else).

Ever wondered why our social security payments are spent every year?  Because it's against the law of the land for our government to be 'in business'.  To collect unnecessary funds.  They MUST be spent.
We originally collected funds through import taxes to cover the cost of governing this great nation & protection of our borders...I can't remember off the top of my head what year it was, however, we had too much money so the import tax was suspended...and never reinstated.  Enter the income tax.

I know history is 'boring' to some, especially this type...it's just so important & it's not taught in our government funded schools.  Why would it be?

So...now the BLM is stating that they are one agency that actually 'makes' money!!!!  Get it?

Lol...sorry for my rants...but, if even one person gets inflamed & commits to learning more (even if to prove me wrong!), then good deal.  This is our country we're talking about, the future of our children & the safe haven to the entire world.  We need to dig in & see why big corporations are leaving, why our economy is sinking...we need to save our country.  It's much deeper than we realize.
God Bless.

 
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musikmaker
Reg. Sep 2004
Posted 2014-08-28 10:42 AM
Subject: RE: So Burger King is moving to Canada?



Nicknameless


Posts: 4565
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RidenFly - 2014-08-28 8:40 AM Music Maker you continue to inspire and amaze me.  
Thank you, Riden...I've been trying real hard to zip it up...just doesn't work for me!  Lol!

I want to add...you've inspired me on countless occasions, and, I really dont know what else to say! ha. me. speechless. imagine.

 

Edited by musikmaker 2014-08-28 11:04 AM
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Bear
Reg. Dec 2007
Posted 2014-08-28 11:03 AM
Subject: RE: So Burger King is moving to Canada?



BHW Resident Surgeon


Posts: 25351
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Musikmaker, I love how you think and always enjoy your posts, even in the rare instances where we might not agree. I love your heart and fighting spirit.
Your name fits you to a "T"......Joy.
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musikmaker
Reg. Sep 2004
Posted 2014-08-28 11:09 AM
Subject: RE: So Burger King is moving to Canada?



Nicknameless


Posts: 4565
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Location: I can see the end of the world from here!
HotbearLVR - 2014-08-28 10:03 AM Musikmaker, I love how you think and always enjoy your posts, even in the rare instances where we might not agree. I love your heart and fighting spirit. Your name fits you to a "T"......Joy.

Thanks, Scott...I have to say, though...these are not my ideas.  And they aren't 'ideals' of a foreign nature...it's what our country is based on.  The fighting spirit!  Standing up to the bully.  For ourselves & each other...always working to attain the perfect balance between spiritual growth & 'rightness' in this world.  The Golden Rule.

(When did we ever disagree?  Lol)...have a good one!

 
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ndiehl
Reg. Feb 2011
Posted 2014-08-28 4:43 PM
Subject: RE: So Burger King is moving to Canada?



Can You Hear Me Now?


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Location: When you hit the middle of nowhere .. Keep driving
I just heard they bought out our Tim Hortons so that could be part of it. I know Burger King themselves aren't successful in our area and actually closed down all locations. It is strange.
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Bear
Reg. Dec 2007
Posted 2014-08-28 4:57 PM
Subject: RE: So Burger King is moving to Canada?



BHW Resident Surgeon


Posts: 25351
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Well if you listen to the progressives here in the States, they will tell you that you can keep Burger King, and any other traitorous corporation that decides to escape the excessive regulations, intrusions, and taxes imposed by our federal government. They are unpatriotic traitors.

Funny how that works.....I wonder if the Obamunists feel that way about Jeff Immelt and General Electric, along with other corporations they have jumped into bed with.
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GoGaited
Reg. May 2013
Posted 2014-08-28 7:38 PM
Subject: RE: So Burger King is moving to Canada?



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Posts: 292
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TXBO - 2014-08-26 11:15 AM
sassy&tessa - 2014-08-26 10:34 AM I think people are making some huge assumptions on what they think has gone down in negotiations.  There has been a lot of mergers in agribusiness as of late and when an acquisition as large as this occurs, there are some things on both sides of the table that are non-negotiable.  Yes it is advantageous for Burger King to move HQ but without knowing the whole story, I wouldn't be so quick to freak out and call them a traitor as some are.



PS-I have a friend that owns a huge chain in BK's in California.  If anyone should be upset by this it should probably be franchisee owners.  He is not. 
These aren't assumptions.  This has been a very transparent inversion transaction orchestrated by two tycoons, Warren Buffett and Jorge Lemann.



Buffett's not a traitor but he is a freaking hypocrite. 

Oh I don't know, a guy willing to sell the entire country out on keystone and keep us dependent on koranimal oil sounds like a frakking traitor to me.
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Nevertooold
Reg. Oct 2003
Posted 2014-08-29 7:14 PM
Subject: RE: So Burger King is moving to Canada?



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musikmaker - 2014-08-28 10:40 AM
IB1UKNO - 2014-08-28 8:09 AM
musikmaker - 2014-08-28 12:17 AM Oh my.

One more time:  Our Constitution is not a partisan document.

What does this mean?

That this is NOT a Democrat or Republican issue.

Our country was founded on the premise that there is a Supreme Being and that we have inalianable rights & are answerable to our Maker, NOT to a government.  We ARE the government, hence, the 'Representative Republic' that we are.  A democracy equals Mob Rule which means that the voting majority can make any law no matter if it conflicts with an individuals personal, 'God given' (assumed), rights.  We are NOT a democracy.

We have the power on one.  One voice.  It CAN make a difference.



Enter: money, money, money, money...control.  Fear.

Money?  The federal reserve bank which is privately owed.

Control?  (Dec. 1913) The federal reserve bank was given the power to tax.

Fear?  The IRS who is the goon squad for the federal reserve bank (which is privately owned).



Corporate tax?  Corporations are nothing more than 'entities' (think of them as 'extra' citizens) who are set up to encourage individuals to invest & take risks without personal liability...nobody in their right mind would build a company without some sort of protection from crazy law suits!  Nobody!

These corporations have built this nation.  The ceo's pay their taxes...then the corp. pays theirs.  And it's too damn high.  It's double taxation.  Especially C-corps.  The cost of 'doing business' is always passed on to the consumer...it must be.  Duh.

Our government, from the city to the county, state & fed ALL want a 'piece' of the pie...Guess what?  The consumer pays for that, too.  Inflation anyone?



I'd really like to ask those who think that "If I just had my health care paid for, and felt secure knowing my family wouldn't starve or freeze to death and an education for my children...".

My question?

What the hell ya got to get up for in the morning then?  Where's the lion on your a**?

Oh!  You want the big bad corporations to pay for it?  Hmmmm...make your dear beloved government who works for you steal it & give it to ya?

It's not working.

If we want freedom & choice...Liberty...if we want to continue to make our own decisions about what 'drives' us, what dreams we want to pursue, if any, then we better rally for those who have invested & taken risks that the majority of us wouldn't take...instead of running them out of our country because someone told us that they 'owe' us.  Bullsh**.  They owe us nothing.



Government continues to get bigger & bigger...yet, it never trickles down like people think it should.  And it never will.

(Ok...over my rant...for now.  Just so tired of feeling like we're losing our country...God Blessed us...pray it continues).


 
Bait for the deliberately misinformed masses.
Yes...the government is baiting the deliberately misinformed masses. And some of us are calling them on it.  Some of us are showing the world that the government has no teeth when we assert our rights.

Whatever happened to Bundy?  To those of us who 'dared' to ride atv's on our own land?

Nothing.  We broke no laws.



I'm going to keep saying this until the day I die...the power of the people is in 'land ownership'.  This is precisely what our forefathers came here for...they couldn't own land in other countries...the government owned & controlled it.  It's happening right here in America under our own noses & we're too stupid or lazy to stop it.  The very 'second' that the 'public lands' are turned over to the fed in any way...our Constitution is null & void. 

Then what do we have?

Lawlessness.  Martial law?  Naw...no military.  Unless you want to enter the U.N.



That may seem a little farfetched to most...it isn't.  When we start rewriting, deleting, changing our Constitution it has far reaching consequences.

Ignorance of the law is no excuse for our judges any more than for citizens, yet, they consistantly legislate from the bench...pretend that they actually have the power to do so!  Amazing.

The SCOTUS is not set up to 'interpret' the Constitution...it's job is to prevent additional laws that are not Constitutional.  Study the often ignored 9th Amendment.



The Constitution has never been 'changed', Amendments have been added to specify particular rulings & add 'layers' of control to outside interests because the Constitution forbids the government to have these controls...all the 'outside' alphabet agencies need to go!  They do not have the authority to do what they do!

Ever wondered how the IRS can send threatening letters with wrong info?  They do this to get your attention, they know what you owe...but, paying taxes is voluntary & they have no jurisdiction until you send them the 'correct' info...voluntarily.  What a slimy bunch.  Trickery. (Yes, I pay my taxes!  I'm just as entrenched as everyone else).



Ever wondered why our social security payments are spent every year?  Because it's against the law of the land for our government to be 'in business'.  To collect unnecessary funds.  They MUST be spent.

We originally collected funds through import taxes to cover the cost of governing this great nation & protection of our borders...I can't remember off the top of my head what year it was, however, we had too much money so the import tax was suspended...and never reinstated.  Enter the income tax.



I know history is 'boring' to some, especially this type...it's just so important & it's not taught in our government funded schools.  Why would it be?



So...now the BLM is stating that they are one agency that actually 'makes' money!!!!  Get it?



Lol...sorry for my rants...but, if even one person gets inflamed & commits to learning more (even if to prove me wrong!), then good deal.  This is our country we're talking about, the future of our children & the safe haven to the entire world.  We need to dig in & see why big corporations are leaving, why our economy is sinking...we need to save our country.  It's much deeper than we realize.

God Bless.


 

I agree with Riden..You are always inspiring..

My husband and I were just talking about how our history is no longer taught or that the younger generation is incredibly stupid. I say they are no longer teaching OUR history because the government doesn't want the younger generation to know the above you have posted. They are now starting to indocrinate kids younger and younger and calling it head start. It's head start alright..Head start to start filling our kids with BS and Liberalism..

Did you see how Michigan just passed a law against small farming operations?


 
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