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 BHW Resident Surgeon
Posts: 25351
  
Location: Bastrop, Texas | 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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 Proud to be Deplorable
Posts: 1929
 
| 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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Extreme Veteran
Posts: 596
Location: Somewhere in the middle of nowhere | 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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 Scorpions R Us
Posts: 9586
Location: So. Cali. | Won't miss them
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 Hugs to You
Posts: 7550
Location: In The Land of Cotton | 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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BHW Resident Surgeon
Posts: 25351
Location: Bastrop, Texas | 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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 A Somebody to Everybody
Posts: 41354
Location: Under The Big Sky Of Texas | 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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 Dr. Ruth
Posts: 9891
Location: Blissfully happy Giants fan!!! | 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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Hungarian Midget Woman
Location: Midwest | NOOOOOOOOOO
I will miss my crossanwiches.......... |
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Proud to be Deplorable
Posts: 1929
| 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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 Texas Taco
Posts: 7499
Location: Bandera, TX | 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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Proud to be Deplorable
Posts: 1929
| 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. Â 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. Â 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. Â If anyone should be upset by this it should probably be franchisee owners. Â He is not.Â
Franchisee owners would not be effected in this is at corp. level. |
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A Somebody to Everybody
Posts: 41354
Location: Under The Big Sky Of Texas | 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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Dr. Ruth
Posts: 9891
Location: Blissfully happy Giants fan!!! | 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. Â 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. Â 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. Â If anyone should be upset by this it should probably be franchisee owners. Â He is not.Â
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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Hungarian Midget Woman
Location: Midwest | 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.
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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 Googly Goo
Posts: 7053
| 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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Proud to be Deplorable
Posts: 1929
| 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. Â 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. Â 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. Â If anyone should be upset by this it should probably be franchisee owners. Â He is not.Â
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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Proud to be Deplorable
Posts: 1929
| 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. Â 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. Â 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. Â If anyone should be upset by this it should probably be franchisee owners. Â He is not.Â
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.Â
BINGO!!!! |
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Googly Goo
Posts: 7053
| 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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 Shelter Dog Lover
Posts: 10277
| 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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Folks on-line