|
|
Hungarian Midget Woman
  
Location: Midwest | 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.
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 |
|
| |
|
 BHW Resident Surgeon
Posts: 25351
Location: Bastrop, Texas | 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.
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. |
|
| |
|
BHW Resident Surgeon
Posts: 25351
Location: Bastrop, Texas | 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.
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 alcoholicÂ
LMAO!!! |
|
| |
|
 Shelter Dog Lover
Posts: 10277
| 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. |
|
| |
|
BHW Resident Surgeon
Posts: 25351
Location: Bastrop, Texas | next we will begin to see Fortune 500 companies relocate to Russia, then Haiti. |
|
| |
|
 Googly Goo
Posts: 7053
| 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. 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. |
|
| |
|
Googly Goo
Posts: 7053
| 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
|
|
| |
|
"Heck's Coming With Me"
Posts: 10794
Location: Kansas | 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. 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.
It's not just high corporate taxes but government regulations out the ying-yang destroying businesses in the US.
|
|
| |
|
Expert
Posts: 1561
| How else will we pay for the war on drugs, welfare,obama care,illegal immigration...MORE TAXES FOR EVERYONE!! |
|
| |
|
 Hugs to You
Posts: 7550
Location: In The Land of Cotton | 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. 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.
Both of them combined are. |
|
| |
|
Googly Goo
Posts: 7053
| 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. |
|
| |
|
BHW Resident Surgeon
Posts: 25351
Location: Bastrop, Texas | 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.Â
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"? |
|
| |
|
 A Somebody to Everybody
Posts: 41354
Location: Under The Big Sky Of Texas |
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... |
|
| |
|
BHW Resident Surgeon
Posts: 25351
Location: Bastrop, Texas | 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. |
|
| |
|
 Go Your Own Way
Posts: 4947
Location: SE KS | 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 - |
|
| |
|
BHW Resident Surgeon
Posts: 25351
Location: Bastrop, Texas | 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. |
|
| |
|
 I Prefer to Live in Fantasy Land
Posts: 64864
Location: In the Hills of Texas | I would like to know why Canada doesn't seem to have all of this kind of BS going on like the US does? |
|
| |
|
 Dog Resuce Agent
Posts: 3459
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......
|
|
| |
|
BHW Resident Surgeon
Posts: 25351
Location: Bastrop, Texas | 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? Â
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". |
|
| |
|
 Hawty & Nawty
Posts: 20424
| 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. |
|
| |
Folks on-line