Burger King is getting whopped over its plan to avoid U.S. taxes by fleeing to Canada.
People flooded the fast-food chain’s Facebook page on Monday with threats of a boycott after the company announced talks to merge with Canadian coffee and doughnut chain Tim Hortons. The combined company would be headquartered in Canada.
Burger King is just the latest American company to attempt a so-called tax inversion -- where a bigger U.S. company buys a smaller foreign firm in a country with a lower tax rate, renounces its U.S. corporate citizenship and then reincorporates in the other nation. Politicians and pundits have said the moves amount to little more than unpatriotic ploys to avoid paying taxes.
I say fine, Burger King. Shut down your US stores and enjoy Canada, eh?
Facebook huh..........I'm sure they are all libroids like you..........Libroids eat sprouts and BS, so Burger King dont cater to dummies like you anyway.........
Politicians and pundits huh..........once again, nothing but socialists......