I'm Done Eating At Burger King

[Quantum Windbag]

Perhaps you can enlighten us how a foreign corporation pays US taxes......

Sigh.

They pay payroll, sales, and even corporate taxes on all business conducted inside the borders of this country. The advantage they get is that they do not have to pay taxes on earnings outside this country, unlike US corporations that are forced to pay taxes on both foreign and domestic earnings. If you really ran a business that put you in the 1% your CPA would have explained this to you by now, which just proves you have been lying since the first day you posted on this site.

 

[boedicca]

It's unfortunate that you don't understand the tax code, but given its complexity, your ignorance is understandable.

Perhaps you can enlighten us how a foreign corporation pays US taxes......

Curious how an account with that name and background doesn't know what their specialty is.

You should, by your avatar and signatures, enlighten him...

The 1% of income earners in the U.S. range from a Marketing Director Married To A Nurse on up to MarkyMark Zuckerberg. It's insane to lump such a wide variety together.

 

[Quantum Windbag]

So you say it wasn't a tax driven deal, but you also say Buffet consulted on the tax driven aspects of the deal?

lol.

Does the fact that a deal can have multiple beneficial effects, some of which are more immediate and important than others, confuse you?

 

[NYcarbineer]

So you say it wasn't a tax driven deal, but you also say Buffet consulted on the tax driven aspects of the deal?

lol.

Does the fact that a deal can have multiple beneficial effects, some of which are more immediate and important than others, confuse you?

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

 

[Pogo]

You are a blithering idiot. BK will continue to pay taxes on its U.S. based operations.

Really? How does that work?

Ask Romney, he always had an answer, or did he?

"Jeep's moving to China!"

At least Romney knows we have 50 states. Here are some more Romney accuracies:


1. Romney said that Russia was a serious strategic threat to the US. The administration not only disagreed, it laughed the idea down. Now, it’s Putin who is laughing. Ukraine is in crisis, a passenger plane has been downed and America’s leadership is in question. Putin also put the kibosh on tackling Syria: so his reach extends well beyond the old USSR.

2. Romney said that Obamacare would be hard to implement and it sure was. The website barely functioned and the pledge that people could keep their own plans turned out to be a lie. There’s strong evidence that Obamacare has helped to insure the previously uninsurable, but the cost to business is yet to be seen. Also, it has created a whole new culture war struggle over the provision of contraception. Sandra Fluke’s campaign for free love was not an outlier but a vision of the future.

3. Romney said that Obama would struggle to work with Congress. Since 2012 we have had a round of fiscal standoffs and a humiliating shutdown of the federal government. Now there is wild talk of impeachment, while the President retreats to the golf course.

4. Romney took a strong stance on illegal immigration that might have seemed harsh or even irrelevant in 2012. Now US towns are besieged by a surge of children crossing the border – a humanitarian tragedy that is sorely testing the conscience of America. One poll found that almost half of Americans blame Obama’s policies for the problem, either because they have confused matters or because his rhetoric has encouraged more and more migration....

Mitt Romney was right about everything in 2012. So why not Romney 2016 8211 Telegraph Blogs

Sorry Bo but "Jeep moving to China" stands as the worst foot-in-mouth faux pas of that entire presidential campaign and one of the worst ever in recent history in terms of pure demagoguic bullshit.

Know what makes it so poignant?

Not only was Jeep planning to restart and expand abandoned plants in China (as well as in Ohio and Michigan, all of which was testimony to how well the company was doing, thereby making the opposite point from what he intended) but Romney was in a unique position to know the Jeep business since his own father literally ran the company. The level of blind ignorance from a guy claiming to have business acumen as a selling point, when anyone with a Google page could see the company had actually started China production over thirty years ago, let alone the history of a company that was literally in his own family, cannot be overstated.

I think that preposterous gaffe cost him both Ohio and his birth state of Michigan, where voters with new and expanded jobs could see the level of bullshit they were being spoon fed.

 

[boedicca]

You are a blithering idiot. BK will continue to pay taxes on its U.S. based operations.

Really? How does that work?

Ask Romney, he always had an answer, or did he?

"Jeep's moving to China!"

At least Romney knows we have 50 states. Here are some more Romney accuracies:


1. Romney said that Russia was a serious strategic threat to the US. The administration not only disagreed, it laughed the idea down. Now, it’s Putin who is laughing. Ukraine is in crisis, a passenger plane has been downed and America’s leadership is in question. Putin also put the kibosh on tackling Syria: so his reach extends well beyond the old USSR.

2. Romney said that Obamacare would be hard to implement and it sure was. The website barely functioned and the pledge that people could keep their own plans turned out to be a lie. There’s strong evidence that Obamacare has helped to insure the previously uninsurable, but the cost to business is yet to be seen. Also, it has created a whole new culture war struggle over the provision of contraception. Sandra Fluke’s campaign for free love was not an outlier but a vision of the future.

3. Romney said that Obama would struggle to work with Congress. Since 2012 we have had a round of fiscal standoffs and a humiliating shutdown of the federal government. Now there is wild talk of impeachment, while the President retreats to the golf course.

4. Romney took a strong stance on illegal immigration that might have seemed harsh or even irrelevant in 2012. Now US towns are besieged by a surge of children crossing the border – a humanitarian tragedy that is sorely testing the conscience of America. One poll found that almost half of Americans blame Obama’s policies for the problem, either because they have confused matters or because his rhetoric has encouraged more and more migration....

Mitt Romney was right about everything in 2012. So why not Romney 2016 8211 Telegraph Blogs

Sorry Bo but "Jeep moving to China" stands as the worst foot-in-mouth faux pas of that entire presidential campaign and one of the worst ever in recent history in terms of pure demagoguic bullshit.

Know what makes it so poignant?

Not only was Jeep planning to restart and expand abandoned plants in China (as well as in Ohio and Michigan, all of which was testimony to how well the company was doing, thereby making the opposite point from what he intended) but Romney was in a unique position to know the Jeep business since his own father literally ran the company. The level of blind ignorance from a guy claiming to have business acumen as a selling point, when anyone with a Google page could see the company had actually started China production over thirty years ago, let alone the history of a company that was literally in his own family, cannot be overstated.

I think that preposterous gaffe cost him both Ohio and his birth state of Michigan, where voters with new and expanded jobs could see the level of bullshit they were being spoon fed.

Only the left fixates on that. It was not the worst gaffe by a long shot.

Obama's lies, such as, if you like your plan you can keep your plan (and doctor), are much more firmly ingrained in the national memory.

 

[Pogo]

You are a blithering idiot. BK will continue to pay taxes on its U.S. based operations.

Really? How does that work?

Ask Romney, he always had an answer, or did he?

"Jeep's moving to China!"

At least Romney knows we have 50 states. Here are some more Romney accuracies:


1. Romney said that Russia was a serious strategic threat to the US. The administration not only disagreed, it laughed the idea down. Now, it’s Putin who is laughing. Ukraine is in crisis, a passenger plane has been downed and America’s leadership is in question. Putin also put the kibosh on tackling Syria: so his reach extends well beyond the old USSR.

2. Romney said that Obamacare would be hard to implement and it sure was. The website barely functioned and the pledge that people could keep their own plans turned out to be a lie. There’s strong evidence that Obamacare has helped to insure the previously uninsurable, but the cost to business is yet to be seen. Also, it has created a whole new culture war struggle over the provision of contraception. Sandra Fluke’s campaign for free love was not an outlier but a vision of the future.

3. Romney said that Obama would struggle to work with Congress. Since 2012 we have had a round of fiscal standoffs and a humiliating shutdown of the federal government. Now there is wild talk of impeachment, while the President retreats to the golf course.

4. Romney took a strong stance on illegal immigration that might have seemed harsh or even irrelevant in 2012. Now US towns are besieged by a surge of children crossing the border – a humanitarian tragedy that is sorely testing the conscience of America. One poll found that almost half of Americans blame Obama’s policies for the problem, either because they have confused matters or because his rhetoric has encouraged more and more migration....

Mitt Romney was right about everything in 2012. So why not Romney 2016 8211 Telegraph Blogs

Sorry Bo but "Jeep moving to China" stands as the worst foot-in-mouth faux pas of that entire presidential campaign and one of the worst ever in recent history in terms of pure demagoguic bullshit.

Know what makes it so poignant?

Not only was Jeep planning to restart and expand abandoned plants in China (as well as in Ohio and Michigan, all of which was testimony to how well the company was doing, thereby making the opposite point from what he intended) but Romney was in a unique position to know the Jeep business since his own father literally ran the company. The level of blind ignorance from a guy claiming to have business acumen as a selling point, when anyone with a Google page could see the company had actually started China production over thirty years ago, let alone the history of a company that was literally in his own family, cannot be overstated.

I think that preposterous gaffe cost him both Ohio and his birth state of Michigan, where voters with new and expanded jobs could see the level of bullshit they were being spoon fed.

Only the left fixates on that. It was not the worst gaffe by a long shot.

Obama's lies, such as, if you like your plan you can keep your plan (and doctor), are much more firmly ingrained in the national memory.

Umm, don't think so. When you shoot yourself in the foot in late October and the election's in early November... it's "thanks for playin'". The numbers are what the numbers are. Not even Karl Rove's new math could pull that one out of the toilet.

(/offtropics)

 

[Ava]

American restaurants are, in the main, dog shit.

I'll still do my annual BK lunch of one bacon double cheeseburger, small fries and diet coke.

 

[boedicca]

So you say it wasn't a tax driven deal, but you also say Buffet consulted on the tax driven aspects of the deal?

lol.

Does the fact that a deal can have multiple beneficial effects, some of which are more immediate and important than others, confuse you?

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

Here's you go:

BurgerKing in the U.S. is doing quite poorly, and quite a few stores have closed in the recent past. Their overseas operations are growing, and generating profits. That cash is being held offshore because BK doesn't want to pay 35% of it in taxes after it has already paid local income taxes. By moving to Canada, it can repatriate cash, invest in innovation, and create better returns for its shareholders (which is its fiduciary responsibility).

It's a shame that our system discourages such repatriation of cash.

 

[Quantum Windbag]

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

Never claimed to be an expert on business, why don't you ask the fake business expert OnePercenter?

 

[Quantum Windbag]

Sorry Bo but "Jeep moving to China" stands as the worst foot-in-mouth faux pas of that entire presidential campaign and one of the worst ever in recent history in terms of pure demagoguic bullshit.

Know what makes it so poignant?

Not only was Jeep planning to restart and expand abandoned plants in China (as well as in Ohio and Michigan, all of which was testimony to how well the company was doing, thereby making the opposite point from what he intended) but Romney was in a unique position to know the Jeep business since his own father literally ran the company. The level of blind ignorance from a guy claiming to have business acumen as a selling point, when anyone with a Google page could see the company had actually started China production over thirty years ago, let alone the history of a company that was literally in his own family, cannot be overstated.

I think that preposterous gaffe cost him both Ohio and his birth state of Michigan, where voters with new and expanded jobs could see the level of bullshit they were being spoon fed.

The Romney's never ran GM.

 

[Pogo]

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

Never claimed to be an expert on business, why don't you ask the fake business expert OnePercenter?

Translation:

"No".

 

[Pogo]

Sorry Bo but "Jeep moving to China" stands as the worst foot-in-mouth faux pas of that entire presidential campaign and one of the worst ever in recent history in terms of pure demagoguic bullshit.

Know what makes it so poignant?

Not only was Jeep planning to restart and expand abandoned plants in China (as well as in Ohio and Michigan, all of which was testimony to how well the company was doing, thereby making the opposite point from what he intended) but Romney was in a unique position to know the Jeep business since his own father literally ran the company. The level of blind ignorance from a guy claiming to have business acumen as a selling point, when anyone with a Google page could see the company had actually started China production over thirty years ago, let alone the history of a company that was literally in his own family, cannot be overstated.

I think that preposterous gaffe cost him both Ohio and his birth state of Michigan, where voters with new and expanded jobs could see the level of bullshit they were being spoon fed.

The Romney's never ran GM.

Sure didn't. What's GM got to do with Jeep? It's never been a part of GM, ever.
Everybody knows Jeep is run by "Tom Horton's"

 

[NYcarbineer]

So you say it wasn't a tax driven deal, but you also say Buffet consulted on the tax driven aspects of the deal?

lol.

Does the fact that a deal can have multiple beneficial effects, some of which are more immediate and important than others, confuse you?

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

Here's you go:

BurgerKing in the U.S. is doing quite poorly, and quite a few stores have closed in the recent past. Their overseas operations are growing, and generating profits. That cash is being held offshore because BK doesn't want to pay 35% of it in taxes after it has already paid local income taxes. By moving to Canada, it can repatriate cash, invest in innovation, and create better returns for its shareholders (which is its fiduciary responsibility).

It's a shame that our system discourages such repatriation of cash.

Tell the Windbag then. He's the one insisting that it's not a deal driven by taxes.

 

[NYcarbineer]

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

Never claimed to be an expert on business...

Then take off the costume.

 

[DrDoomNGloom]

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

What difference does it make what he order is, the question would be can you agree with a Washington Post Reporter??

Independent of what the merger might mean for the company's corporate tax rates, there are compelling reasons for why one of America's largest burger chains might choose to team up with Canada's biggest coffee house.

For one, Burger King has been itching to gain a greater share of the coveted American breakfast market. Breakfast sales at fast food chains have swelled to more than $50 billion. They're also the industry's fastest growing segment—breakfast was responsible for 90 percent of the industry's growth between 2007 and 2012. Tim Hortons offers a particularly strong entry into both the U.S. and Canadian breakfast markets—the coffee chain has more than twice as many stores per capita in Canada than McDonald's has in the U.S..

Tim Hortons has also been been looking to grow internationally, a process which Burger King's global footprint might be able to help expedite. "A key driver of these discussions is the potential to leverage Burger King's worldwide footprint and experience in global development to accelerate Tim Hortons growth in international markets," the companies said in their statement.

Have taxes your way Why Burger King wants to become a Canadian citizen - The Washington Post

And whatever you do ..... If you want to make the claim the US tax rate is only 15%, for God's sake, do not scroll down and look at the picture??

 

[NYcarbineer]

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

What difference does it make what he order is, the question would be can you agree with a Washington Post Reporter??

Independent of what the merger might mean for the company's corporate tax rates, there are compelling reasons for why one of America's largest burger chains might choose to team up with Canada's biggest coffee house.

For one, Burger King has been itching to gain a greater share of the coveted American breakfast market. Breakfast sales at fast food chains have swelled to more than $50 billion. They're also the industry's fastest growing segment—breakfast was responsible for 90 percent of the industry's growth between 2007 and 2012. Tim Hortons offers a particularly strong entry into both the U.S. and Canadian breakfast markets—the coffee chain has more than twice as many stores per capita in Canada than McDonald's has in the U.S..

Tim Hortons has also been been looking to grow internationally, a process which Burger King's global footprint might be able to help expedite. "A key driver of these discussions is the potential to leverage Burger King's worldwide footprint and experience in global development to accelerate Tim Hortons growth in international markets," the companies said in their statement.

Have taxes your way Why Burger King wants to become a Canadian citizen - The Washington Post

And whatever you do ..... If you want to make the claim the US tax rate is only 15%, for God's sake, do not scroll down and look at the picture??

Burger King doesn't have to move its headquarters to Canada to grow internationally. Nor does it have to move to Canada in order to bring Tim Horton's to the US.

 

[percysunshine]

It's unfortunate that you don't understand the tax code, but given its complexity, your ignorance is understandable.

Perhaps you can enlighten us how a foreign corporation pays US taxes......

Curious how an account with that name and background doesn't know what their specialty is.

You should, by your avatar and signatures, enlighten him...

The 1% of income earners in the U.S. range from a Marketing Director Married To A Nurse on up to MarkyMark Zuckerberg. It's insane to lump such a wide variety together.

.

That sort of depends on how cute the nurse is.

.

 

[NYcarbineer]

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

What difference does it make what he order is, the question would be can you agree with a Washington Post Reporter??

Independent of what the merger might mean for the company's corporate tax rates, there are compelling reasons for why one of America's largest burger chains might choose to team up with Canada's biggest coffee house.

For one, Burger King has been itching to gain a greater share of the coveted American breakfast market. Breakfast sales at fast food chains have swelled to more than $50 billion. They're also the industry's fastest growing segment—breakfast was responsible for 90 percent of the industry's growth between 2007 and 2012. Tim Hortons offers a particularly strong entry into both the U.S. and Canadian breakfast markets—the coffee chain has more than twice as many stores per capita in Canada than McDonald's has in the U.S..

Tim Hortons has also been been looking to grow internationally, a process which Burger King's global footprint might be able to help expedite. "A key driver of these discussions is the potential to leverage Burger King's worldwide footprint and experience in global development to accelerate Tim Hortons growth in international markets," the companies said in their statement.

Have taxes your way Why Burger King wants to become a Canadian citizen - The Washington Post

And whatever you do ..... If you want to make the claim the US tax rate is only 15%, for God's sake, do not scroll down and look at the picture??

The 35 percent corporate tax rate canard - National populist Examiner.com

 

[DrDoomNGloom]

Can you list the supposed beneficial effects in this deal, in order of importance, and prove that order is correct?

What difference does it make what he order is, the question would be can you agree with a Washington Post Reporter??

Independent of what the merger might mean for the company's corporate tax rates, there are compelling reasons for why one of America's largest burger chains might choose to team up with Canada's biggest coffee house.

For one, Burger King has been itching to gain a greater share of the coveted American breakfast market. Breakfast sales at fast food chains have swelled to more than $50 billion. They're also the industry's fastest growing segment—breakfast was responsible for 90 percent of the industry's growth between 2007 and 2012. Tim Hortons offers a particularly strong entry into both the U.S. and Canadian breakfast markets—the coffee chain has more than twice as many stores per capita in Canada than McDonald's has in the U.S..

Tim Hortons has also been been looking to grow internationally, a process which Burger King's global footprint might be able to help expedite. "A key driver of these discussions is the potential to leverage Burger King's worldwide footprint and experience in global development to accelerate Tim Hortons growth in international markets," the companies said in their statement.

Have taxes your way Why Burger King wants to become a Canadian citizen - The Washington Post

And whatever you do ..... If you want to make the claim the US tax rate is only 15%, for God's sake, do not scroll down and look at the picture??

Burger King doesn't have to move its headquarters to Canada to grow internationally. Nor does it have to move to Canada in order to bring Tim Horton's to the US.

You are arguing with a Washington Post Reporters story, not me ...........
Until you have credentials that are equal to or rival his, then I know who has credibility and who doesn't ................