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Burger King Becomes Canadian!
For our Canadian friends it looks like your beloved Tim Horton's is now associated with America's not beloved Burger King.
Burger King is buying Tim Horton's and moving it's HQ to Canada. Apparently a tax advantage in becoming a Canadian company rather than making Tim Horton's an American one. |
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I've never heard of Tim Hortons. Is that a Canadian fast food place?
Walgreen's was going to move its HQ to Switzerland, but earlier this month changed its mind after a big campaign and backlash against them. I don't blame any corporation for wanting to lessen tax rates and maximize profits. |
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Man the economy is in the pooper. Look at all those minimum wage jobs we just lost. Seriously though our govt needs to encourage companies to move here. Not leave.
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You are correct that we need companies moving here not leaving. We clearly need to have our taxes and laws structured to reward companies for being based in the USA. Those who move to avoid taxes should be penalized enough that it doesn't make it worthwhile to do so and our corporate taxes should be fair and reasonable. |
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Remember when VP Biden said paying taxes is patriotic? Whats wrong with Burger King!
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The US taxes Burger King at about 35% corporate rate and Canada's rate is about 15%, What makes the US govt mad is now with the move, Burger King won't have to bring their worldwide profits back into the USA, but will leave them in Canada. Good business by Burger King and lousy business by our Democratic controlled congress.
http://dealbook.nytimes.com/2014/08/...ype=blogs&_r=0 |
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This is the same thing on a international level that Texas governor Rick Perry has done to other states by proselyting companies to Texas with "business friendly environment".
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No Tim Horton's within 50 miles of the Phoenix metro. :(
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Tim Horton's is THE BEST COFFEE EVER! Drinking it now, as a matter of fact! We special order our coffee from their website, or run up to Canada and get some when we can.
Canada has a conservative prime minister, and he has really done a great job enticing business back to Canada. I'm not a huge fan of Burger King, but I really hope that they are able to bring more Tim Horton franchises closer to us here in the US!!!!!!!!!!!!!!! |
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Anyone try Dutch Bros or Dunkin Donuts' coffee?
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Of course now that I am a diabetic my donut days are behind me sadly. A warm glazed donut is the best something can be that is not chocolate! |
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Y'all just need to get on the Tim's bandwagon, eh! There is no other coffee like Tim's... :D
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This is a good move on BKs part because McDonalds has really stepped up their game with their Mccafe coffee. Not quite as tasty as Tim's but it works well when there is no Tim's to be found. If Bk can't compete with Mc Ds French fry, maybe coffee will give them the edge thy need.
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Warren Buffett, Burger King And The Big Money Behind Inversion Deals
The inversion deal wave that has seen American companies purchase foreign companies and reincorporate outside the U.S. to lower taxes has been to a large degree fueled by Wall Street and prominent money mangers. Now, the biggest money man of them all is backing the Burger King Worldwide BKW -3.49% effort to buy Canada’s Tim Hortons doughnut chain and redomicile north of the border. Warren Buffet’s decision to finance Burger King’s inversion transaction, first reported by The Wall Street Journal, is just the latest example of a prominent billionaire investor backing such a deal. In fact, the Burger King inversion deal is being driven by Jorge Paulo Lemann, Brazil’s richest man and co-founder of 3G Capital, the private equity firm that holds a majority stake in Burger King. Full story http://www.forbes.com/sites/nathanva...version-deals/ |
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Joe Biden is a first class idiot. carry on... |
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Oooops Nevermind.
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I just hope to see Tim's on a street corner close to me soon!!!!
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I drank Tim's coffee and would say it was pretty good, for Yankee coffee.:hypercoffee
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Black coffee! UGH!! :spit
No, my coffee has to have the good stuff in it! Heavy cream, turbinado sugar, made with Tim's coffee. Now THAT will get your morning off to a good start, along with some time in the Word!!!!! (My daily routine is Tim's coffee + Word = a great way to start your day!) :coffee2 |
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...Care to serve up some *punctuation* with your coffee rant? LOL |
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