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Saturday, August 30, 2014

BK's Buy-Out Whopper

(Image by Steve Breen)
I usually don't follow business news, because other than Micro & Macro Economics in undergraduate school, I have very little knowledge of big business & high finance. 

But when I'm travelling, it's almost guaranteed that at some point during my trip, I'll stop at a  Burger King for an on-the-go meal.

So it came as somewhat of a surprise that the Home of the Whopper is moving to the Great White North.

This of course, isn't the only company to leave the Good Ol' USA.  And up until now, the media hasn't been too flame-broiled about such corporate chicanery.

Most of the news stories rightly condemn the King and his Court for being a royal family of tax evaders.

But some of them miss the point in that the US has one of the highest, if not the highest, corporate tax rate in the world.

(Image by Chip Bok)

One senator is even calling for a BK boycott, along with closing the tax inversion loophole.


(Image by Nate Beeler)


Between Big Business & Big Government both trying to have it their way, it's the American citizens & consumers who will be the ones eating crap sandwiches.

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