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re: How Burger King pleases the 1 percent, screws its workers
Posted on 12/27/14 at 10:53 pm to inadaze
Posted on 12/27/14 at 10:53 pm to inadaze
quote:
even if the value was a little more, many people will take the higher wage because they can have more dignity
I don't know. But even if so, they don't bear the cost- hence the question of why this is a "trade-off" at all- and it is not appropriate that the choice would be theirs. The customers and the business owners will pay the price.
This post was edited on 12/27/14 at 10:57 pm
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Posted on 12/27/14 at 10:57 pm to Eurocat
this article is beyond dumb and this guy understands nothing about how an economy works or how wealth is generated
but I'll play along for a second...
what does this article say about the hypocrisy of warren buffett considering his involvement in the deal?
but I'll play along for a second...
what does this article say about the hypocrisy of warren buffett considering his involvement in the deal?
Posted on 12/27/14 at 11:00 pm to Eurocat
If the Salon piece author could take advantage of a tax loophole to avoid paying 15-20% of his/her personal taxes, would he/she do it?
I thought so.
Pandering to the masses using class envy. Sells ad space and makes short-sighted folks think they are doing some good in the world.
I thought so.
Pandering to the masses using class envy. Sells ad space and makes short-sighted folks think they are doing some good in the world.
This post was edited on 12/27/14 at 11:01 pm
Posted on 12/27/14 at 11:01 pm to inadaze
quote:
I think even if the value was a little more, many people will take the higher wage because they can have more dignity about that.
That ship sailed long ago. Most lower income people are conditioned to accept govt. assistance without losing any dignity.
Posted on 12/28/14 at 1:23 am to RogerTheShrubber
quote:
That’s $360 a week—just under $19,000 a year before taxes. I need food stamps and Medicaid to support my two kids.
So it's his/her employer's fault he/she had 2 kids that he/she can't support?
I truly believe that even the slightest amount of self responsibility doesnt exist anymore for low income liberals.
Posted on 12/28/14 at 10:15 am to JEAUXBLEAUX
quote:
Burger King saying screw you America.
And Obama's boy, Warren Buffet, financed the deal.
But, America said screw you first.
Posted on 12/28/14 at 6:41 pm to NC_Tigah
quote:
It was/is "about" increasing BK market cap from about $9.5Bn to $18Bn. THAT is what this was "about".
I already said THAT is what it's "about" (according to Burger King). You use the italicization and quotation marks as if there is something we disagree about -- if you want to try to create some frivolous argument so that you can feel "right," forget about it. The thought of quibbling with you about this to try to get you to acknowledge my actual position seems like a frickING "miserable" way to spend an evening.
quote:
To make a valid point, you'd have to demonstrate fiduciary rationale for headquartering the new company in the US.
No I don't. You're full of shite.
Overall, it seems like a good move from a financial perspective. I never said otherwise. Now, I'd like to see BK fail through consumers making better choices from a health perspective, but that's a different issue.
Posted on 12/28/14 at 6:48 pm to RogerTheShrubber
quote:
That ship sailed long ago. Most lower income people are conditioned to accept govt. assistance without losing any dignity.
Well, you were wrong about me earlier (Which, by the way, I really didn't appreciate. I mostly grew up on the "lower end of the economic scale" -- I'm not going to get into a bio, but it's just foolish to say that when you don't have any good information to base it on.), and I think you're wrong about most of the people you're talking about.
Posted on 12/28/14 at 9:45 pm to Ralph_Wiggum
quote:
LOL. Yeah like the 90 percent of us have to be so concerned about the tax rates of the top 10 percent.
quote:
They have enough money and influence in this country to keep their tax rates from getting too high.
Start googling the amount of income that would put a person in the top 10% of income earners. When you find that out start searching for how much influence they have.
You might be surprised to find out that they have about as much influence in the political system as you do, ONE VOTE!
Posted on 12/29/14 at 6:55 am to inadaze
quote:Ah, but you do.
quote:No I don't. You're full of shite.
To make a valid point, you'd have to demonstrate fiduciary rationale for headquartering the new company in the US.
The only way the BK tax inversion whining gains any traction is if tax inversion drove the deal. It clearly did not. There are valid reasons for BK to HQ in Canada. There are none for BK to HQ here.
Posted on 12/29/14 at 7:29 am to Eurocat
Hey Yo.
Liberals.
The problem isn't Burker King's morality. If the government offered me the opportunity to legally save a ton of money in taxes - I would take it. So would you. Don't fricking lie.
The problem is the system of laws that don't provide disincentive to leave. A good start might be to tax all the capital gains and dividends a U.S. investor makes on foreign held companies as ordinary income. Although the corporation would continue to enjoy savings on paper, its investors would be disincentivized in their own finances as a result.
Also - OP should quit Burger King and go work for an American owned fast food joint if its so important to him.
Liberals.
The problem isn't Burker King's morality. If the government offered me the opportunity to legally save a ton of money in taxes - I would take it. So would you. Don't fricking lie.
The problem is the system of laws that don't provide disincentive to leave. A good start might be to tax all the capital gains and dividends a U.S. investor makes on foreign held companies as ordinary income. Although the corporation would continue to enjoy savings on paper, its investors would be disincentivized in their own finances as a result.
Also - OP should quit Burger King and go work for an American owned fast food joint if its so important to him.
Posted on 12/29/14 at 8:27 am to NC_Tigah
quote:
Ah, but you do.
The only way the BK tax inversion whining gains any traction is if tax inversion drove the deal. It clearly did not. There are valid reasons for BK to HQ in Canada. There are none for BK to HQ here.
Drop the shite. I didn't "whine" about tax inversion. I've said multiple times that this move is about growth (to clarify, that's what I was referring to when I said we didn't disagree -- you were talking about a more specific aspect of growth -- I think just saying growth works better for brevity and applying to the different aspects involved) according to BK. I was the first one in the thread to say that. And again, there are plenty of posters clearly saying that this is mostly a tax dodge -- there's your legitimate argument -- have it with them. Please tell me you understand this.
And have some fricking respect. Don't tell me I'm "whining" about something when I'm not. That's insulting. Don't try to tell me what my position is, and then tell me what I need to argue to defend a position you've made up for me. I'm truly baffled at how often this happens on this board. What's the point? I can't imagine having the gall to tell someone what their position is, then stay steadfast on the bullshite in the face of refutation! There are plenty of real things going on. I don't want to spend time arguing against your straw man!
Posted on 12/29/14 at 8:54 am to inadaze
And we want
Sounds like he is upset about paying taxes.
quote:
the company to pay its fair share of taxes like its employees already do.
Sounds like he is upset about paying taxes.
Posted on 12/29/14 at 8:55 am to MFn GIMP
In case any of you were wondering, I did, in fact, go get a Whopper over the weekend.
Posted on 12/29/14 at 9:06 am to inadaze
quote:
And have some fricking respect. Don't tell me I'm "whining" about something when I'm not. That's insulting. Don't try to tell me what my position is, and then tell me what I need to argue to defend a position you've made up for me. I'm truly baffled at how often this happens on this board. What's the point? I can't imagine having the gall to tell someone what their position is, then stay steadfast on the bullshite in the face of refutation! There are plenty of real things going on. I don't want to spend time arguing against your straw man!
quote:The thing speaks for itself. But FWIW, my reference was actually to the OP.
I didn't "whine"
quote:Obviously there are plenty of nitwits whining about the supposed BK Tax Inversion. Like the OP they are not business savvy. They know little or nothing of Tim Horton's. They haven't a clue as to why US HQ would make little sense to the new entity, aside from any tax consequences.
And again, there are plenty of posters clearly saying that this is mostly a tax dodge -- there's your legitimate argument
My perception was you thought the BK merger was done for tax inversion purposes. Could have sworn you'd said that. Perhaps I misread though.
Posted on 12/29/14 at 9:35 am to SpidermanTUba
quote:
A good start might be to tax all the capital gains and dividends a U.S. investor makes on foreign held companies as ordinary income. Although the corporation would continue to enjoy savings on paper, its investors would be disincentivized in their own finances as a result.
Kind of like a tariff protecting American companies from international competition for American investors. Would not support.
Posted on 12/29/14 at 9:39 am to Fun Bunch
quote:
What a dumb liberal hit piece. Liberals might be fricking retarded.
Solid assessment. Wanna hear some more generalizations that are likely more accurate? You voted for McCain, love guns, hate women's rights, download the Limbaugh podcast, record The Factor, read Fox News online as your sole source for news, grew up in the South (and stayed there), drink Bud Light, use snuff, and drive a pick-up.
Posted on 12/29/14 at 9:40 am to SpidermanTUba
I agree with you spidey that the solution is to incentivize companies to stay. Our solutions are drastically different. Yours requires an increase in taxation. Mine requires a decrease. Just a small example of how we come to solutions from opposite fundamental beliefs. You believe all money is the governments...and they allow us to keep some. I dont
Posted on 12/29/14 at 9:47 am to rbWarEagle
quote:Spoken with a degree of expertise ()
love guns, hate women's rights, download the Limbaugh podcast, record The Factor, read Fox News online as your sole source for news, grew up in the South (and stayed there), drink Bud Light, use snuff, and drive a pick-up.
Posted on 12/29/14 at 9:53 am to Eurocat
quote:
How Burger King pleases the 1 percent, screws its workers
quote:
salon.com
OH. THE. IRONY!!
Just so you know Eurocat... Salon.com is famous for promising, then not paying writers and photographers. Also known to steal photos from the internet violating the photographer's copyright... I wonder if the writer of this "piece" got paid?
This post was edited on 12/29/14 at 9:55 am
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