Henry Payne for August 28, 2014

Well, that is what happens when tax RATES are too high. The corporation has a responsibility to maximize the value of the corporation; not to pay as much tax as possible.

I see r2varney and neoconman agree

Careful, Henry. Don’t insult one of the few peoples left who are still reasonably friendly to us.

Burger King is on the stock exchange and pays out a dividend. Since most of their stockholders would be foreigners, it means that their main purpose always was dragging money out of the US. I don’t see why people suddenly now feels as if this move is a betrayal to the US. Burger King does not care about the US. In fact, they are required by law to not care about the US.

reply to ‘yusodum’.Huh? Most of the stockholders would be foreigners? If by that you mean non US, what make you think that most US stockholders will sell their shares? Of course if the merger is a stock swap than there would be no US holders of common stock, but there are always ADRs

But, if this bothers you, don’t eat there. Your arteries will thank you.

Paul Bunyan was a Minnesotan.