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Burger King + Tim Hortons = Merger?

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I'm so glad I live in a part of the country where In-N-Out operates - crazy good, high quality food for $5-6 per meal.
 
Sonikku said:
Wish I had a In-N-Out. 🙁
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You know I try to like that place but it never tastes better than a slightly glorified McDonald's burger. I just went there again last week and it was very meh, aside from the nicely toasted bun. I think that is the last time I ever go there.

KT
 
KeithTalent said:
You know I try to like that place but it never tastes better than a slightly glorified McDonald's burger. I just went there again last week and it was very meh, aside from the nicely toasted bun. I think that is the last time I ever go there.

KT
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What? I don't even know how you can put them in the same category. Also In-N-Out is way cheaper than McDonalds too.
 
T9D said:
How can you blame them or get mad? The entire world is run by greed and corporations. If there is a way to save money and they have the tax system set up like that you expect them to not use it? Every single one of you would do the same thing. Let's say it was legal for you to get a Canadian PO box and so you didn't have to pay sales tax or property tax or some such, you know you'd be first to sign up.

This country is so screwed though with everyone jumping ship.
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FTFY
 
acheron said:
Anyone who talks about "tax inversion" without also mentioning that the US a) has the most screwed-up corporate tax in the world, and b) is literally unique in levying tax on extraterritorial income, is generally not worth listening to.

Oh, actually just checked Wikipedia, and Eritrea also taxes extraterritorial income. So not unique after all. It's obviously a sane policy since Eritrea does it too.
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And yet they still have plenty of profits to do record high stock buybacks.

Who gives a shit if they pay a higher rate - their interests are protected by the biggest military history has ever seen. 11 fucking supercarriers, thousands of tanks, advanced fighters, and hundreds of thousands of soldiers and servicemembers. All of those people pay taxes too and put their lives on the line to make that fuckstick CEO, and Warren Buffett, what they are now.

Next time Eritrea sends a carrier to the gulf to make sure oil stays cheap, let me know.
 
Imp said:
Surprised this hasn't made it here yet... You Americans may be losing an American icon to a Canadian icon.**

** If you ignore the nationalities of the current and former owners.

Nothing's official yet, but both stocks, apparently, went up a lot today on that news.


http://www.cbc.ca/news/business/tim...l-would-base-burger-chain-in-canada-1.2745754
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We Americans aren't losing anything.

I'm pretty sure the BK restaurants located in the US will remain under a US corporation. The BK restaurants in other countries will be under a non-US corporations.

I believe a better description might be that Canadians just lost control of TH's. BK is just using TH's as a means to keep foreign BK restaurants out of US taxation.

Fern
 
Fern said:
We Americans aren't losing anything.

I'm pretty sure the BK restaurants located in the US will remain under a US corporation. The BK restaurants in other countries will be under a non-US corporations.

I believe a better description might be that Canadians just lost control of TH's. BK is just using TH's as a means to keep foreign BK restaurants out of US taxation.

Fern
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Given that BK is owned by a Brazilian private equity firm it seems that neither Americans nor Canadians are really losing anything.
 
Linflas said:
Given that BK is owned by a Brazilian private equity firm it seems that neither Americans nor Canadians are really losing anything.
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And Tim Horton's was owned by Wendy's up until a few years ago.

Amazing what marketing can do.
 
Seems like an awfully good new reason not to patronize Burger King, sorry franchisees.

We should fix our taxation not to incent this sort of thing.
 
ponyo said:
All they have to do is look at Chickf-fil-a. Clean stores, great customer service, and quality food. Then people will come and everything will take care of itself. It's not rocket science.
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Founder supporting gay discrimination = no chik fil a. Though when I did eat it, it was good.
 
OutHouse said:
but but but the pundits in here say corporate taxes are the lowest ever!!! so if so low why would they move to another country?
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'Corporate taxes lowest ever' and 'taxes in tax evasion country (or some other countries) even lower' are not mutually exclusive.

Imagine if a company could take the benefits of a high tax state, but pay the taxes in a low tax state. Makes it hard to sustain the high tax state benefits.
 
T9D said:
How can you blame them or get mad? The entire USA is run by greed and corporations. If there is a way to save money and they have the tax system set up like that you expect them to not use it? Every single one of you would do the same thing. Let's say it was legal for you to get a Canadian PO box and so you didn't have to pay sales tax or property tax or some such, you know you'd be first to sign up.

This country is so screwed though with everyone jumping ship.
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No, actually I might not, but the point is not to allow options like that. The corporations getting to get our tax laws screwed up is the problem.
 
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Mai72 said:
Still, it may be hard to convince diners to change their habits, especially over a wonky tax loophole. Out of 10 people HuffPost spoke with on Monday afternoon at a Burger King in Manhattan, just one had even heard about the chain's possible move. Once the concept was explained to them, all of the customers said that they'd still eat at Burger King even if the restaurant went through with the plan.
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And there you have a good example of a big problem with American politics.

People just can't learn to use their dollars as votes and pressure companies into not doing bad things.

It reminds me of Kruschev's saying, 'you will sell us the rope we use to hang you'.

Companies can basically get away with murder - no matter how much people say they don't like something a company does, most are happy to still buy there if it's the best deal.
 
The kind of poeple regularly eating at BK are probably not too worried about things like corporate taxes.

That said, I don't care if they pay their taxes to North Korea, I'll still eat at BK once or twice a year when I get the craving. Its miles ahead of Mcdonalds, plus the coke there tastes better than everywhere else.


White Castle is better though.
 
Honestly I wish we had a BK nearby as I do prefer them to McD.

Whoppers were awesome and their onion rings with the spicy dipping sauce was where it was at and their breakfast sausage croissant easily was better then anything McD had for breakfast.

But all the ones near I live vanished and it's probably been 5 years since I have ate there so who knows what it's like now. 🙁
 
Now they are under immense pressure to back out, looks like it might not happen afterall. I was against it until I heard that last year they paid 89 mil on 1.1 bil of revenue... I don't blame them anymore... If people are mad they should direct their anger towards do nothing congress and Obama for making it that way.
 
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DesiPower said:
Now they are under immense pressure to back out, looks like it might not happen afterall. I was against it until I heard that last year they paid 89 mil on 1.1 bil of revenue... I don't blame them anymore... If people are mad they should direct their anger towards do nothing congress and Obama for making it that way.
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umm current administration has little if anything to do with the current cooperate tax situation, its been this way for basically forever
 
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