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"Tax Me More" Buffett To Finance Burger King's Tax Inversion Deal

Tyler Durden's picture




 

President Obama would have proudly proclaimed Warren Buffett a true patriot in his bailing out of the banking system with expensive loans and his 'realization' that those earning more than $1 million should be tax-tax-taxed. However, the "Buffett Rule" appears to have one caveat... if you are making over a $1 billion, you're good to go with tax-avoidance strategies. In one of his career's most hypocritical moves Warren "tax-me-more" Buffett has decided that putting his money where his mouth is no longer makes sense.. and is funding $3billion of Burger King's "tax-inversion" takeover of Canada-based Tim Hortons. Somewhere on a golf course, a Presidential Putter is being snapped across a knee...

As WSJ notes,

The deal would create the world's third largest quick-service restaurant company, with about $23 billion in system sales and more than 18,000 restaurants in 100 countries.

 

 

The new global company will be based in Canada, though each brand will be managed independently after the deal's completion, the companies said.

But, in what appears a straight up challenge to the Obama administration's "Patriot Defense", Warren "Tax Me More" Buffett has decided it is entirely patriotic and capitalistic to sponsor tax avoidance strategies... (as Bloomberg notes)

Warren Buffett is helping to finance Burger King’s planned takeover of Tim Hortons Inc., according to people familiar with the matter, backing a buyer that would move its headquarters to Canada where corporate taxes are lower.

Buffett’s Berkshire Hathaway would invest about $3 billion for a preferred stake, said one of the people, who asked not to be identified because there wasn’t a public announcement. Tim Hortons had a market value of about $10 billion after the stock rallied yesterday on the announcement of talks with the Miami-based hamburger chain.

Buffett's comments on inversions...

“I’m not saying they’re doing anything illegal at all in following the rules on inversion,” Buffett told CNBC, according to a transcript on the business news station’s website. “I would personally change that part of the law. And other people might change the part of the law about wind tax credits, but I’m not attacking Pfizer for following the U.S. tax law.”

And the hypocrisy continues...

President Barack Obama has criticized American companies that move to other nations in search of lower corporate tax bills. Between mid-June and late July, at least five large American companies announced plans to make such a shift -- known as an inversion. That includes AbbVie Inc. and Medtronic Inc.

 

Buffett has supported Obama’s push to increase personal income taxes for the wealthiest individuals while striking deals that reduce Berkshire’s obligations to the government. This year, his company limited taxes on more than $1 billion of gains in Graham Holdings Co. stock by swapping the shares for assets owned by the former Washington Post publisher.

*  *  *

Oh but it's the syngeries...

*  *  *

But it's not just Democratic supporting oracles that are benefitting from Tax Inversion... (as Bloomberg reports)

Two top Republican lawmakers profited from a corporate tax-avoidance maneuver that the U.S. Treasury Department is seeking to curb.

 

While U.S. House Speaker John Boehner and Ways and Means Committee Chairman Dave Camp have resisted calls for a crackdown on companies adopting overseas addresses to pay lower taxes, both have made money off one of the deals. They also have investments at risk of losing value because of government action.

 

The two lawmakers reported the sale of stock in Covidien Plc within nine days of Medtronic Inc. saying it was planning a takeover, an announcement that sent Dublin-based Covidien’s shares near a 52-week high.

 

...

 

Their actions are legal, and spokesmen for both say the congressmen weren’t involved in the financial decisions and that the trades were made by their investment advisers. Still, the two lawmakers, who have more sway over tax policy than any other House members, are invested in deals that Obama and other Democrats say are wrong and unpatriotic.

 

...

 

"The opportunities for being swayed by that are legion,” said Miles Rapoport, president of Common Cause, a Washington-based group that advocates for open government. “This is not a small issue where we wonder whether legislators are acting entirely in the public interest or whether somewhere in their mind it’s about how they will fare themselves.”

*  *  *

And that's your ruling-elite...

 

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Tue, 08/26/2014 - 09:43 | 5144503 autofixer
autofixer's picture

Is Buffet going to move his Secretary to Canada so she can get a tax break?

Tue, 08/26/2014 - 09:49 | 5144526 SMG
SMG's picture

Alas no one really cares.  I'm begining to think the proles enjoy the butt raping.

Tue, 08/26/2014 - 09:54 | 5144536 BaBaBouy
BaBaBouy's picture

Nice Old Man Warren Must Make More And More Of Our Billions, As Chances Are He Can Take The Money With Him When He Kicks The Proverbial Ice Bucket...

Tue, 08/26/2014 - 09:54 | 5144542 Hippocratic Oaf
Hippocratic Oaf's picture

Oracle was a bad date huh Zero?

Came in your mouth and never called back.

How's it feel you fuck. Thanks for all the 'help' you gave him.

asshole!

Tue, 08/26/2014 - 10:06 | 5144601 espirit
espirit's picture

Changed the tune from 'I didn't know' to...

"I didn't see that one cumming."

Tue, 08/26/2014 - 10:20 | 5144683 mvsjcl
mvsjcl's picture

Funny how "corporation people" can freely move to other countries to avoid taxes, but not "normal people."

Tue, 08/26/2014 - 10:26 | 5144713 General Decline
General Decline's picture

Did I miss the caption contest post for that gay photo??

Obama to Buffet: "I'm usually the one 'working in the receiving department' "

Tue, 08/26/2014 - 10:29 | 5144730 WarHorse
WarHorse's picture

Uncle Warren - one of the biggest hypocrites on the planet.  FUCK YOU DUDE

Tue, 08/26/2014 - 14:15 | 5145889 Againstthelie
Againstthelie's picture

All that became only possible with the monstrous lie of a "free press".

Now since the internet has broken the money master's information monopoly their 200 year old global palace of lies and hypocrisy is beginning to fall apart.

Tue, 08/26/2014 - 21:29 | 5147437 mkkby
mkkby's picture

Fuck Burger King and that asshole Buffet.  Bringing pink slime burgers to Canada.  I hope they burn every site.

Tue, 08/26/2014 - 10:43 | 5144806 Dr Strangemember
Dr Strangemember's picture

Didn't realize they were into the choking game.  How naughty!!!!  : o

Tue, 08/26/2014 - 10:50 | 5144828 zuuma
zuuma's picture

Like good sudafed at walgreens, the best things at BK must be ordered under the counter.

Nothing gets the heartlock going like a Tripple Whopper with cheese. Not on the menu, generally.

Enough calories to feed an Ethiopian family for a week.

I don't care who owns BK, because I can always look down and see that it

"takes two hands to handle my Whopper"

Tue, 08/26/2014 - 11:31 | 5144984 ThroxxOfVron
ThroxxOfVron's picture

Funny how they don't really pick up and move -just get a new P.O. box.

Also notice that there is no charge for them relinquishing there citizenship and they still have access to all the benefits of citizens despite their change of status..

Time for the Tax Peasants to Individually Incorporate and write up merger documents with foreign nationals to opt out of the DC shakedown.

Tue, 08/26/2014 - 13:37 | 5145693 StandardDeviant
StandardDeviant's picture

"Normal people" can, and do.

Oh, wait -- unless they're Americans, in which case they will be pursued to the end of their days by the Nazgul-- er, IRS.  That's exceptionalism for you.

Tue, 08/26/2014 - 10:04 | 5144600 Divided States ...
Divided States of America's picture

The new generation of jews who will be dominating the world (and raping the sheeps wallet) are being groomed now. Read the below from somewhere.

Burger King is run by children. The CEO, Daniel Schwartz, is 32, the CFO, Josh Kobza, is 28, Alexandre Macedo, president of North American operations, is 36, and Sami Siddiqui, head of investor relations, is 29. The average age of an incoming CEO at a company in the S&P 500 was 53 last year. How it happened was a Brazilian private equity firm called 3G Capital took over the company. The "children" come from that firm, and they purged 375 managers from the Miami headquarters and 275 more around the world, got rid of the corporate jet, mahogany executive offices, and annual parties, instituted a Spartan cost-cutting regime, and sold off restaurants to partners.

Tue, 08/26/2014 - 10:06 | 5144614 Dr. Venkman
Dr. Venkman's picture

i was feeling pretty good about my career trajectory until about 10:05 today. Thanks.

Tue, 08/26/2014 - 10:31 | 5144739 BaBaBouy
BaBaBouy's picture

Merica Is Being Raped...
There Will Be Nothing Left For The Masses Except Fast Food, Police, Mega Military And Computer Trading...

Tue, 08/26/2014 - 10:12 | 5144639 LasVegasDave
LasVegasDave's picture

Ah, the Yids are to blame, angle.

Always hated that BK Fish sammich

Just another conspiracy to poison the goyim, I guess....

 

Tue, 08/26/2014 - 10:23 | 5144697 Bay of Pigs
Bay of Pigs's picture

I guess pointing out who actually runs the company bothers you? You seem to have a problem with facts.

You certainly are one of the more clueless fucks to ever post here at ZH.

Tue, 08/26/2014 - 10:36 | 5144776 sessinpo
sessinpo's picture

Here is a fact for you. I hardly ever eat at BK. I don't care who runs it, the children or whatever ethnic group. And no one forces you to go there. That is a fact.

I quit being a bitch by bitching about things I have no control over.

Tue, 08/26/2014 - 10:40 | 5144796 LasVegasDave
LasVegasDave's picture

I guess sarcasm and humor are qualities you are oblivious to.

Seriously, go blow an 80 year old dictator (unless he's a Yid)

Tue, 08/26/2014 - 11:14 | 5144914 Bunghole
Bunghole's picture

You need to work on your sarcasm and humor skills.

They suck.

 

Tue, 08/26/2014 - 12:09 | 5144961 JRobby
JRobby's picture

You were hammered for being an imbecile.

 

Tue, 08/26/2014 - 10:11 | 5144633 clade7
clade7's picture

He's on to something here...he can mix that shitty 'Sees' candy in with a bunch of his carpet fibres and come up with a whole new Burger King treat!

Uncle Warrens "Carpet Muncher Delight" or some such...

Tue, 08/26/2014 - 10:09 | 5144622 p00k1e
p00k1e's picture

Of course you are correct.

In other words Buffet tells the U.S. serfs, “If you’re too stupid to tax me, well, be poor and eat Bar-S ‘meat’.  Bwahahahaha!!!  I’ll sell it to you.”

Tue, 08/26/2014 - 12:05 | 5145178 sharonsj
sharonsj's picture

Not true.  You should read comments on other sites--the majority are calling for a boycott.

Tue, 08/26/2014 - 10:05 | 5144528 lordylord
lordylord's picture

Government is the disease.  Everything else is just a symptom.  We discovered the cure in 1776.  Let's pray that a 2nd dose is administered to the tyrants soon.

Tue, 08/26/2014 - 11:47 | 5145056 p00k1e
p00k1e's picture

'What you mean, "we," Kemo Sabe?'

 

If you take responsibility for 1776 you must also accept responsibility for reparations. 

Tue, 08/26/2014 - 12:30 | 5145348 Hopeless for Change
Hopeless for Change's picture

Reparations have been paid a million times over, through Affirmative Action and Free Shit.

Tue, 08/26/2014 - 17:45 | 5146804 armageddon addahere
armageddon addahere's picture

America paid in blood and treasure 1861 - 1865

Tue, 08/26/2014 - 14:45 | 5146004 Urshilikai
Urshilikai's picture

You do realize that the government is also the only entity that can reasonably stand up to corporate oppression, price fixing, unsafe working conditions, crime, war, etc?

It might not be working for the people and by the people very well right now but you're a complete moron to paint all forms of government in a bad light.

Tue, 08/26/2014 - 09:56 | 5144531 BaBaBouy
BaBaBouy's picture

.

Tue, 08/26/2014 - 09:52 | 5144538 whatsinaname
whatsinaname's picture

I dont know about the economics of this deal, but everytime I visited Canada, I have been to a Tim Horton's and their food and coffee is far superior to a BK here. I dont know how this deal is going to impact the overall company. Will miss the original TH for sure. BK is sure to water it down a bit.

Tue, 08/26/2014 - 09:58 | 5144561 Cpl Hicks
Cpl Hicks's picture

You went to Canada and had a doughnut and coffee?

Maybe I'll put that on my travel agenda.

Tue, 08/26/2014 - 10:11 | 5144631 plane jain
plane jain's picture

Agree...Tim's nearly every morning when we visit there.  The US ones are not quite as good.  Still better than BK.  

Farewell Timmy, it's been good to know you.

Tue, 08/26/2014 - 10:26 | 5144715 dicksburnt
dicksburnt's picture

inversions:  american based corps fleeing the sinking ship!  imagine what this place is going to look like when the tax receipts are a third of what they are today?

Tue, 08/26/2014 - 09:45 | 5144511 buzzardsluck
buzzardsluck's picture

Like that sissy could manage to even bend a golf shaft using his knee.

Tue, 08/26/2014 - 10:06 | 5144616 Gold Eyed Cat
Gold Eyed Cat's picture

Obama attempts to snap putter over his knee... putter survives. Obama's frail, AIDS-weakened leg breaks.

Tue, 08/26/2014 - 09:48 | 5144516 NoDebt
NoDebt's picture

"Somewhere on a golf course, a Presidential Putter is being snapped across a knee..."

I very much doubt that.  That would presuppose he actually gives a damn, which he obviously doesn't unless it's politicially expedient to appear so in front of a TV camera and teleprompter.

Tue, 08/26/2014 - 09:55 | 5144551 Mr Pink
Mr Pink's picture

Obozo doesn't care because he knows the sheep don't care that they are being fleeced. It's almost football season !!

Tue, 08/26/2014 - 10:15 | 5144650 Anarchy 99
Anarchy 99's picture

true.

Tue, 08/26/2014 - 10:22 | 5144688 lordylord
lordylord's picture

Less tax revenue means more borrowing and printing.  The middle class will pay for this through inflation.  Obama is DELIGHTED.

Tue, 08/26/2014 - 09:57 | 5144560 Dr. Venkman
Dr. Venkman's picture

it also presupposes that it would in fact be the putter that snaps, and not the First Femur.

Tue, 08/26/2014 - 09:58 | 5144571 Cpl Hicks
Cpl Hicks's picture

Michelle is highly offended by that slur.

Tue, 08/26/2014 - 10:04 | 5144581 Dr. Venkman
Dr. Venkman's picture

on the plus side, I just had a flashback regarding Bo Jackson.

 

https://www.youtube.com/watch?v=sepi4pH2_SQ

Tue, 08/26/2014 - 09:49 | 5144527 BandGap
BandGap's picture

Hold the pickle, hold the lettuce, special tax breaks won't upset US.

Have it your way, have it your way!

Tue, 08/26/2014 - 09:55 | 5144545 Billy Sol Estes
Billy Sol Estes's picture

Wake up with the King.... of hypocrisy.

Tue, 08/26/2014 - 10:15 | 5144657 BandGap
BandGap's picture

Top 5 creepiest commercials of all time.

Tue, 08/26/2014 - 09:52 | 5144535 Grinder74
Grinder74's picture

"a Presidential Putter is being snapped across a knee..."

Is that what the kids are calling teh ghey nowadays?

Tue, 08/26/2014 - 09:53 | 5144541 kchrisc
kchrisc's picture

One just has to laugh at the dying beast that is the DC US.

An American, not US subject.

 

Note: A dollar of wealth not stolen by government is a dollar still enjoyed by the producer of that wealth and not used against him by government.

Tue, 08/26/2014 - 09:59 | 5144574 oddjob
oddjob's picture

BK caught wind of how Tim Hortons abuses the temporary foreign worker program and wanted a piece of the pie.

Tue, 08/26/2014 - 10:01 | 5144585 Terminus C
Terminus C's picture

Shhh, don't tell people Canada does slave labor...   It'll wreck the image.

Tue, 08/26/2014 - 10:00 | 5144576 Terminus C
Terminus C's picture

Wendy's is an economic mess.  Their "profit" margin is horrendous.

 

Tue, 08/26/2014 - 10:13 | 5144646 plane jain
plane jain's picture

Well they held out on serving real food longer than most.  Just went downhill the last 3 years or so IMO.  Used to be a fan of the $1 baked potato and $1 chili.  Mostly gave up on the burgers when they switched from dill slices to those awful bread and butter ones like In and Out uses....yuck.

Tue, 08/26/2014 - 10:07 | 5144577 Emergency Ward
Emergency Ward's picture

"Tax me less, shame on you.  Tax me more, I leave the country."

Don't worry Warren, you can still repatriate some of your profits by shoveling a hundred million into the Hillary/2016 campaign.

Tue, 08/26/2014 - 10:01 | 5144591 Everybodys All ...
Everybodys All American's picture

This shows directly what a piece of work both Obama and Buffet are to anyone who has been watching. Obama could stop this tax inversion real easy by lowering the costs of doing business in the US. Buffet could do as much by at least being forthright and saying the reasons corporations want to leave is because their tax rates are not competitive. I suspect Buffet has determined Obama's usefullness in gaming the US has run it's course. I wish both nothing but failure.

Tue, 08/26/2014 - 12:12 | 5145216 sharonsj
sharonsj's picture

Everybodys All--It's Congress who makes the tax laws, not Obama.  And the right-wing has done all it can to lower business costs by screwing workers.  Buffet is no different than the rest of the 1% who don't give a crap.

American corporations use every loophole to avoid paying taxes and the result is their tax rate is a third of the stated 35%.  Some, like ExxonMobil and GE, makes billions in profit and pay no tax at all.  But if you wanted to lower the cost of business even more maybe we could bring back slavery.

Tue, 08/26/2014 - 10:02 | 5144593 Dr. Engali
Dr. Engali's picture

It's amazing how many stupid sheep worship this hypocritical old fossil. He is removed from any criticism just because of how he acts and talks. Nobody pays attention to what he does, it what he says that matters.

Tue, 08/26/2014 - 10:11 | 5144634 lordylord
lordylord's picture

This is also the characteristic of the 50,000,000 who voted for Obama (not that I'm letting the other 50,000,000 off the hook for voting for Romney).

Tue, 08/26/2014 - 11:02 | 5144876 clade7
clade7's picture

Well, he drilled Becky Quick so hard her eyes uncrossed and her snaggle teeth straightened out...so a guy has to admire him for that at least...

Tue, 08/26/2014 - 10:03 | 5144596 juggalo1
juggalo1's picture

I don't see any hypocrisy on Buffett's part.  He behaves rationally under the current law, while agitating that the law be changed.  How is this hypocritical?  I think Obama is the hypocrite for saying companies should voluntarily give money to the government, when he doesn't have the political power or will to fight for tax reform.

Tue, 08/26/2014 - 10:19 | 5144665 lordylord
lordylord's picture

You obviously don't know what a hypocrite is.  I provided the definition below.

Hypocrite: 1) a person who feigns some desirable or publicly approved attitude, especially one whose private life, opinions, or statements belie his or her public statements. 2) a person who pretends to have virtues, moral or religious beliefs, principles, etc., that he or she does not actually possess, especially a person whose actions belie stated beliefs.

Oddly enough, if you look up hypocrite in the dictionary, you are greeted by a picture of Buffett's ugly mug.

 

Tue, 08/26/2014 - 10:35 | 5144773 juggalo1
juggalo1's picture

You'll have to be more clear.  I still don't see where his private opinions, life or statements belie his public statements.

Buffett position 1: Tax reform should place heavier burdens than present on wealthy individuals.

Buffett position 2: I and my companies will work to minimize our tax burden in accordance with current law.

Where is the hypocrisy?

Tue, 08/26/2014 - 10:39 | 5144788 lordylord
lordylord's picture

You win gold for mental gymnastics.  Congrats. 

Tue, 08/26/2014 - 10:39 | 5144792 Itchy and Scratchy
Itchy and Scratchy's picture

Berkshire Hathway is still in appeal courts for over 10 years for not paying over $1b in back taxes. The annoited one says he will eventually pay a 'fair' amount some time or another. This is the same freak that says his secretary pays at a higher rate than he! Hypocrite poster boy 4 sure! 

Tue, 08/26/2014 - 12:41 | 5145426 Blankenstein
Blankenstein's picture

More Buffett hypocrisy:

 

 "Had the Oracle of Omaha changed his mind on private equity, which he once compared to a porn shop? At Berkshire Hathaway’s (BRK/A) annual shareholders’ meeting in May, Buffett explained why he seemed to be breaking his own rules: his confidence in 3G’s 74-year-old chief investor and strategist, Jorge Paulo Lemann. He called Lemann “classy."

 

http://www.businessweek.com/articles/2013-08-29/the-brazilian-billionair...

 

Tue, 08/26/2014 - 17:07 | 5146602 edkoopman
edkoopman's picture

@juggalo1  Totally agree with you.

It's not hypocritical at all. Because:
- Buffett said that he (personal income tax) wanted rich people to be taxed more, not that the he wanted higher corporate/company taxes.
- Buffett isn't the CEO of the company, so it's not his decision to make.
- It's fucked up to think someone should let a good investing opportunity go pass him by, because it's unfair in the corporate tax sense.

 

Tue, 08/26/2014 - 10:06 | 5144608 world_debt_slave
world_debt_slave's picture

Buffet has been at it all the way back to Salomon Bros. Too bad he didn't take his fathers advice.

Tue, 08/26/2014 - 10:06 | 5144610 asscannon101
asscannon101's picture

And the Orifice of Omaha strikes again...

Tue, 08/26/2014 - 10:12 | 5144635 km4
km4's picture

People Are Going Ballistic On Burger King's Facebook Page http://www.businessinsider.com/burger-king-gets-slammed-on-facebook-2014-8 via @clusterstock

Tue, 08/26/2014 - 10:12 | 5144642 Anarchy 99
Anarchy 99's picture

is this prick EVER going to die!!!!!!!!!

Tue, 08/26/2014 - 10:20 | 5144678 TabakLover
TabakLover's picture

Satan can hardly wait.

Tue, 08/26/2014 - 11:14 | 5144691 sheikurbootie
sheikurbootie's picture

The guy fooled so many being the "Oracle of Omaha". Buffett is a lucky stiff being at the right place at the right time.  He now just has more money than the other players.  Old man Warren is/was nothing special. 

Buffet reminds me of Madoff.  People worship these fucksticks like they're something special.

Tue, 08/26/2014 - 17:16 | 5146644 edkoopman
edkoopman's picture

Warren Buffett his track record is sick. He had the time on his side, and also his investing skill was/is extreme sharp.
Madoff his investing skills sucked, and he ran a ponzi-scheme and was a fraud.
I don't see much comparisson in this sense.

I can't believe idots gave you plusses for you comment. It's like they are honorring you for not seeing what a good/skilled investor he was/is. 

Tue, 08/26/2014 - 10:25 | 5144707 youngman
youngman's picture

But Obama will still get  a huge donation when the time comes...

Tue, 08/26/2014 - 10:26 | 5144711 DarthVaderMentor
DarthVaderMentor's picture

Warren Buffett is an equal opportunity merchant of weapons of mass economic destruction.

Tue, 08/26/2014 - 10:26 | 5144718 yogibear
yogibear's picture

When I first saw the photo I thought that the executioner was in the back and a noose was being put around Buffet's neck. 

Tue, 08/26/2014 - 11:17 | 5144924 WillyGroper
WillyGroper's picture

Just the USSA version of a knighthood. 

These people love the pomp of rubbing our noses in it.

Tue, 08/26/2014 - 10:32 | 5144746 EL SCRIPTO
EL SCRIPTO's picture

'Bahma has always been Warren's butt-boy and is just realizing it now...

Tue, 08/26/2014 - 10:34 | 5144768 JRobby
JRobby's picture

No Crisco

Tue, 08/26/2014 - 10:32 | 5144747 Dead Man Walking
Dead Man Walking's picture

The picture of Obama giving a medal to Buffet is just SICKENING

Tue, 08/26/2014 - 10:34 | 5144763 JRobby
JRobby's picture

No more double whoppers for me.

Just tax everything these "inversion" entities sell at a flat 15% at the state level, no "re-inversion" allowed for 10 years once this 15% tax is enacted.

Tue, 08/26/2014 - 11:09 | 5144898 p00k1e
p00k1e's picture

Fight the Buffet!  Hook-up up a position within Burger King, make some videos and post those to YouTube.

LOL

Tue, 08/26/2014 - 11:31 | 5144986 JRobby
JRobby's picture

The old pill box full of roaches smuggled into that BK down on the corner.

Tue, 08/26/2014 - 10:35 | 5144769 Itchy and Scratchy
Itchy and Scratchy's picture

Don't matter cause ...........................................they didnt build that! - The Kenyan

Tue, 08/26/2014 - 10:36 | 5144774 yogibear
yogibear's picture

Corruption and fraud keeps hitting new highs. Just trade it.

Tue, 08/26/2014 - 10:38 | 5144781 Bumbu Sauce
Bumbu Sauce's picture

Ruling class....

Serf class.

 

Keep voting status quo!

Tue, 08/26/2014 - 10:41 | 5144794 Mr Giggles
Mr Giggles's picture

By the gods!! The stake, the onions & the holy water havent worked. America you may just have to wall him in.

Tue, 08/26/2014 - 10:43 | 5144803 freedogger
freedogger's picture

Tim Hortons coffee is garbage. No one drinks it black they have all been programmed to say double double like they are part of some secret club. 300+ calories per xl double double. I'm not a coffee snob by any means but I do know what crap tastes like. 

Tue, 08/26/2014 - 10:59 | 5144870 EBT excepted
EBT excepted's picture

well then...a good match after all...

Tue, 08/26/2014 - 10:48 | 5144824 Sach Mahoney
Sach Mahoney's picture

Elitest Liberal Hypocracy defined.  Say one thing and pretend it matters while you do another.  What a f'n joke.  

Tue, 08/26/2014 - 10:51 | 5144834 RiverDrifter
RiverDrifter's picture

I never go to Burger King anyway - every BK I drive past is virtually empty save for a few pimple-faced fatasses who look annoyed that they actually have to take your order.  The "food" they serve is disgusting and there are so many other options out there...why anyone frequents Burger King is a mystery to me.  

Tue, 08/26/2014 - 10:58 | 5144857 Itchy and Scratchy
Itchy and Scratchy's picture

Ol' Warren nothing more that a basic run -of-the-mill carpet bagger. Top notch flim flammer! He'd sell in Granny for $2!

Tue, 08/26/2014 - 10:58 | 5144867 EBT excepted
EBT excepted's picture

...did not see this coming...totally blindsided...completely unexpected...who could have forseen this...

Tue, 08/26/2014 - 11:01 | 5144877 mijev
mijev's picture

So the government is getting pissed about companies doing this sort of thing. Well candaian corporate tax is around 25% and US corporate tax is 40%, probably one of the highest in the world. Gee, perhaps they could consider lowering the tax rate for businesses down to a more reasonable fucking level and getting rid of all of the stupid regulators that don't do anything but waste space and cost money that has to be paid for by having a high rate. Rant off.

Tue, 08/26/2014 - 12:23 | 5145295 JimS
JimS's picture

I don't think the government is really pissed at the corporations, shit, that's where they get their campaign money. The motherfuckers are bailing because they hate America. Pure and simple. They don't like our "freedoms".

Tue, 08/26/2014 - 11:12 | 5144906 NuYawkFrankie
NuYawkFrankie's picture

Taxes are only for the proles.

Tue, 08/26/2014 - 11:28 | 5144964 robertocarlos
robertocarlos's picture

Based on revenue, they really do have Burger Kings on deep sea oil rigs.

Tue, 08/26/2014 - 11:29 | 5144976 orangegeek
orangegeek's picture

My "burgers on the outside" come from Five Guys.

 

Fk BK, McCracks, W - they suck.

Tue, 08/26/2014 - 11:30 | 5144977 WmMcK
WmMcK's picture

Long two-fisted burgers.

Tue, 08/26/2014 - 11:48 | 5145063 jacship
jacship's picture

I wonder if this will cost me my parking space at the white house

warren B

Tue, 08/26/2014 - 11:53 | 5145108 homiegot
homiegot's picture

Shitty food. Who cares.

Tue, 08/26/2014 - 12:18 | 5145248 JimS
JimS's picture

I, personally, will never eat at a BK again (not that I really ever did). Fuck that corporate piece-of-shit. People, vote with your pocketbook, and walk away from all of these corporate motherfuckers, NOW!!!

Tue, 08/26/2014 - 13:29 | 5145650 jballz
jballz's picture

Would you feel this way if you had to write a billion dollar check to Uncle Sam so he could crawl up your ass with a regulation for every aspect of your business that you didn't build anyway, knowing the money will be shat into the military industrial complex and homeland security apparatus above all?

Corp taxes aren't enough to break the hose beast but I can hardly blame them for using the legal loopholes available. Not like the gov will ever have a balanced budget again so they can just print what they don't take in. Would be best at this point to zero out corp tax altogether and shift to a vat.

Tue, 08/26/2014 - 13:38 | 5145705 Farmer Joe in B...
Farmer Joe in Brooklyn's picture

Agreed..!!

Like you said, it's not JUST the tax savings.  I bet my lunch money that the regulation burden of being US-based is also playing a big role in these companies' decisions to move away.

Tue, 08/26/2014 - 13:18 | 5145598 jballz
jballz's picture

You think Obama knows what a tax Inversion is? Like a profits and earnings ratio but double plus ungood for liberals?

Obama thinks an example of a tax inversion is a girl from El Paso who ain't never been laid.

+1 to BK. and let every other corp break for the hills. Starve this fucking hose beast.

Tue, 08/26/2014 - 15:05 | 5146099 ken
ken's picture

"Burger King," sounds way classier than, "Tim Horton's."

Tue, 08/26/2014 - 16:14 | 5146383 bilejones
bilejones's picture

"a Presidential Putter is being snapped across a knee."

 

Have you seen Barry's knees?

 

"a Presidential knee is being snapped by a putter".

 

ftfy

Tue, 08/26/2014 - 16:30 | 5146433 fibonacci's claus
fibonacci's claus's picture

What a scam!!!  This proves warren barf-out is a liar.   "TAX ME higher!"  ???  What fake.  He changes wellpoints name to anthem!  That should get us sheeple running to buy his obamacare!  and his burgers!  Boycott this SOB and his lying mouth.  What a sell out pig!   F U Warren u turn coat traitor POS!

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