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Burger King's Tax Dodge move
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Someone who goes by the name "Libertarian Girl" posted this on Facebook, and someone I'm connected with shared it, apparently in agreement with the sentiment:

Apparently people are whining and boycotting Burger King for "tax dodging." The company plans to reincorporate in Canada where the corp. tax rate is lower.

For those boycotting:
Those aren't "our" tax dollars. They aren't your tax dollars. The money stolen from Burger King in the form of taxation is THEIR money and no one else's.

So go for it, Burger King. Move and make a point that the US tax rates are absurd. They're harmful to the economy and we need serious tax reform. You sure as hell have my support and I hope you have the support of everyone fed up with over taxation. I think I'll go get a BK Stacker and a coke icee right now.


Has everyone forgotten that there is a cost associated with literally everything? Have they all forgotten that the military takes up some 700 billion dollars a year? (It could be even more...) Have they forgotten that there are interstate highways and there are national parks and there are FBI agents and Homeland Security agents and agencies that make sure our food meets a certain minimum standard, and a system that makes sure that senior citizens who don't work have access to the medical care they need? Police and fire protection? A basic level of public education?

Those are all expenses that our tax dollars support (look how much of it is military and security related - these types LOVE that stuff, right?). Taxes aren't usurious on corporations. When I was a C-corporation with my small dental practice, I rarely owed any federal taxes. It isn't that hard to run at a loss. I would just pay myself a little more, or account for the surplus in some other way to negate the profit (you don't pay taxes on gross collections, you pay it on net profit). These big corporations - here's what they really want to do. They want to pay out their huge profits in ways that incur little to no taxes on their big shareholders and their CEO's and board of directors' members. The trouble with doing that is that it ends up leaving profit (at least as far as tax accounting goes) in the business.

So moving to Canada allows the mega rich CEO's and others to pocket that cash in a low tax situation, AND allows the corporation to not pay taxes on the profits that, because the individuals are not paying income taxes, stay in the business.

If we ever get attacked, I hope that the military protects everyone, but sorta waves a white flag at the Burger King franchises and says, "You can take 'em down...they aren't paying for the privilege of being defended in the United States of America."

A libertarian would know that taxes are just society's way of agreeing to split the cost of all the goods and services that, if they went away, we'd all be worse off for them. I probably pay a larger share of taxes, but for my taxes I get to live in the USA, still the best country for an individual to live in. (But sliding fast...)


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