Burger King is buying Tim Hortons

Discussion in 'Blazers OT Forum' started by Eastoff, Aug 26, 2014.

  1. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Hello darkness, my old friend
    Vote on what? As per the article, negotiations are ongoing.

    No, you regurgitated what I already told you. I was asking if you knew of an actual plan the Republicans had ready for vote. "Comprehensive tax reform" is an idea that is then discussed and negotiated over which leads to a plan, ideally. If you know of such a plan that's up for vote, link us up.
     
  2. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    They've had 6 years to get this done and with Obama in office. You seriously think the Democrats want to lower taxes? :lol:
     
  3. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    No.
     
  4. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Well we agree. They want to "punish" a huge employer for political gain.
     
  5. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    We agree that, due to a mix of ideological beliefs and desire for political gain, they want to prevent huge companies from cheating the tax system.
     
  6. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    But they don't. They want to transfer income and wealth from the poor and middle class to big corporations. You know, like ObamaCare is transferring money from our pockets and the treasury to the insurance companies. That's the guys you root for.
     
  7. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    We can agree to disagree.
     
  8. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Why not judge by their deeds instead of broken promises and lies?

    The reality is the democrats are likely to lose the senate at this point. To rally the base, the alienated loony left, they make anticapitalist noises.
     
  9. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    I'm not sure that many people consider preventing tax evasion to be "anticapitalist."
     
  10. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    It's not tax evasion. If it were, they wouldn't need to pass anything new. This isn't a crime of any sort. It's a big evil company that the administration can stick it to.

    Seriously, this is closing the corral after the horse has run away.

    Address the reasons why companies do this:

    1) more taxes means less to spend
    2) less to spend means people are attracted to lower and lower prices.
    3) companies reduce cost to be able to sell at lower prices (or not increase them)
    4) increased expense burden on companies due to new regulations, minimum wage hikes, obamacare, etc.
    5) highest tax burden in the modern world

    All these Obamanomics kids who graduate college in debt up to their eyeballs and end up living with their parents can't afford food that's cheaper or better than Burger King.
     
  11. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Amusing. "It can't be wrong because there's no law against it. Unrelated, how dare they make laws against stuff?"

    Well, guess what. Now it's wrong.
     
  12. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    It's still not wrong or a crime.

    You do realize that Burger King always did have to pay taxes on every dollar they made in the USA, right?

    OMG, the tax code has loopholes?
     
  13. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    The new edicts don't address inversions proper or the reason why Democrats should stop playing politics with the law if they really care.

    http://en.wikipedia.org/wiki/Tax_inversion

     
  14. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Loopholes aren't surprising. It's only surprising when people cry foul when those loopholes are closed.
     
  15. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    That's great and all, but companies like Burger King are using tax inversions to avoid paying US taxes on domestic earnings. It's not primarily to avoid double taxation on bringing foreign earnings back to the US.
     
  16. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Who's crying foul about them changed?

    The double taxation is anti-competitive for our companies. That is the real problem.
     
  17. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    No they're not.
     
  18. maxiep

    maxiep RIP Dr. Jack

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    That's how a minority party exercises its authority in the Senate. Harry Reid will rue the day he blew up the filibuster.
     

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