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There is a big controversy lately with Burger King seeming to avoid taxes in the US lately. Our "official corporate tax rate" is 35% however BK paid around 26-27%. In the US the effective corporate tax rate was however 12.6% in the US. My question is: "Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?"
What's sad is there seems to be those of a certain *cough*Tea-Party*cough* mindset that seem to think that it's patriotic to avoid paying taxes.
There is a big controversy lately with Burger King seeming to avoid taxes in the US lately. Our "official corporate tax rate" is 35% however BK paid around 26-27%. In the US the effective corporate tax rate was however 12.6% in the US. My question is: "Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?"
There is a big controversy lately with Burger King seeming to avoid taxes in the US lately. Our "official corporate tax rate" is 35% however BK paid around 26-27%. In the US the effective corporate tax rate was however 12.6% in the US. My question is: "Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?"
Where is your source?
And the usa today published an article that essentially said bk will still pay the same taxes
I invest my money with a company .... that company has a responsibility to MAXIMIZE my investment.
Any other questions?
There is a big controversy lately with Burger King seeming to avoid taxes in the US lately. Our "official corporate tax rate" is 35% however BK paid around 26-27%. In the US the effective corporate tax rate was however 12.6% in the US. My question is: "Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?"
I invest my money with a company .... that company has a responsibility to MAXIMIZE my investment.
Any other questions?
Yea, define "maximize".
Dictionary.com | Find the Meanings and Definitions of Words at Dictionary.com
maximize [mak-suh-mahyz]
verb (used with object), maximized, maximizing.
1. to increase to the greatest possible amount or degree:
Next question?
Based on that answer a company should do everything to maximize your investment (stock price & dividends). Many corporations choose to invest in additional R&D or expand operations at the expense of current profits. Others choose to maximize current stock price at the expense of future profits. The trick is to find a happy medium. Moving operations over seas might seem like a good idea until you have to deal with fraud and an emerging middle class causing labor costs to rise significantly. Point being "maximize" is subjective concerning corporations. Look at Bezos, he dumps almost all his profits into future operations at Amazon or the trillion or so major corporations have sitting in cash and NOT sending out dividends to their investors.
It is pretty simplistic to assume that I meant that all I care about is current profits. In fact, not only is it simplistic, but it's dead wrong. Long term value outweighs short-term gain every time.
But, then again, that wasn't the question posed by this thread, was it?
Mark Levin calls this crony capitalism and calls out elitist republicans as well as libruls .
There is a big controversy lately with Burger King seeming to avoid taxes in the US lately. Our "official corporate tax rate" is 35% however BK paid around 26-27%. In the US the effective corporate tax rate was however 12.6% in the US. My question is: "Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?"
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