Quote:
Originally Posted by Ed Hammer
I will. Until the Government stops punishing people for being successful.
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Agreed. Why are we empowering our government? They are like a charity with 90% administrative costs.
On the flipside, Burger King (and all American companies) can do nothing, have a competitive disadvantage against other international businesses with lower tax rates, and lose business to them over time, in which case Americans will suffer even more long term. I can't blame companies for simply wanting to compete and remain competitive, and the name of the game is after-tax cash and having a war chest.
All that extra money they're going to save is good for the shareholders, it can be used to build new business or acquire more businesses. And isn't this funny how Warren Buffet is partially behind it? Actions speak louder than words.