William Watson: The only thing more Canadian than Tim Hortons is taxes, right? — Well, not any more

https://twitter.com/IsaacBrockSoc/status/504101116871593985
The above tweet references a post at the Isaac Brock Society which includes:

Obama: Corporate Deserters!
Posted on August 25, 2014 by usxcanada Posted in Issues regarding US persons abroad 7 Comments

So they’re technically renouncing their U.S. citizenship. They’re declaring they’re based someplace else even though most of their operations are here. Some people are calling these companies “corporate deserters.”

And it’s only a few big corporations so far. …

— Barack Obama (24 July 2014) White House Transcript

http://www.whitehouse.gov/the-press-office/2014/07/24/remarks-president-economy-los-angeles-ca

Post Tim Horton’s, Obama looks like he’s thinking about (1) Canada as haven (2) the individual lives worldwide that the U.S. has willfully been driving into the desperations of financial ruin, severe psychic stress, marital breakup, contemplation of suicide — and skyrocketing rates of renunciation.

What really ticks Obama off is those big corporations. He talks about them just like they were individuals. Oopsie. Category mistake!

Financial Post | Business

Will you have fries with that doughnut? So far most “corporate inversions,” which are causing a bit of a political frenzy in the U.S. at the moment, have involved the health sector. Confirmation that Burger King is trying to buy our very own Tim Hortons takes things in an entirely different direction. Which is not to disparage fries and doughnuts per se. Taken in moderation (as hard as that may be to do) I’m sure they can be part of a healthy, balanced diet.

[np_storybar title=”Why Tim Hortons may hold the ‘real power’ in possible Burger King takeover deal” link=”http://business.financialpost.com/2014/08/25/tim-hortons-burger-king-takeover/”]‘Americans are so chauvinistic. They tend to think, Oh, an American company bought or is merging with a smaller Canadian company. The reverse is true here’
[/np_storybar]

Actually, Burger King and Tim Hortons — market caps US$9.6-billion and US$8.4-billion, respectively — have indicated that if they do merge, they’ll pretty much…

View original post 806 more words

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One thought on “William Watson: The only thing more Canadian than Tim Hortons is taxes, right? — Well, not any more

  1. Cabreuva

    Great article. I’ve been pointing it out that inversions are nothing more than corporate “persons” renouncing their US citizenship.

    Reply

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