Burger King to buy Tim Horton to cut tax expenses?

Started by Syt, August 25, 2014, 03:56:10 AM

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Malthus

One thing about Tim Hortons - it was named after the famous hockey player who founded it, and who then died in a horrific car crash.

Given that origin, I always thought it in poor taste that they call their signature snack - "Timbits".  :D
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane—Marcus Aurelius

CountDeMoney

Quote from: Malthus on August 25, 2014, 02:43:54 PM
One thing about Tim Hortons - it was named after the famous hockey player who founded it, and who then died in a horrific car crash.

So, in a way, you could say he was a king in the rink, and burger on the highway.  As it were.

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Tonitrus

For most military bases, the singular fast food restaurant on base is a BK.  :(

Malthus

Quote from: Tonitrus on August 25, 2014, 03:02:47 PM
For most military bases, the singular fast food restaurant on base is a BK.  :(

All your base are belong to us.

  :D
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane—Marcus Aurelius

Admiral Yi

Quote from: HVC on August 25, 2014, 02:18:53 PM
Molson (beer) is american. There were some popular "I am canadian" commercials a while back, but that stopped when they got bought out :lol:

Who bought them?  Bud and Miller are foreign owned now, so I'm surprised there's anyone with left to buy them.

Barrister

Quote from: Admiral Yi on August 25, 2014, 03:21:24 PM
Quote from: HVC on August 25, 2014, 02:18:53 PM
Molson (beer) is american. There were some popular "I am canadian" commercials a while back, but that stopped when they got bought out :lol:

Who bought them?  Bud and Miller are foreign owned now, so I'm surprised there's anyone with left to buy them.

They "merged" with Coors to form Molson Coors.
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Siege

Corporate taxes are lower in Canada.

I wouldn't have corporate taxes at all. It is double taxing.
Can you imagine the boost to the economy if we were to drop that tax?


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sbr

Quote from: Siege on August 25, 2014, 07:51:36 PM
Corporate taxes are lower in Canada.

I wouldn't have corporate taxes at all. It is double taxing.
Can you imagine the boost to the economy if we were to drop that tax?

As long as every corporation that claims to be a person files a 1040.

viper37

Quote from: Siege on August 25, 2014, 07:51:36 PM
I wouldn't have corporate taxes at all. It is double taxing.
Not really.  Tax rates are adjusted, for dividends, mainly.  That way, in theory, for a Canadian business and a Canadian shareholders, the total tax rate (corporate+personal) is similar to having all revenues to the individual.

That's in theory, of course.
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Admiral Yi

Quote from: viper37 on August 25, 2014, 10:45:54 PM
Not really.  Tax rates are adjusted, for dividends, mainly.  That way, in theory, for a Canadian business and a Canadian shareholders, the total tax rate (corporate+personal) is similar to having all revenues to the individual.

That's in theory, of course.

The corporate tax rate is 15% in Canada, 35% in the US.

CountDeMoney

Bet that 15% makes your nipples hard enough to cut glass.

Admiral Yi


CountDeMoney