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Burger King & Save-a-lot coming to St. Croix?

(@alana33)
Posts: 12366
Illustrious Member
 

There's absolutely no reason for you to be so rude so hope you will take your head out of yours.

Burger King: Don’t Try This Whopper of a Tax Dodge

Petition by The Other 98%

To be delivered to Burger King Board of Directors

http://petitions.moveon.org/sign/burger-king-dont-try?source=c.em.cp&r_by=7733181

Burger King benefits enormously from being an American company and should pay its fair share of taxes here in America. Don't even attempt this whopper tax dodge or we will boycott Burger King.

There are currently 59,241 signatures. NEW goal - We need 75,000 signatures!

Petition Background
Burger King is an American company worth more than $9 billion dollars. They're in talks to buy Tim Hortons Inc, Canada's largest coffee-shop chain.

Burger King's sinister plan is to relocate their corporate headquarters to Ontario, Canada, thereby dodging their American taxes in a calculated move called "tax inversion."

Burger King's largest shareholder, a private equity firm called 3G Capital, will win and the American people will lose. Again. Unless we stop them.

 
Posted : August 27, 2014 12:35 pm
(@vicanuck)
Posts: 2935
Famed Member
 

Again I ask Alana33...where do you get the information to corroborate "the sinister plan"?

You obviously know nothing about Canadian tax structure.

You're acting on emotion, not knowledge.

 
Posted : August 27, 2014 12:43 pm
(@alana33)
Posts: 12366
Illustrious Member
 

Hey, I did not create the petition. I received it and due to the topic on the message board, I posted it as a matter of interest. If you don't like it take up with creators of the petition.
Here's some other links since it seems you may not know as much about the Canadian tax structure as you profess:

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/08/25/burger-king-is-mulling-a-move-to-canada-for-breakfast-and-lower-taxes/

http://www.forbes.com/sites/jeremybogaisky/2014/08/24/is-a-tax-inversion-deal-on-the-menu-for-burger-king/

 
Posted : August 27, 2014 1:15 pm
(@ChrisMI)
Posts: 213
Estimable Member
 

The US Congress needs to wake up to the fact that our corporate tax structure is very uncompetitive. Just like businesses compete with each other, so must states and countries compete with each other for businesses. Both parties of congress say they are in favor of corporate tax reduction/reform (US corporate taxes are the 2nd highest in the industrialized world), but no one has done anything about it.

There has been a march of companies doing this - they have to compete too, and if the US congress won't enact tax reforms that reflect the competitive nature of attracting business to our country (and keeping it) then the march will continue, and we will all be worse off for it.

 
Posted : August 27, 2014 2:28 pm
(@vicanuck)
Posts: 2935
Famed Member
 

I'm going to go ahead and apologize to Alana33...I was grumpy this morning and I'm sorry. Certainly BK must have taken the CDN corporate tax advantages into account as outlined in the articles. However, their H/O employees who will have to move and take up residence in Ontario will certainly be shocked at the tax burden they'll have to bear in doing so. That said, Tim Hortons is a very profitable company and a good fit for BK if its looking for growth, IMO.

On a personal note, when we moved from Ontario to the USVI 10 years ago, we were shocked at how low the taxes were here and how things that we expected to be taxed heavily, like booze and cigs, were not taxed. It never ceases to amaze me how folks in the US complain about not having services then don't want to pay the necessary taxes to support those same services.

 
Posted : August 27, 2014 5:11 pm
(@ronnie)
Posts: 2259
Noble Member
 

Pricesmart came here with the plan to force Cost U Less out. How many years ago that was I can't remember, but both are still thriving and full of customers! As OT says, they do the research, WAPA won't affect them. it's the cost of doing business that they have figured how to handle. Good luck with the Burger King. Was not that well received in STT.

 
Posted : August 28, 2014 12:49 pm
(@xxxrudexxx)
Posts: 61
Trusted Member
 

Good luck with the Burger King. Was not that well received in STT.

I would have to disagree, Ronnie. Burger King on the Waterfront was extremely well-received as evidenced by the throngs of visitors & locals that were always in there, as well as the refuse that was seen throughout the downtown area.

I was shocked that they never re-opened, but the scuttlebutt was that there was rampant thievery going on in-house & after the facilities received significant damage from Marilyn, the opportunity was taken to cut their losses.

Whatever led to their closing, IMHO, poor sales was not one of the reasons.

 
Posted : August 28, 2014 2:30 pm
CruzanIron
(@cruzaniron)
Posts: 2534
Famed Member
 

BK has tried on STX twice and pulled out both times.

 
Posted : August 28, 2014 2:54 pm
(@vicanuck)
Posts: 2935
Famed Member
 

Third time's the charm!

 
Posted : August 28, 2014 3:02 pm
(@noOne)
Posts: 1495
Noble Member
 

Heh I remember going to BK on STT just to order a Coors Light so I could say I bought beer in BK =)

 
Posted : August 28, 2014 3:32 pm
(@alana33)
Posts: 12366
Illustrious Member
 

Bring back a Crazy Cow and forget a these fast (oxymoron) food places!

 
Posted : August 28, 2014 8:30 pm
(@noOne)
Posts: 1495
Noble Member
 

Hmm I don't know Crazy Cow. From a brief google search, I see it was in Frenchtown. Alana, was it at the old night club that was behind Cafe' Normandy and The Barbary Coast (now a convenience store) in off left to the center of where the road spits to go to the old Charthouse or to the right to the Frenchtown boat launch?

 
Posted : August 28, 2014 8:37 pm
(@east-ender)
Posts: 5404
Illustrious Member
 

Crazy Cow was on Raadets Gade in town.

 
Posted : August 28, 2014 9:30 pm
(@alana33)
Posts: 12366
Illustrious Member
 

Crazy Cow was in middle of block between Main Street and Waterfront.
Sebastian's restaurant was on the waterfront end of block back then.
Great burgers, wonderful milkshakes, super fries and a very good all around menu.
That was in de olden days when town was hot and alive with people going back and forth to all the downtown bars and restaurants and there were lots of them. Lot's of live music and activity back then.

Crazy Cow was a good place to grab something to eat at 2AM. All their food was really good and they were open from early morning to the wee hours. Sad to have seen it close and things change so much but crime got in the way of many businesses.

People have no idea what an active place downtown was back then.
Now it dead as a door nail with just a couple exceptions.

 
Posted : August 28, 2014 11:08 pm
(@noOne)
Posts: 1495
Noble Member
 

Sebastian's restaurant was on the waterfront end of block back then.
Great burgers, wonderful milkshakes, super fries and a very good all around menu.
That was in de olden days when town was hot and alive with people going back and forth to all the downtown bars and restaurants and there were lots of them. Lot's of live music and activity back then.

I don't know if my memory is right or not, but at least I did not frequent Crazy Cow. I do fondly remember bouncing between Backstreet up to Frenchtown to the east end with For The Birds awesome Sunday night well drinks free for ladies.

 
Posted : August 28, 2014 11:54 pm
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