A Whopper of a Deal, By C. Robert Taylor — “…unlimited corporate money in politics hurts America’s working families.”
Posted in Daily
Speak Your Piece: A Whopper of a Deal
What do corporations get in return for their political contributions? Plenty. An agriculture policy professor argues that unlimited corporate money in politics hurts America’s working families.
Cartoon by Monty Wolverton
Burger King is in talks to buy Canadian coffee and doughnut chain Tim Horton. In Wall-Street Banker lingo, this deal will be a “tax inversion,” moving Burger King’s headquarters from the U.S. to Canada
Tax inversions are on the rise because they allow the parent company to escape or reduce U.S. corporate income taxes. That is a Whopper of a Deal for Burger King but not for U.S. government coffers.