Burger King uproar
08/28/2014 7:29 PM
08/28/2014 7:30 PM
While there is a growing uproar over Burger King’s plan to move its headquarters to Canada, it is only the latest of some 70 American-based companies since 1980 that have moved their headquarters out of the United States. Why? Not to be unpatriotic, as the president has said, but to make money for the company and their shareholders. They can only do so when they are in a favorable tax and financial environment.
The United States has a 35 percent corporate tax rate. Canada’s is 15 percent. Want to have it our way and keep corporations here? Change the tax codes to be more favorable to American companies. Congress and the president keep talking about it. Now is the time to do something about it. Then everyone benefits.
Carl Manzelli, Miami
Oops, you haven't selected any newsletters. Please check the box next to one or more of our email newsletters and submit again.
Oops, you didn't provide a valid email address. Please double-check the email field and submit again.
Join the Discussion
Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.