Tuesday, September 2, 2014

(Related update): Let's Boycott Brown Instead

Related update:  Reason.org's blog Hit and Run has a great post about the inane response by the left to BK's recently announced merger with Canadian giant Tim Horton's.  Here's the opening paragraph of this worthwhile article:
Burger King plans to merge with Canuck coffee-and-doughnut chain Tim Hortons and base the company's headquarters in Canada, where it will enjoy the kind of reasonable corporate tax structure that Democrats continue to obstruct here in the United States. And the move has provoked a fresh round of moral panic, faux patriotism, and confusion.
Click the link to read more about the left's moral panic, confusion, and fake patriotism.

Original post (8/28/14): In the earlier post this morning, we noted Burger King's desire to leave the US in order to reduce its tax bill.  Not surprisingly, that desire has some politicians mad and calling BK unpatriotic, as though it's patriotic to submit to absurd tax burdens levied by corrupt politicians (sorry for the redundancy).  One such politician is the incompetent and intellectually corrupt Sherrod Brown who wants customers to boycott BK.  Well, OLS hero and top-tier academic economist Don Boudreaux has a whole lot to say in a letter he addressed to her and posted on his blog, Cafe Hayek.  Here's a slice from this absolutely beautiful, must-read missive:
In fact, it’s fair to ask how many businesses have you founded that earn profits for the government to tax?  Because you’ve been in politics your entire adult life, I’m pretty sure that the answer is none - which means that you’ve created far less wealth for the government to confiscate than have the professional investors and business executives who you publicly and so pompously smear.