Economist Moore: BK Boycott Would Only Hurt US Workers

Tuesday, 26 Aug 2014 07:20 PM

By Bill Hoffmann

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Calls for a boycott of Burger King — which plans to move to Canada to dodge whopping U.S. corporate taxes — are misguided and will only hurt U.S. workers, says Stephen Moore, chief economist for the Heritage Foundation.

"There are 14,000 franchises across America . . . not owned by Burger King. Those are owned by individual, small-business owners, and they hire workers," Moore said Tuesday on "The Steve Malzberg Show" on Newsmax TV.

Story continues below video.


Note: Watch Newsmax TV now on DIRECTV Ch. 349 and DISH Ch. 223
Get Newsmax TV on your cable system
Click Here Now

"Anybody who boycotts them, all you're doing is hurting low-income workers and you're hurting these small-business owners. It doesn't change the dynamics of what's happening here.

"If you want to stop American companies from leaving, and I do . . . let's get rid of the corporate income tax or at least let's cut it to the international average."

Sen. Sherrod Brown, an Ohio Democrat, is one of several lawmakers who has called for a boycott of Burger King.

U.S.-based corporations can pay between 35 percent and 40 percent in taxes.

Related Stories:



© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

'60 Minutes' Interviews Radical Islamists in London

Thursday, 30 Oct 2014 22:46 PM

Islamic State (ISIS) sympathizers in London are so dedicated to the cause of radical Islam that they're even shutting ou . . .

McCain: Released Gitmo Detainees in Terror Leadership Roles

Thursday, 30 Oct 2014 22:04 PM

Sen. John McCain says reports of 20-30 former Guantanamo detainees joining the Islamic State (ISIS) and other terrorist  . . .

Car Coach: US Vehicle Recall System 'Broken'

Thursday, 30 Oct 2014 21:16 PM

A string of defects leading to millions of recalled vehicles in 2014 shows the "recall system is broken" and in need of  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved