Tags: Exclusive Interviews | Steve Malzberg Show | Burger | boycott | misguided | Stephen Moore

Economist Moore: BK Boycott Would Only Hurt US Workers

Tuesday, 26 Aug 2014 07:19 PM

By Bill Hoffmann

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:



© 2015 Newsmax. All rights reserved.

1Like our page
2Share
 

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