Fund: Burger King News ‘a Warning Signal, Wake-Up Call’ for Corporate Tax Code

‘Canada is rated the number one country in the world for business-friendly taxation’

FUND: "Well I think the tax situation is a nice sweetener. I recently spoke to the Fraser Institute in Canada, and I learned that Canada is rated the number one country in the world for business-friendly taxation. So, given how much pressure U.S. companies are under -- and by the way Canada is now the 8th freest country in the world, according to the Fraser Institute in terms of economics. The U.S. is 17th. We are falling behind Canada. Gerri, we have a lower per capita income in the U.S. now then Canadians do. That's never happened before. So the fact the Canadian companies are so attractive is a testament to how much we're falling behind."
 

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