10 am
Last month Burger King announced it would buy Canadian doughnut chain Tim Hortons, and base themselves in Canada. Scores of American companies move overseas each year to avoid paying U.S. taxes. Some business leaders insist it's for growth, not money, but it raises questions about tax equity and corporate patriotism. We'll discuss the issue this hour.
Guests
- Margo Thorning, senior vice president and chief economist with the American Council for Capital Formation
- Rebecca Wilkins, senior counsel for federal tax policy for Citizens for Tax Justice and the Institute on Taxation and Economic Policy
- Edward D. Kleinbard, professor at USC Gould School of Law and author of We Are Better Than This: How Government Should Spend Our Money