Warren Buffett...Traitor?

http://www.politico.com/magazine/st...betrays-america-110404_full.html#.VAJpH8VdWSo


Warren Buffett Betrays America
By RICH LOWRY
August 27, 2014


It must have been a bitter moment for President Barack Obama when he got the news that his favorite economic guru not only doesn’t like paying taxes but hates America.

Warren Buffett, whose eponymous rule was a staple of Obama’s 2012 reelection campaign, is underwriting Burger King’s proposed move to Canada that the left is denouncing as practically the most dastardly plot since the Rosenbergs helped the Soviets get the atomic bomb.

Burger King is acquiring the Canadian coffee and doughnuts chain Tim Hortons in what is called a “corporate inversion.” At least that’s the technical term for it. Obama and the left prefer to call it by names usually reserved for spies and AWOL soldiers before they get a last cigarette and a blindfold.

The practice of corporate inversion, or relocating overseas to avoid the burden of U.S. taxes, offends the president’s sense of “economic patriotism,” as he put it in a speech a few weeks ago. He referred to firms that make this move as “corporate deserters” taking advantage of an “unpatriotic tax loophole.”

 

From the OP:

 

Especially when it doesn't cost the country a penny. Tax revenue will most likely increase as a result of this particular move.

Obama is just running his mouth. Can't help himself. He hates American businesses and everything they stand for. Never misses an opportunity to demonize them.

Except, of course, when he's fund raising.

 

It's Obama that needs to check his facts. The OP has it right.