Buffett's BK Inversion Play Akward For Obama

[AgeOfEnlightenmentSCP]

The left is all up in arms about Burger King looking for a better deal than the highest corporate tax rate in the world, but a cheerleader for higher taxes and cheerleader for the Obama regime, Warren Buffett, is right in the middle of the deal with his check book.

blogs.wsj.com/washwire/2014/08/25/warren-buffetts-inversion-play-looks-awkward-for-white-house/

The White House might need a new poster child for its “tax fairness” campaign.

Famed billionaire investor Warren Buffett, who President Barack Obama has lauded and named a signature proposal after, is helping finance a deal that would allow Burger King Worldwide Inc.BKW +2.33% to reincorporate in Canada and potentially reduce its U.S. tax bill through a so-called inversion, the Journal reported late Monday.

One of the White House’s top economic priorities this fall is to deter companies from pursuing inversions, and Treasury Department officials are designing plans that would [create defacto exit taxes like other tyrannical regimes have done before ]remove some of the incentives for these deals.

[djAdvocate]

i would use the word "inspiring" rather than "awkward".

[AgeOfEnlightenmentSCP]