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Mcdonald's Quits London For Geneva Over Tax Concerns


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HOLA441
If McDonald's goes under, where will our nation's tracksuited underclass go for their Sunday lunch?

fukwit

was that comment really appropriate m8

youve never eaten in mcdonalds or something, not sure where your really going with that m8

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HOLA442
bit of an idiot comment there.

They have a duty to their shareholders to maximize profits. One part of this is minimizing tax. If they can pay less tax elsewhere, they should.

Tell us how you never shop in the big supermarkets, because you prefer to pay the higher prices in your local butcher's.

Too true.

And we should be cutting taxes for real businesses, whilst driving out the banks.

I am a strong capitalist and I believe banking, which ever way you cut it is not capitalism but an extension of the state. The state issues fiat currency and the banks merely get to borrow said fiat currency cheaper than everyone else. Banks are not clever and do not posses special talent that needs to be retained, they just happen to have a Government license.

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HOLA443
Tell us how you never shop in the big supermarkets, because you prefer to pay the higher prices in your local butcher's.

Thats me, but then again if you did use your local butcher you would realise the quality of food is far greater and the price is often cheaper.

Just dispelling one of the myths created by greedy supermarkets selling sloppy muck disguised as food.

McDonalds - I'd close them all down tomorrow if I ruled the world. Shortly followed by those pesky supermarkets.

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HOLA444
So you don't have a problem with companies making profits in the UK but paying take elsewhere?

They will still pay tax on profits generated in the UK. The point of the move is to escape the UK tax regime on profits gained from the global exploitation of the McDonalds brand. A perfectly sensible and fair move by McDonalds and a complete disaster for the UK. The multinationals are forming a long queue to get out now - several have gone already. Why should they sit by and let Gordon squeeze them to fund his army of benefit queens (yes, including those in the City)?

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HOLA445
fukwit

was that comment really appropriate m8

youve never eaten in mcdonalds or something, not sure where your really going with that m8

If you get annoyed by that, you've got a lot to learn about the humour on HPC my friend

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HOLA446
Guest happy?
fukwit

was that comment really appropriate m8

youve never eaten in mcdonalds or something, not sure where your really going with that m8

One aspect of this tosh about good capital being driven-out by Labour punishing big companies which has not been considered is the massive cost to the UK caused by obesity. There is a link between the growth in fast food 'restaurants' and the huge increase in the number of grossly overweight people in the UK.

The cost of the epidemic is borne by you and I as taxpayers in lost earnings through ill health and charges to the NHS - everything from heart disease to colonic cancer.

Perhaps the issue should be one not of driving McDonalds out of the UK because of 'punitive' taxes (a canard the right always like to witter on about) but one of should we limit the impact of the ill-health caused by fast-food by taxing it to reflect the true burden to the rest of us?

I suspect that were taxation to reflect the true burden the number of franchises of fast food 'restaurants' would dwindle and the health of the majority would benefit.

Edited by happy?
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HOLA447
fukwit

was that comment really appropriate m8

youve never eaten in mcdonalds or something, not sure where your really going with that m8

Your use of the textspeak contraction "m8" is in line with your average McDonald's apologist.

Yes, I have eaten in McDonald's: the food was crap, the people who frequented the joint were mainly tracksuited chavs with their trousers half-way down their arses, and I've no intention of going back in a hurry.

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HOLA448

Hmmmm, this thread seems to be descending into a bit of a McDonalds class bashing.

Plenty of people eat at McDonalds, occasioanlly, and enjoy it. My Uni flat mate was a very serious athelete and rower, but every sunday we would drive down to McDs for our classy sunday lunch.

The fact is it is a profitable, large company that provides jobs to UK workers. Also, it gives a lot of jobs to people who otherwise would find it hard to work normal 9 - 5 jobs. I don't want Labour to start using obesity as an excuse to tax another of life's little pleasures.

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HOLA449
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HOLA4410

Da-da-dat-dat-daaah . . . I'm avoiding it. :lol:

They've not just gone large, they've gone away.

The UK is toast. Flame grilled toast. Completely burgered. We've had our chips.

[That's enough cheesy jokes, Ed]

Edited by Dave Spart
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HOLA4411
Da-da-dat-dat-daaah . . . I'm avoiding it. :lol:

They've not just gone large, they've gone away.

The UK is toast. Flame grilled toast. Completely burgered. We've had our chips.

always found them handy for the odd McDump whilst travelling.

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HOLA4412
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HOLA4413
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HOLA4414
Right so they want to make a profit in the UK, but would rather not pay tax. I mean I can undertand them doing this what with them struggling to make a profit and all!

Sorry BBC it is much more complicated - they pay an enormous amount of tax through their operations PAYE, Employers NI Vat etc.

The amount they pay in corporate tax is probably dwarfed by these sums. Then you have the loss of a prestigous HQ with all the surrounding jobs from the local newsagent to the professional business services required: Printing, IT services, and food suppliers...

We need well run big busineses in this country for more than just tax for job creation, the application of best practice etc

Don't get sucked into NUlabour class envy that destroys wealth creators

Edited by Greg Bowman
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HOLA4415
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HOLA4416
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HOLA4417
Hmmmm, this thread seems to be descending into a bit of a McDonalds class bashing.

Plenty of people eat at McDonalds, occasioanlly, and enjoy it. My Uni flat mate was a very serious athelete and rower, but every sunday we would drive down to McDs for our classy sunday lunch.

The fact is it is a profitable, large company that provides jobs to UK workers. Also, it gives a lot of jobs to people who otherwise would find it hard to work normal 9 - 5 jobs. I don't want Labour to start using obesity as an excuse to tax another of life's little pleasures.

Spot on after all unless you eat it 24 x7 it is only mincemeat and bread

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HOLA4418
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HOLA4419
The majority of MacDonalds are franchisees so they are British too. BK nice burgers though but crap service.

Franchises...didnt know that, so thats around 5000 businesses STAYING in the UK.

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HOLA4420

Source - Eric Schlosser author of Fast Food Nation

Mcdonalds is ultraconformist, so anti-hpc-er

;)

"Uniformity" and "conformity" are the two key words. Look at [McDonald's Corp. founder] Ray Kroc's quote at the beginning of the book: "We will not tolerate nonconformists." It's a chilling quote. The organization cannot trust the individual. That, in many ways, still is the McDonald's corporate culture. Uniformity and conformity are crucial to the rise of the industry, and it is remarkable how they have achieved that.

When I visited McDonald's in Dachau [Germany], it could have been Idaho. I could have been in Colorado. And if you closed your eyes and tasted that hamburger, you could have been anywhere on the planet in a McDonald's. The food was exactly the same.

Biggest growth in the 70s when min. wage fell

KE: How does that guiding principle relate to late-20th-century American history?

ES: McDonald's most significant growth occurred in the early '70s when the minimum wage declined. [From 1948 to 1969, the company built 1,000 restaurants; now there are 13,000 in the United States.] I would argue that you needed a certain social, political climate to embrace this kind of uniformity, conformity, the reassurance that you know exactly what you're gonna get, how it will taste. . . . This appealed to people at that time, following the social upheaval of the late '60s.

Going from 1,000 to 13,000 in this period tells you a lot. And once every retail business under the sun realized how this worked, they went gung-ho. The basic idea is replicating an identical environment every time. Only a certain mentality and collective consciousness will accept that. And it's no accident that the industry's highest rate of growth occurred during a period when the real value of the U.S. minimum wage declined by about 40 percent.

Mcdonalds gets loads of gov funding & loans

KE: In the book, you talk about the ways the federal government has subsidized the fast-food industry with Small Business Administration loans to build franchises, agricultural subsidies for big business, etc. [in '96, the federal government loaned $1 billion to new franchises, most to fast food.] Doesn't this contradict the free-market, anti-government-intervention ethic that drives so much of this industry and its offshoots?

ES: Yes, those two things just so profoundly contradict one another. . . . If you're going to embrace government funding, then you should embrace the public responsibility of the corporation. If you're going to accept public aid for the development of industry, then you should accept the responsibility of providing health care for those workers who drive the economy. . . . Looking at the fast-food industry as an example is just a very good way of looking at this contradiction of what you say politically and what you actually do economically.

Mcd's now funding diabetes research in kids, so must be worried

Anyone for Moob Donalds?

(Reuters) — McDonald's Corp., which has been criticized for marketing calorie- and fat-laden food to children, said on Wednesday it is partnering with leading biomedical scientists to fund research and programs aimed at preventing childhood obesity.

The world's biggest fast-food company is donating $2 million to the La Jolla, California-based Scripps Institute, the first time it has ever directly funded scientific research, said President and Chief Operating Officer Ralph Alvarez.

"Everything that we keep on seeing is the whole issue of childhood obesity and the early onset of Type 2 diabetes has grown exponentially," Alvarez said in an interview on Tuesday. "We felt we needed to get greater education in this area."

The move comes as McDonald's has been working to fend off high-profile accusations that the company is partly to blame for the 16 percent of U.S. children and adolescents who are overweight or obese.

Edited by Saving For a Space Ship
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HOLA4421
Good point!!!

Let's rephrase for your benefit:

"Yes - let's blame the lazy benefit scrounging scum who can't be bothered to get off their collective arses and find some gainful employment, and who depend on weak socialist government to provide their fags and sky TV at the expense of hard working people"

Solyent Green it will do the scum a favour. In the UK for the indigenous population poverty is a lifestyle choice brought about their inability to control their instant needs beyond sex, drugs and alcohol and food. There are of course exceptions but far fewer than left wing w****** and middle class liberals would care to admit.

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HOLA4422
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HOLA4423
One aspect of this tosh about good capital being driven-out by Labour punishing big companies which has not been considered is the massive cost to the UK caused by obesity. There is a link between the growth in fast food 'restaurants' and the huge increase in the number of grossly overweight people in the UK.

The cost of the epidemic is borne by you and I as taxpayers in lost earnings through ill health and charges to the NHS - everything from heart disease to colonic cancer.

Perhaps the issue should be one not of driving McDonalds out of the UK because of 'punitive' taxes (a canard the right always like to witter on about) but one of should we limit the impact of the ill-health caused by fast-food by taxing it to reflect the true burden to the rest of us?

I suspect that were taxation to reflect the true burden the number of franchises of fast food 'restaurants' would dwindle and the health of the majority would benefit.

Exposed a health facist a bet you are real belter at parties now pass the gin and that doughnut - and remember you don't live much longer with a facist healthy lifestyle its your dna innit? It just feels like it ! :lol:

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HOLA4424
One aspect of this tosh about good capital being driven-out by Labour punishing big companies which has not been considered is the massive cost to the UK caused by obesity. There is a link between the growth in fast food 'restaurants' and the huge increase in the number of grossly overweight people in the UK.

The cost of the epidemic is borne by you and I as taxpayers in lost earnings through ill health and charges to the NHS - everything from heart disease to colonic cancer.

Perhaps the issue should be one not of driving McDonalds out of the UK because of 'punitive' taxes (a canard the right always like to witter on about) but one of should we limit the impact of the ill-health caused by fast-food by taxing it to reflect the true burden to the rest of us?

I suspect that were taxation to reflect the true burden the number of franchises of fast food 'restaurants' would dwindle and the health of the majority would benefit.

+1

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HOLA4425
Guest happy?
Exposed a health facist a bet you are real belter at parties now pass the gin and that doughnut - and remember you don't live much longer with a facist healthy lifestyle its your dna innit? It just feels like it ! :lol:

Your ad hominem attacks reveal two things about your limited grasp of reality:

1. A health fascist I ain't - most people who know me on this site would say more like bon-vivuer (i.e. everything to excess but very particular about the quality of that excess).

2. Your personal attacks (and your failure to engage with the debate) are definitely the characteristics of a fascist).

In your case you really would be better-off keeping your trap shut - by posting you merely reveal yourself to be the idiot with no valid contribution.

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