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Old 10-24-2013, 02:26 PM   #81
KC native KC native is offline
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Quote:
Originally Posted by Cochise View Post
Ok then. I make the argument that McDonald's is paying 30% in corporate taxes to support these entitlement programs, so the argument that they are freeloading off entitlement programs is without merit.
You don't know that they are paying a 30% tax rate in the US. They don't break out tax rate by country in their financial statements and McDonalds operates in a lot of higher than US tax jurisdictions. That is their tax rate across the globe. In some countries it will be higher and in some it will be lower.
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