Evil Corporations make break

McDonalds is to leave London for Geneva, joining the growing ranks of US companies moving their European headquarters to take advantage of preferential intellectual property tax laws.

McDonald’s said its decision was not prompted by changes in the UK taxation of foreign profits from intellectual property rights made by Alastair Darling, the finance minister, this year. No, of course not.

Under the UK tax rules that came into force at the start of the month, McDonald’s would be paying tax on foreign profits relating to intellectual property twice over. More here:

Ha ha - "Bye bye, now." It looks like the socialists will be running out of other people's money faster that they thought.

I wonder if the socialists in the US will wake up. I wonder if they'll increase taxes or decrease them. Yes, I wonder ... NOT. That's the thing about liberals, they don't learn.

Kraft, Procter & Gamble, Google, Electronic Arts and Yahoo have switched from the UK to Switzerland in recent years, while Informa, the UK publisher, is changing its tax domicile to the country.

Hey libs ... don't worry ... you can fix this easy. Just lower your tax rates. Those evil job-providing companies will come back ... just tell them to trust you that you won't raise them again ... they'll understand. Bye bye, jobs -- bye bye, millions in revenue ... bye bye, now!