November 7, 2011

Super Tax Me

Ronald McDonald and Happy Meals 'should be banned', say health campaigners
(Getty Images)
McDonald's recently gave in to public-sector pressure and cut the amount of french fries in their Happy Meals. Now they want the government to return the favor and cut taxes, especially for businesses.

McDonald's Corp. CEO Jim Skinner tells UK's Telegraph

"We pay some of the highest [corporate] taxes around the world. There needs to be some levelling."

Asked about federal borrowing, he said: "It's not a good story… the government has to spend less. We have to grow the economy, grow GDP… and you have to be able to do it in an organic way and not through borrowings and increasing debt."

McDonald's army of blue-collar customers need more clarity on core issues, such as healthcare, he said. "Until all of that is all defined and certain… we're going to continue to have a fragile environment for consumer confidence."

Less government spending? I’ll drink a Shamrock Shake to that, and I don’t even like their shakes.

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