Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.
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(CNN) – Burger King's decision to merge with doughnut chain Tim Hortons and move its base to Canada has everyone from customers to congressmen more fired up than a flame-broiled patty.
That's because the deal would let the fast food giant pay taxes at a lower rate. But the chain insists that's not feeding the move.
"The decision to create a new global QSR leader with Tim Hortons is not tax-driven – it's about global growth for both brands. BKC will continue to pay all of our federal, state and local U.S. taxes," the company said, in a statement posted on its Facebook page.
It's only a convenient coincidence that by making the deal, burger king can avoid paying double taxes on profits earned overseas.
Some fans who accuse the chain of tax dodging are now calling for a boycott. A petition launched on the website MoveOn.org has already garnered more than a thousand signatures.
So as our neighbors to the north would say, what's this deal really all aboot?
CNN's Joe Johns reports.
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The Lead with Jake Tapper draws not only on Tapper’s deep knowledge of politics and national issues, but also seeks to examine and advance stories across a wide range of topics that demonstrate his own curiosities and interests. Compelling headlines come from around the country and the globe, from politics to money, sports to popular culture, based on news drivers of the day.
The Lead with Jake Tapper airs weekdays at 4 p.m. ET.
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