Warren Buffet, Burger King Inc. investor, has been under fire for plans to buy out Tim Hortons Inc. for $11.4 billion. He intends to form a new Canadian company in order to take advantage of Canada's lower corporate tax rates.

Acccording to the Organisation for Economic Cooperation and Development, the total federal, state and local corporate tax rate in Canada is 26.3%, while the total U.S. corporate rate is 39.1%.

People are reacting with mild outrage and some may boycott the popular fast food chain, although others believe it is about more than just taxes.

Read more on the LA Times.

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