NEW YORK: Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the US. The Oracle of Omaha routinely exhorts investors to put their money in America, "the mother lode of opportunity," as he wrote in his annual letter this year.
Investors and tax experts say Miami-based Burger King's move to Canada through a so-called tax inversion will help curb its US tax bill. Similar recent moves by other US companies – mainly through the purchase of European companies – have drawn the ire of President Barack Obama, who suggested they are corporate deserters lacking economic patriotism.