BUFFALO, N.Y. -- About two dozen people protested outside a Burger King in South Buffalo Monday against the proposed merger between Burger King and Canadian company Tim Hortons.
Under the merger, Burger King would move the new, parent company headquarters to Canada, allowing them to pay a lower corporate tax rate than they would in the U.S.
"This increases the tax burden on regular, hardworking Americans," Andy Reynolds, the communications organizer for the Coalition of Economic Justice, said.
In a statement about the merger, Burger King said, "Our headquarters will remain in Miami where we were founded more than 60 years ago and business will continue as usual at our restaurants around the world."
An article in Politifact however noted the statement is "at odds with reality" because the new parent company will be headquartered in Canada.
As part of the merger, Burger King will still pay U.S. taxes on what it makes in the U.S., but it will lower its overall tax burden.
In addition to their outrage over the proposed merger, the protesters also rallied in support of raising the minimum wage. On Monday, President Obama called for a raise in the minimum wage.
"We're talking about companies that are highly profitable, making billions of dollars a year. They can afford to pay their workers fairly," Reynolds said.
Opponents of a raise in the minimum wage say it would hurt small businesses and prevent them from hiring.