Speakeasy forum: Al Gore's Business Deal With Al Jazeera Islamic Network

the reported sale date is incorrect, if you read other reports about this. Gore, a long proponent of 'tax the wealthy' pushed the deal so that it went thru before Dec 31 so he could get the tax breaks that were still in effect for 2012. Hypocrite as usual.

Only that Obama wants new higher taxes this year. People selling for gain did so last year. What we will fact this year are those selling to lock in losses, taking advantage of larger tax write offs.

retroactive? No...2012 rates, Josh. That's why he pushed to close the sale before Jan 1

You are one of the biggest complainers about how 'big business owners' rip off the government all the time with their tax loopholes, and somehow, the fact that a former VP of this country would actually do the same damn thing is beyond your belief.

all the same if his main reason was to avoid paying the new BO taxes all the while he claims to be for those higher tax rates. You can stop nit-picking anytime now, when you know all along what was going on.

or government benefits while campaigning to end them is the same?

and benefits.

"So you say that profits made from sales by american companies, by american workers, off of american consumers should be moved out of country to avoid american taxes, which leave american consumers to make up for the tax shortfalls?"

The situation you describe above is taxable. What isn't taxable are American companies operating overseas, using overseas labor, and selling the products overseas, and the profit is retained overseas. Only when it's brought into the US is
it taxable.

It's not like he hid the money in the Caymans or a Swiss bank account.

All Josh and myself asked for was the specific information that backed up your specific accusations.

Now, you say he is taking advantage of loopholes. Which loopholes?

Sounds like you made your complaints based upon your dislike of the man, rather than on specific knowledge.

I don't care personally what he does with his money or how he makes it as long as it's legal, since after all he WAS the VP and very nearly our president. It just amazes me that not only was he pushing hard to get the deal done before he would have been subject to the very higher taxes two months ago he said on national television that higher income people like himself "SHOULD" pay as their FAIR SHARE, but he has also been a heavy hitter with global warming and his aversion to fossil fuels (remember he made millions on that topic alone) while not only flying around in his private jet emitting all that 'pollution', but he actually refused to sell his failed tv station to an American in order to sell it instead to AJ, which is based out of Qatar......and has made THEIR money on BIG OIL.....supposedly because Beck didn't have the same goals in mind with Gore, but evidently AJ DOES. He's a proven liar and a phony in both instances.....

....Aussie Rupert Murdoch get HIS propaganda network on TV in the US?

You may even be a quarter correct about it, but your twisting this story and so many others, and your long standing animus towards anything slightly to the Right of Atilla the Hun eviscerates this as a credible statement. Pack your megaphone and go home.

Rob

Report: Glenn Beck tried to buy Current TV, Al Gore went with Al-Jazeera

Al-Jazeera wasn't the only media company with its sights set on former Vice President Al Gore's little-watched Current TV.

Glenn Beck's Blaze Media approached the struggling cable news network last year, the Wall Street Journal reports, but was rebuffed because "the legacy of who the network goes to is important to us and we are sensitive to networks not aligned with our point of view."