Why are rich Americans renouncing their citizenship?
Donald Trump sounds off
- Duration 5:52
- Date Jun 25, 2012
Donald Trump sounds off
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This transcript is automatically generated
As is every Monday morning this time we're joined by Donald Trump good morning to you mr.
trump reporting on -- I was reading in the paper that you were in attendance and a show on Broadway called one man to governance and you've got fired.
Well they -- that the child guided noted that -- it -- -- -- -- standing opposite because that was sort of as to go to the opposite direction.
-- lifting up like about it 600 -- is that was happy.
That -- -- -- that -- I have no I.
And let you know it was it was spot it was just a Broadway Show it it was really that we had a good time with you get fired at the end I was ultimately everybody gets -- All right so let's talk about what happened in Egypt over the weekend.
The Muslim Brotherhood candidate was elected in the first free presidential election is in as Mohammad.
Where are we to make of that.
Well I think Obama's foreign policy is that a total disaster here a lot of people say they should detect about foreign policy because he's done so well.
And you'd think what he does well I think it's our policy is -- it disaster.
Now the Muslim Brotherhood -- taken over each of which is about as bad as it can get.
-- -- We give billions and billions of dollars to Egypt Egypt was a so called friend of Israel it's not going to be a friend of Israel value here what they're saying.
And I think overall speed of the foreign policy of Barack Obama this is just one of many many instances -- been a disaster.
But what do you expect him to do for example if they go out and vote and most people want the group that's been banned for the last eighty years from any election and they vote -- -- we supposed to put our finger on the scale.
Though it would not supposed to do that but you know we -- helped the -- Bart station -- -- was a friend of ours and he was different Visio.
And we dropped him like gay -- red hot potato if we just drop it now is -- sitting in jail waiting to die.
But he was -- so quickly it was incredible so that's that is supporting people that have really supported us.
But look what we do -- this Muslim Brotherhood and take it over Egypt which is by the way -- disaster.
Because the protesters were not Muslim Brotherhood they would young college kids who wanted to change those kids have been sidelined.
And the income the Muslim Brotherhood because they were well oiled machine compared to the other group.
They weren't tired they read it beautifully and sparkly and the outsmarted the United States as usual what's -- with that everybody else but.
Just shirt and those are like -- thread there of two rear square luckily it didn't burst into violence over the weekend.
You know another beauty look at look at Libya where the Chinese to take it all the -- we went -- there we've made it possible -- about the get out and -- the Chinese -- taken out -- the -- -- to filing our graveyard where our soldiers were buried after World War II it's incredible.
Boone Pickens was not over the weekend without Chris Wallace who had met in person in seemed like a wonderful person.
Boone Pickens sounded like you in talking about -- plot throughout natural gas and how we're not taking advantage -- listen.
It well -- -- every street and down every Alley in the United States it's a largest natural resource that we have.
And it's where are now talking about exporting it -- country.
Use it here increase in demand for natural gas and use it here don't -- and are cheap clean -- 30% cleaner than diesel.
So don't don't ship the et Al.
-- China or wherever else an import dirty OPEC crude.
I mean we're gonna go down as the dumbest generation.
-- -- in the world.
If we do day for me we're fools if we do it because the that we have so much natural gas -- -- -- We got enough natural gas for a couple hundred years why -- at a town Donald Trump well.
Right except for one thing that we're going to go down we are down -- the dumbest group of people we have the dumbest leadership.
But it did it basically many generations just incredible -- would -- -- he's a 100% right we're loaded up with natural gas we do not think about it.
I can't get it they did not adapting cars still it.
We could we could solve this problem so quickly we don't need OPEC would have beat anybody but we don't do anything about it it's hard to believe actually it's hard to believe.
I don't know why I ask you about very provocative.
-- -- covered over the weekend and that was it more and more.
Very wealthy Americans multi millionaires and billionaires are renouncing.
Their US citizenship.
In order to avoid.
Having to pay a massive tax bill what do you make of them.
Well -- -- -- and I hear it all the time might know of such people they go out -- they they go to other countries you know the names of the countries within our have to pay that tax.
And it's a problem for this country and that's why you know the whole system must actually.
You know -- -- -- -- -- leave from New -- to another location you -- -- party doesn't -- Smart and they're leaving the United States and going to other -- But -- -- you've made scads of money have you ever been tempted to renounce your US citizenship.
-- too loyal to this country I will tell you -- if I weren't loyal to the country or in some cases these people just.
I mean honestly I does suburb of their money machine they think in terms of money they don't think in terms of country and you know -- spyware that way -- from an economic standpoint it's a very -- -- -- do I can't do it because -- too loyal to the country.
Yeah and you know -- don't go to France they're taken 75%.
Of your income.
But French would -- -- my first -- anyway.
Acted who ever has been they've got some delicious right runny cheeses -- you have but I like our food better let -- -- they a lot of vacation they hills played waited French -- come from here there.
-- too complicated it's -- -- Donald Trump thank you very much we'll see you next Margaret thank you very.