Fox News
Expand
Browse All Video
Watch Live

You're watching...

Washington Post to issue early dividend

Details

  • Description

    Fears of 'fiscal cliff' tax hikes to blame?

  • Duration 3:11
  • Date

Clips

Also in this playlist...

Powerful Politics

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Steve open the pages of the Washington Post and chances are.

You'll see an editorial that claims America's rich need to pay more taxes they want tax hikes on the wealthy.

Unless of course -- wanna be wealthy people that owns the post those people are being spared.

Post Co.

will pay its 2012 and 2013.

Dividends.

Early just in case taxes go up.

Fox News contributor.

Tucker Carlson is the founder of the -- -- Tucker it's not just the post.

It's a lot of companies who are pushing their dividends forward saying let's get in front -- fiscal cliff thing but.

It's -- interest into the post be one of them.

Well considering the -- spent the last year agitating on behalf of Barack Obama's reelection I would say the last forty years helping this administration.

Arguing that the rest of us ought to pay higher taxes and then spending an awful lot of money trying to avoid doing just that and you're right it's not just post.

It's also individuals we sent a camera up to an event last year by the patriotic millionaires implication being if you distribute -- your unpatriotic.

Rich people work work up there lobbying for higher taxes.

On the wealthy and we said look.

You have an opportunity right now to donate as much as you like to the federal treasury and not one of them took us up on it of course not these are people who.

Campaign for Barack Obama who campaign on behalf of higher taxes -- spent.

Many millions every year try to avoid taxes on you know attorneys and tax accountants and the hypocrisy is overwhelming air -- -- cuts are going to see just write a story about Google funneling ten billion dollars to Bermuda.

Eric Schmidt when it -- of the founders of Google.

Also very big.

For pres Obama supporter a liberal then take this one.

Jim Senegal the founder of -- -- who actually spoke this man's file at the DNC.

They did the exact same thing they declared themselves the board did.

A -- -- 2012.

So they avoid the fit the higher potential higher taxes in 2013.

Hypocrisy everywhere if if there is a clearer definition of hypocrisy I'm not aware of it it is impossible to simultaneously argue.

That we ought to raise taxes.

Especially on the wealthy and then go out of your way not to pay those very taxes there's really no way around as -- by the way.

I think any company that does this or any individual who does this -- -- Be held accountable for me next time Warren Buffett is on television they -- all the time the first question ought to be.

How many tax accountants and lawyers do you have how much time do you spend.

Trying to avoid the very taxes you're claiming the rest of us ought to -- -- what there's no better question I was gonna say warm buffet they spent a lot of time figure how to -- As little taxes as possible and also I'm pretty sure.

Parents should keep that dividend and capital gains tax is -- as possible.

Does that -- the company.

Exactly.

Exactly but militarism one final thing -- a lot of these companies -- -- on behalf of higher taxes.

In fact arrived at competitive advantage from this these are big established companies -- -- smaller competitors pay higher taxes.

It helps them they're not gonna go out of business by paying a higher rate.

But some other competitors might so actually there's a business advantage in many cases that they do not disclose when they argue for our -- -- -- great talking to Tucker Carlson.

Load More