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George Stephanopoulos Scolds Companies Who Relocate Overseas Because of High Taxes:
Newsbusters ^ | 8/17/11 | Scott Whitlock

Posted on 08/17/2011 9:44:27 AM PDT by Nachum

According to Good Morning America's George Stephanopoulos, companies that go overseas as a result of high taxes in America are "unpatriotic." The ABC host, who has repeatedly lobbied for higher taxes throughout his journalistic career, endorsed Warren Buffett's call for the rich to pay a higher percentage in taxes.

Talking to Donald Trump, Stephanopoulos cajoled, "Warren Buffett made another splash, saying it's not right, he a billionaire, pays 17 percent in taxes when his secretaries and receptionists pay more. Isn't he right about that?"

(According to columnist Cal Thomas, Buffett's efforts would make little difference.) Trump insisted that he would be willing to pay higher taxes in order to stay in America, but many of his colleagues wouldn't. The GMA anchor attacked, "But that's unpatriotic, isn't it?"


TOPICS: News/Current Events
KEYWORDS: companies; george; justaduplicate; scolds; stephanopoulos
'Ol Georgie caint hep it. 'Ee was borned with a hammer 'n sickle up 'is *ss.

Full title: George Stephanopoulos Scolds Companies Who Relocate Overseas Because of High Taxes: 'Unpatriotic'

1 posted on 08/17/2011 9:44:38 AM PDT by Nachum
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To: Nachum

Fomenting Communism is also unpatriotic, no talent.


2 posted on 08/17/2011 9:47:01 AM PDT by EyeGuy (2012: When the Levee Breaks)
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To: Nachum

“According to Good Morning America’s George Stephanopoulos, companies that go overseas as a result of high taxes in America are “unpatriotic.””

But how dare anyone question a Democrats patriotism, right?

If the rich want to pay more taxes, then go ahead and write a check.


3 posted on 08/17/2011 9:52:11 AM PDT by VanDeKoik (1 million in stimulus dollars paid for this tagline!)
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To: Nachum

Has George ever invested in an American company that made its money overseas?


4 posted on 08/17/2011 9:53:14 AM PDT by 353FMG (Liberalism is Satan's handiwork.)
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To: 353FMG

Has George ever run a company that made money? Oops. Silly me.


5 posted on 08/17/2011 9:55:04 AM PDT by Pecos (Constitutionalist. Liberty and Honor will not die on my watch.)
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To: Nachum
'Unpatriotic'

Yeah, just like the Jews of the Third Reich were "unpatriotic" fleeing
that theft, then slavery, and ending up as part of the final solution?

Seriously, George. "Unpatriotic" to avoid the road to serfdom?

6 posted on 08/17/2011 9:55:15 AM PDT by Calvin Locke
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To: Nachum; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; NFHale; ...
RE “ According to Good Morning America's George Stephanopoulos, companies that go overseas as a result of high taxes in America are “unpatriotic.” The ABC host, who has repeatedly lobbied for higher taxes throughout his journalistic career, endorsed Warren Buffett’s call for the rich to pay a higher percentage in taxes.

Democrat talking points are :” Republicans SHIP jobs overseas

My talking points are :” Democrats CHASE jobs overseas

Germany has a trade surplus with China and they don't do it with endless borrowing, taxes and handouts and regulations and union strikes and walkouts.

Do we want to be a Germany (Ant) or a Greece (Grasshopper )??? So far...

7 posted on 08/17/2011 9:55:30 AM PDT by sickoflibs (If you pay zero Federal income taxes, don't say you are paying your 'fair share')
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To: Nachum
Well, George, we could always build a wall around America, to prevent ANYONE from relocating overseas.

Will that satisfy ya?

8 posted on 08/17/2011 9:56:44 AM PDT by Navy Patriot (Holy flippin' crap, Sarah rocks the world!)
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To: Nachum

G.E. is unpatriotic.....


9 posted on 08/17/2011 10:01:10 AM PDT by GraceG
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To: All

The Ivy League Waste of Space got it right, he just included too many words:

He said:

“companies that go overseas as a result of high taxes in America are “unpatriotic”

He meant to say:

“high taxes in America are “unpatriotic”


10 posted on 08/17/2011 10:01:42 AM PDT by EyeGuy (2012: When the Levee Breaks)
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To: Nachum
I'm sure dirt cheap off shore labor has nothing to do with with this.

If taxes are the big issue and not dirt cheap labor, why do we have tens of millions of low wage illegal aliens in our country?

And why would big biz not simple relocate to red states where the taxes are low?

The BS here is knee deep.

11 posted on 08/17/2011 10:03:04 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2
And why would big biz not simple relocate to red states where the taxes are low?

What states are allowed to exempt companies from federal taxes and regulations?

12 posted on 08/17/2011 10:04:48 AM PDT by nascarnation
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To: Nachum

How dare you duck when I throw sh*t at you!


13 posted on 08/17/2011 10:05:13 AM PDT by Boiling point (Cain / Palin 2012)
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To: Nachum
Georgie just come out of the closet, Admit the Democrat party is all about Communism and Every one with a "D" is Unpatriotic.
14 posted on 08/17/2011 10:05:19 AM PDT by Cheetahcat ( November 4 2008 ,A date that will live in Infamy.)
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To: dragnet2
why do we have tens of millions of low wage illegal aliens in our country?

Because the federal government has failed to do its duty. In fact it has actually hindered state efforts to improve this situation.

15 posted on 08/17/2011 10:07:22 AM PDT by nascarnation
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To: nascarnation
I'm sure dirt cheap off shore labor has nothing to do with with this.

If taxes are the big issue and not dirt cheap labor, why do we have tens of millions of low wage illegal aliens in our country?

And why would big biz not simple relocate to red states where the taxes are low?

The BS here is knee deep.

_______________________________________________________

"What states are allowed to exempt companies from federal taxes and regulations?"

_______________________________________________________

Did that stop big biz from hiring tens of millions of low wage illegal aliens here in the U.S.

You know, where the illegals think company benefits mean a 5 minute break?

16 posted on 08/17/2011 10:09:58 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Nachum

George is right there on the Canadian bus with the Sock Puppet pointing a pen light on jobs...


17 posted on 08/17/2011 10:10:28 AM PDT by Voter62vb
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To: Nachum

This is another reason why The FairTax is Awesome and Loved by Democrats and Republicans alike. Implement the FairTax and over 12 trillion dollars held overseas would be repatriated into the U.S. economy in less than a year. Let's bring those jobs and those dollars home. Go Tea Party; Go Fair Tax.


18 posted on 08/17/2011 10:14:06 AM PDT by so_real ( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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To: Nachum; Liz; sickoflibs
Yeah, 'scolding' -that's a great dem policy.

Dems scold rioters, people who say things the don't like, citizens who eat hamburgers, people who object to creepy lightbulbs...

Dems 'scold'.

George - it's 'incentives' that move reality - not guilt trips.

Stephanopoulos - if we scold people about NOT keeping their grass cut ( because it draws snakes etc) - but every time a person's grass is over five inches tall, we give them a check for $500, what do you think is going to happen?

We'll have tall grass everywhere - and a few liberal elite scolds who "feel" superior. Mainly because with all their money they don't have to worry about the incentive... grow up George.

19 posted on 08/17/2011 10:14:47 AM PDT by GOPJ (One ring to rule them/one ring to find them/one ring to tax them/and in indebtedness bind them.)
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To: dragnet2

My view is that most illegals DON’T work for big business.

They work for small business or as independent contractors.

When you see a crew of illegals at McDonalds, they aren’t employed by McDonalds, they are employed by the (typically small) franchiser who runs the business.


20 posted on 08/17/2011 10:17:07 AM PDT by nascarnation
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To: VanDeKoik

Liberals just cant understand no loving the government and giving up your money freely so THEY can spend it for you

It does not even occur to them that you can do more with it- like feed some homeless or hire someone who needs a job- they think you just will bake it into pies.


21 posted on 08/17/2011 10:18:14 AM PDT by Mr. K (CAPSLOCK! -Unleash the fury! [Palin/Bachman 2012- unbeatable ticket])
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To: Nachum

According to Good Morning America’s George Stephanopoulos, companies that go overseas as a result of high taxes in America are “unpatriotic.”

LOL I bet he was laughing offstage after he said it. They’ll say anything with a straight face these days.

Did he say anything about companies that go overseas as a result of their search for higher profits
being “unpatriotic” ?


22 posted on 08/17/2011 10:18:18 AM PDT by ngat
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To: nascarnation
My view is that most illegals DON’T work for big business.

You should get out more.

Illegals have completely taken over the service industry, all major hotels, completely taken over the construction industry, taken over the restaurant food service industry, they drive trucks, they have taken over the warehousing industry, what is left of manufacturing etc. You name it.

When you see a crew of illegals at McDonalds, they aren’t employed by McDonalds, they are employed by the (typically small) franchiser who runs the business.

Oh shazamm! How very convenient for Micky D. Ya think this is some kind of mistake?

23 posted on 08/17/2011 10:22:21 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Nachum

Um, hi, George? Hi. Your employer, ABC, shoots TV shows and movies outside the U.S. all the time.

And it’s not because they need exotic locations like the pyramids; most of what they shoot in Canada are cities standing in for the U.S.

They do it for the tax breaks. You pint-sized, squeaky-voiced, big-headed, hypocritical simpleton.


24 posted on 08/17/2011 10:30:24 AM PDT by Blue Ink
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To: Nachum

Gosh, I saw that this morning, and it sure looked like it was Donald Trump, not Stephanopolous who used the term unpatriotic (three times by my count) when referring to those who relocate to avoid taxes.


25 posted on 08/17/2011 10:35:47 AM PDT by dmz
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To: dmz

DONALD TRUMP: It’s very unpatriotic. They’re not patriotic. In many cases, they’re not patriotic. They’re business machines. And they’re going to say, “Thank you very much, George. I appreciate you letting us know, we’re moving to Switzerland.”

_______

Why are we only bashing GS for the comment, Trump was quite the darling around here for a spell. He states it quite clearly. And yet, it’s as though he spoke not a word on the topic.


26 posted on 08/17/2011 10:40:07 AM PDT by dmz
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To: Nachum; All
Warren Buffett made another splash, saying it's not right, he a billionaire, pays 17 percent in taxes when his secretaries and receptionists pay more. Isn't he right about that?"

I am sooo sick of this one. Hussein also repeats this lie! The reason Warren Buffet pays only 17% is because he takes NO SALARY! He is paying capital gains tax which is lower. So the whole thing is a lie. If he wasnt taking advantage of the tax system he would be paying a higher rate than his secretary. And technically, the money has been already been taxed at the corporate tax rate of 35%. Since capital gains is a form of double taxation. Warren Buffet is a tax dodger, a legal one but a tax dodger the same. He should take a salary like the rest of his people. Problem solved.

27 posted on 08/17/2011 10:58:26 AM PDT by blasater1960 (Deut 30, Psalm 111...the Torah and the Law, is attainable past, present and forever.)
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To: Nachum

Somewhere in Greece a village is missing its idiot. Actually, judging by current events there are a lot more like him back in the old country.


28 posted on 08/17/2011 11:13:52 AM PDT by Lonesome in Massachussets (Somewhere in Kenya a village is missing its idiot)
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To: ngat

His employer is Disney. How much merchandise sold by Disney is made outside the USA?


29 posted on 08/17/2011 11:18:47 AM PDT by xp38
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To: dragnet2

You are aware that 75% of McDonalds are franchised, and I doubt this has anything to do with illegals, since that pattern was established in the 60s.


30 posted on 08/17/2011 11:35:27 AM PDT by nascarnation
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To: Nachum
Buffet's assertions do not make sense. The IRS should investigate.

1. Berkshire Hathaway’s proxy statement reports his income as $175,000. No where near enough to account for $6.9 million in taxes paid.

2. Since Buffet has stated in the past that 98% of his wealth is in Berkshire Hathaway which is a C - Corporation. I think that C corporations pay at 35% tax rate. Then Buffet would pay an additional 15% on realized Capital Gains taxes, and whatever % involved with dividends received.

3. Therefore, if he's only paying 17.4% he is either misrepresenting the facts or some sort of tax evasion appears to be in play.

In his 2007 interview with Tom Brokaw, He proposed a consumption tax (not sales tax). He envisions everyone’s money in unlimited IRA, and only taxed when removed to purchase something. He did not advocate for raising the income tax or the capital gains tax. He said a raise in capital gains would not hurt investment.

In fact, as a long term investor, he would likely approve of a tax that encourages less selling and more long-term holding. Also, any one surprised that an investment manager thinks everyone should have all their money in IRA?

Now what about that death tax? His insurance companies make lots of money from products including life insurance to help the wealthy avoid paying that tax.

I wish someone would make him prove his statements that he pays at a lesser rate than his employees, because I am skeptical, but if it is true, then I want to know why he doesn't restructure their pay so they also get to keep more money.

Also, he fought pretty hard to keep stock options as a deductible expense for corporations, thereby sheltering income from taxation. The opposite of what he is reported to think.

I am from Missouri. Mr. Buffet, show me the documents that prove your assertion.

31 posted on 08/17/2011 12:16:28 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: blasater1960

I too am sick of this, and I do not believe it. See my post #31.


32 posted on 08/17/2011 12:22:01 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: sickoflibs; Nachum; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; NFHale
Democrat talking points are :” Republicans SHIP jobs overseas ” My talking points are :” Democrats CHASE jobs overseas ”

Another Dem talking point is "Companiess are paying less tax than ever in history."

Is that because they are moving overseas to avoid US taxes and regulation (not to mention Obama's NLRB)?

Department of Unintended Consequences!

33 posted on 08/17/2011 1:35:18 PM PDT by ding_dong_daddy_from_dumas (Budget sins can be fixed. Amnesty is irreversible.)
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To: ding_dong_daddy_from_dumas; Nachum; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; NFHale
RE :"Another Dem talking point is "Companiess are paying less tax than ever in history." Is that because they are moving overseas to avoid US taxes and regulation (not to mention Obama's NLRB)? "

Yep, and one of the loopholes they talk about is raising taxes on US companies that make their money overseas to make them want to move back here, as if that wont backfire.

34 posted on 08/17/2011 1:40:57 PM PDT by sickoflibs (If you pay zero Federal income taxes, don't say you are paying your 'fair share')
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To: ding_dong_daddy_from_dumas; sickoflibs; Nachum; DoughtyOne; calcowgirl; Gilbo_3; NFHale

Another Dem talking point is “Companiess are paying less tax than ever in history.”

Is that because they are moving overseas to avoid US taxes and regulation (not to mention Obama’s NLRB)?

” Department of Unintended Consequences! “

Department of National Suicide


35 posted on 08/17/2011 1:48:23 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: sickoflibs

Exactly


36 posted on 08/17/2011 2:00:34 PM PDT by DoughtyOne (The Destroyer = anti-US, the West, Christians, Israel, banks, W.S., Corps, & the free enterpr systm.)
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To: Nachum

“The last capitalist we hang shall be the one who sold us the rope.”
— Karl Marx


37 posted on 08/17/2011 2:09:38 PM PDT by ex-snook ("Above all things, truth beareth away the victory")
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks sickoflibs.

Snuffleupagus has skated through his adult life being underworked and overpaid, and of course, has been nothing but a partisan media hack for over a decade now.


38 posted on 08/17/2011 3:50:29 PM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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