I'd Be Willing to Pay More Taxes, Says Trump
Real estate mogul Donald Trump said Monday that he would be willing to pay a higher tax rate but most oil companies would not because they are not patriotic.
"Warren Buffet made another splash with his op-ed in The New York Times, saying it's just not right that he, a billionaire, pays 17 percent in taxes when his secretary and receptionist pay more," ABC's George Stephanopoulos told Trump. "Isn't he right about that?"
"There's many different views on that," Trump replied. "And I can also tell you that a lot of people will go elsewhere to do business if you start taxing them."
"But 17 percent isn't much for a billionaire," Stephanopolous noted.
"But you're going to have a mass exodus of business out of this country when you start taxing too high," Trump explained. "But if you go back to certain companies, Exxon Mobil, the oil companies, for us to be subsidizing oil companies is absolutely insane."
"Well it sounds like this is where you part company with the tea party and many in the House. You would be willing to close those loopholes on the oil company as part of a deficit [reduction plan]," the ABC host remarked.
"Oh, absolutely. I think the oil companies -- and I'm a big tea party fan, and the tea party loves me and I get great polls in the tea party... I think when explained to the tea party, I can't imagine anybody's going to stick up for Exxon Mobil or some of these big oil companies that are making a fortune and paying relatively little in tax. And I think we should be taxing," Trump answered.
"As part of a deficit reduction package, would you be willing the pay, assume for a second you pay Warren Buffet's rate, 17 percent. Would you be willing to pay 25 percent instead of 17 percent?" Stephanopolous pressed.
"See, I would be willing to, George, but a lot of people wouldn't be," Trump admitted. "A lot of people would leave the country. I'm talking about big people, job-producing people. Would I be willing? Yeah, I'd be willing. I'd put country first... A lot of people will say, 'No thank you, I'm going to Switzerland. I'm going to Germany. I'm going to here, I'm going to there.'"
"It's very unpatriotic. They're not patriotic. In many cases, they're not patriotic. They're business machines."
If these people and companies that are not paying taxes or are being subsidized in any way by the taxpayers decide to leave the country "where is the loss"?
Also the natural resources of this nation belong to the people not the corporations that pump them from the ground. A reasonable profit margin should be expected in the extraction and processing of those resources but they should actually be paying us Americans for the right to make a profit from OUR oil and water...Nationalizing our resources would be a first step in defeating corporatocracy.
I think we're connected at the brain because I read your first sentence, posted, came back and read the rest of your post and it's EXACTLY what I've been saying for a long time (once I put some thought into it). That's in reference to our natural resources.
Obviously if you contract a company to extract the stuff they should make a profit doing so. But making obscene profits selling back to us what really was ours in the first place is sleazy.
would also be a first step in ensuring another presidential assassination.
Humpty Dumpty was pushed.
What hidey hole did you crawl out of? I would suggest you check yourself into tea-party rehab and join the real world...
Assignation is your answer? Crawl back into your hidey hole!
I don't think he meant he thinks it should happen but that one of the elite would have the prez snuffed.
Mac is no teabagger. And I'd watch out for that pointy middle finger his Jesus avatar is sporting.
me-oww!
My use of the word "assignation" was used for your assigning a outcome to a hypothetical scenario.
Skool is a terrible thing to skip...
I'm just a tea-bagging cheese-doodle eatin' moron who's a sheep and also asleep and votes against my own interests and cares only about Ayn Rand and gawd. Yep, that's me.
Now excuse me while I go back to "skool" and continue studying what happens to leaders around the world when they try to "nationalize" their country's resources.
Humpty Dumpty was pushed.
Study don't mean learnin do it...
.
me-oww!
"I'm just a tea-bagging cheese-doodle eatin' moron who's a sheep and also asleep and votes against my own interests and cares only about Ayn Rand and gawd. Yep, that's me."
I'm surprised. I didn't know that. I lost all respect for you now i know that. ;)
Hehe.
Bite my shiny metal ass.
http://www.startalkradio.net/
Where are they going to leave to? And Doofus is exactly right. Before I go there I want to be really clear that I like the toys that corporations make for me. I am not "anti-corporation" or "anti-rich people".
That said, the more you have the more you cost AND the more you get out of this country.
How much does it cost to maintain the infrastructure surrounding a skyscraper? From roads and water lines to electricity, police and fire protection. They use a lot of that stuff and tax-payers foot the bill.
And those of us who hang out in places like this are probably not two percenters (no offense, C & L).
We aren't the ones getting the best this country has to offer but we're the ones who can't afford tax attorneys.
And frankly, my taxes have never been high enough that I even cared even pre-Bush. I also don't mind paying taxes because I like roads and libraries and all that stuff that socialism provides for everybody.
But like Doofus said, if a corporation is costing us money then who cares if they leave? The manufacturing jobs the corporation provides are already out of the country anyway so how many jobs will we lose to executive, clerical, sales and janitorial staff?
If their taxes, shot up even a percentage point, they would move to a libertarian paradise ... like Somalia. This statement is empirically denied over the course of history. If the media people were doing their job, statements like this would be met with derision and a firm rebuttal.
The fact is that the multinationals in our country need what our country offers them. They need the rule of law, protection of intellectual property, and the tax loop holes. They would not enjoy these benefits in China.
As a practical matter, the multinationals have already left: the ones that are making all those profits are doing so by making money in emerging economies and then stashing the cash offshore to avoid paying taxes on it.
They just get to enjoy the benefits without the accompanying burdens.
he's big on the TP but would be OK with paying more taxes?
I think I just had a small stroke. just can't comprehend the contradictions that keep flying around by these schmucks.
not all martyrs see divinity
inquiring minds want to know...
CTHULHU 2012 "Why vote for a lesser evil?"
I think Don's situation would fall under a fur trapping tax or license of some sort.
When it gets blown back by helicopter downdraft, he looks like Bobcat Golthwait did in the 80's.
Trump seems to think he's just a whole lot of beloved wonderful.
That means he is not making more money to pay more taxes...
following conditions:
We would have:
1) 5% taxes on revenue generated in America or sales in America for Goods and Services.
2) 10% taxes on revenue generated in America or sales in America for Financial Transactions.
3) 1% taxes on the Gross amount of all Financial Transactions even if cancelled.
4) Removal of all special deductions.
Let the fuckers leave. Go live in one of those lovely hellholes whose people your enterprises exploit. I'm sure you'll be welcomed with open arms.
Ha. As if these greedy fat baby-assed tubs of pus are going to leave.
I'm sure you speak the truth. You wouldn't just say any old thing to get peoples' attention now, would you?
Hear back from your guys in Hawaii yet?
me-oww!
The headline makes it seem as if Trump is in favor of raising taxes on the wealthy, when clearly he's not. All he's doing is playing the *It's them, not me* game, which is the same thing Michael Bloomberg did the other day when he was asked about raising taxes.
Trump..."I think when explained to the tea party"
Nice admission that the teabaggers, your base, are fucking stupid.
Though true. It might lose you some support, Donald.
Like I'm really going to believe anything this vampire says. He wants to be taxed more, sure, sure. That and $5.50 will get you a fucking cup of coffee.
Go crawl back into your gold-lined marble-floored hole, you leech.
There's always free cheddar in the mousetrap, baby. - Tom Waits
They can then become victims of U.S. foreign policy instead of beneficiaries.....
Flip? Meet Flop.
As attention whores go this clown is more desperate than Palin !
"The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all."
in 5,4,3,2,.....
Chump. go suck a lemon, sour puss.
"Government by organized money is just as dangerous as Government by organized mob"
-= Franklin Delano Roosevelt =-
Is this a trend? The more billionaires and millionaires publicly say they want to pay their fair share, the more pressure is put on the greedy bastards trying to avoid paying their fair share. If only the newbie millionaire president could renege on the Bush wealthy tax cuts.
Where is this exodus going to be to? India? Costa Rica? Ireland? All the countries like the US that would keep the wealthy comfortable are counties that tax. The rich can leave but I don't think they will because they like strong communities, good arts, conveniences, educated workforce. I'm really tired of listening too the argument because it's just not true. ,
Jeanne
This bs reminds me of the freeloading inlaw that says they aren't going to come to Thanksgiving dinner unless you make their favorite potatoes. They'll be the first ones there, and the last to leave - as long as there is any food left.
If I were a psychopath, I would join the republican party, and get in on the gravy train taking the Teabircher morons to the cleaners.
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