- Mar 19, 2007
One of the biggest proponets of the rich paying higher taxes did everything he could to get his precious sale of Current TV done before the higher tax rate kicked in.
He's all for the rich paying more untill it has to come out of his wallet. If that doesn't bug ya then why he sold it to who he did might. Al-Jazeera has a long running anti-American image run by the big oil Government of Qatar. An evironmentalist sells his baby to big oil?A source close to negotiations also told The New York Times that the deal was probably worth around $500 million, meaning a $100 million pay-day for Gore, who was reportedly eager to complete the deal by Dec. 31 in order to avoid higher tax rates that took effect on Jan. 1.
Unfortunately for Gore, the deal wasnt signed until Wednesday, however.
http://www.theblaze.com/stories/report-al-jazeera-set-to-take-over-al-gores-current-tv/An executive for TheBlaze confirmed these details on Thursday, noting that the decision not to sell to Becks network came only hours after executives reached out to a Current representative to discuss the matter. As reported by the Wall Street Journal, Hyatt said that the decision to go with the Middle Easter outlet came, in part, because, al-Jazeera was founded with the same goals we had for Current.