Policy

Current TV Deal May Have Been Rushed To Avoid Higher 2013 Taxes

Big government for thee, but not for me

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Al Gore may not have to worry about global warming destroying the earth after all. As it turns out, his massive hypocrisy may destroy the universe before global warming can fully kick in.

Gore, an ardent proponent of raising taxes, just sold Current TV, his highly unsuccessful TV network that lost hundreds of millions of dollars, to Al Jazeera – a fitting end for a network that features terrorist-friendly programming. Gore was in a rush to finish the deal, which netted him $100 million as owner of 20 percent of Current TV.

Why the rush? Because Gore and his partners wanted to avoid the higher tax rates that kicked in on January 1, 2013.