This just blatantly reveals our governments and business leader’s hypocrisy!
Why he walked off set earlier today.
The 4 million dollar tax hypocrite.
Tax avoidance by CEOs who give glorious political speeches on why higher taxes are good for everyone, and then operate by a different set of rules when no one is watching.
When President Obama needed a business executive to come to his campaign defense, Jim Sinegal was there. The Costco co-founder, director and former CEO even made a prime-time speech at the Democratic Party convention in Charlotte. So what a surprise this week to see that Mr. Sinegal and the rest of the Costco board voted to give themselves a special dividend to avoid Mr. Obama’s looming tax increase. Is this what the President means by “tax fairness”?
Sinegal’s DNC speech (Sep. 6, 2012):
Costco Co-Founder Jim Sinegal addresses the 2012 Democratic National Convention.