Warren endorses government theft
http://www.nytimes.com/2011/08/15/opinion/stop-cod...
Apparently Warren thinks the government will spend his money better than he can. He keeps mentioning this shared sacrifice thing, but I fail to see any sharing since over half this country shoulders no burden.
The government does not have a right to your earnings. We, the people, give it the funds to function. The government doesn't kindly let us keep our money, it should grovel and prostrate itself in homage to the tax payer.
I am glad I didn't read this bullshit before I met him. Made me lose all respect I have for the man.






That pinko commie bastard.
That pinko commie bastard.
Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
The one big secret about
The one big secret about Warren Buffet is the fact that ever since he started "investing" he has hitched his wagon to the government. Just look at most of the business's he owns in his portfolio, a lot of them have some sort of subsidy or mandate from the government.
Ahem Geico..... forced car insurance mandates from the government.
Think about it.
The one who does not fall, does not stand up
Seriously, since when do the
Seriously, since when do the super wealthy have to pay taxes? That's sooooo middle class. For fuck's sake, the problem is too much spending, not lack of funds!
YOU JUST GOT TROLLED
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Warren has done little more
Warren has done little more than talk his own book for two decades.
And I always find it comical when he mentions that "the rich" should pay higher taxes. We would never put someone making 41k in the same tax bracket as someone making 410k. But we seem to have no problem putting the 410k guy in the same bracket with the 410MM guy. Create 2 more higher brackets so Warren can feel better about himself.
For how much I love the guy,
For how much I love the guy, I really hate his politics
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A new capital gains tax rate
A new capital gains tax rate for Buffet should be created.
ProvincialPeasant wrote: A
A new capital gains tax rate for Buffet should be created.
Someone might be able to make that a successful campaign platform.
I'm pretty sure he was one of
I'm pretty sure he was one of the biggest beneficiaries of TARP. Don't quote me on that though.
I can never tire of saying
I can never tire of saying this: socialism is the GREATEST WEALTH HEDGE known to man.
For those worth a ton of money, giving it away and encouraging a centralization of fiscal policy is the absolute top method of excluding the young, ambitious and capable of overtaking them at society's peak. This is precisely why, so many of very wealthy lean so far to the left whether we are talking about the ultra-old money attitude of FDR, or the jolly old wealth spreads of Soros and Buffet they all have a common goal.
The continuation of the war on ideas and abilities, vis-a-vis the class warfare apparatus.
For those who have 45 minutes this may be the best and simplest explanation of who they are and why they so easily and readily find allies among the stupid and petty.
Where I unload on Twits and take verbal S***s
"Last year my federal tax
"Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income — and that’s actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent."
I think that's the point Buffett was trying to make. It's not that taxes should just be higher because the government can do it better than he can, it's that the rich shouldn't be paying such a lower effective rate relative to the other 98% of society. I agree with him on that.
GEICO Government Employees
GEICO
Government Employees Insurance Company..
redninja wrote: "Last year my
"Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income — and that’s actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent."
I think that's the point Buffett was trying to make. It's not that taxes should just be higher because the government can do it better than he can, it's that the rich shouldn't be paying such a lower effective rate relative to the other 98% of society. I agree with him on that.
Agree. There are too many conservatives that scream SOCIALIST, COMMUNIST, AHHHHH!!!! whenever taxes come up. Why SHOULD a guy who makes $10MM a year pay at the 18% bracket and I pay at 33%?
Until I see someone stand up for the rest of us getting out taxes lowered, I see no reason to side with the big guy at the top of the heap. Taxing him more will not stop me from moving up in the world. ANT, you don't make $1MM+ a year and likely won't anytime soon, why do you think this is so unfair.....the difference falls on your shoulders and mine.
YOU JUST GOT TROLLED
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We need total tax reform.
We need total tax reform. Lower tax rates, a couple more brackets for upper income earners and close all loopholes.
People like Buffet make me sick when they say this. That fuck can pay more taxes if he wants or he can contribute more to the governement debt if he wants. Talk is Cheap Warren...
txjustin wrote: We need total
We need total tax reform. Lower tax rates, a couple more brackets for upper income earners and close all loopholes.
People like Buffet make me sick when they say this. That fuck can pay more taxes if he wants or he can contribute more to the governement debt if he wants. Talk is Cheap Warren...
Hah! "Buffet cuts huge ass check to gov't" .....yeah right.
YOU JUST GOT TROLLED
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txjustin wrote: We need total
We need total tax reform. Lower tax rates, a couple more brackets for upper income earners and close all loopholes.
People like Buffet make me sick when they say this. That fuck can pay more taxes if he wants or he can contribute more to the governement debt if he wants. Talk is Cheap Warren...
That's a bullshit argument, and you know it. By that logic, why don't we just do away with all mandatory taxes, and shut down all government that people don't want to pay for. No more police, no more fire-fighters, no more judges, no more hospitals, no more research grants, no more public education of any kind, no more prisons, no more immigration to protect our borders, no more FBI, no more federal reserve, no more CIA, no more nukes, no more FDIC to protect us from bank runs, no more USDA to certify your food isn't poisonous, no more army, navy, marines or air-force to protect us from other countries - and that's just off the top of my head.
It's easy to forget sometimes, but the government is NECESSARY. And it only works if EVERYONE pays for it in an EQUITABLE way. Our society cannot function with a volunteer government that gets paid with charity money. What Buffett has a problem with is that the mega-rich only pay 15% in taxes, while the middle class pays closer to 40%. That's not fair and we collectively suffer as a result.
By the way, Buffet DOES pay more taxes to society - he's donated more money to the Bill & Melinda Gates Foundation than anyone who reads this will make in their lifetimes. So STFU.
Buffet pays 15% in taxes
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ANT wrote: Buffet pays 15% in
This is the same guy who
looking for that pick-me-up to power through an all-nighter?
We all pay taxes. If Buffet
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redninja wrote: txjustin
ANT wrote: Equitable? Well
30-40% for everyone? Please
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50% is criminal to the
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ANT wrote: Yes, governments
Warren can say whatever he
People like Coldplay and voted for the Nazis, you can't trust people Jeremy
Sort of reminds me of
redninja wrote: ANT wrote:
redninja wrote: ANT
How many of you guys are
That's not the point jetset.
That's because we PAID for
Are you fucking retarded?
Very mature, Justin. No, I
Social Security is a current
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"When your raise the
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People who bitch about
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alexpasch wrote: America
You mean the legal Italian
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Red, I was just fuxing with
Couple links on Warren's tax
People like Coldplay and voted for the Nazis, you can't trust people Jeremy
ANT wrote: "When your raise
So economics is your god and
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txjustin wrote: Red, I was
ANT wrote: So economics is
Just send them to Guantanamo
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redninja wrote: txjustin
ANT wrote: So economics is
Check out my WSO Blog
What fucking straw man bro?
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http://en.wikipedia.org/wiki/
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It's bad for the genetic