Buffett calls for more taxes on 'mega-rich'

Discussion in 'Politics' started by appleannie1, Aug 16, 2011.

  1. appleannie1
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    Buffett noted Monday that the mega-rich pay income taxes at a rate of 15 percent on most investment income but practically nothing in payroll taxes. The middle class, meanwhile, typically falls into the 15 percent and 25 percent income tax brackets and is hit with heavy payroll taxes. He said Washington legislators "feel compelled to protect us, much as if we were spotted owls or some other endangered species."

    Buffett said he knows many of the mega-rich well, and most wouldn't mind paying more in taxes, especially when so many fellow citizens are suffering. He also said he has yet to see anyone shy away from investments because of tax rates on potential gains, even when rates were much higher in the mid-1970s, 1980s and 1990s.

    Buffett calls for more taxes on 'mega-rich' - Omaha.com
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    Ferchrissakes, it's like friggin' Groundhog Day! :cuckoo:
     
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  3. Two Thumbs
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    This is what I don't get.

    If he's got enough cash to beg to get him and his buddies taxed more.

    Why doesn't he hire more people?
    Give bonuses or raises to the people he has?

    Let them have jobs and pay taxes.

    If he doesn't "need" employees, have him call Jack Black about his personal ball washer.
     
  4. Two Thumbs
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    4th or 5th thread about the same thing.
     
  5. Full-Auto
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  6. Oddball
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    Not only that, but people like his secretary (the most worn-out example on Earf) are paid in salary, fringies and bonuses, while Punxutawney Warren makes his money off of cap gains.

    Here's something that the liberoidals might wrap their heads around....Maybe people who work for wages and salaries are taxed too much?
     
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  7. Two Thumbs
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    The slamming sound you heard were liberal brains shutting and locking that out.
     
  8. Patrick2
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    Patrick2 Senior Member

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    Buffet should send all his money to the US treasury, where it will be spent in 5 minutes and 13 seconds, and then shut his mouth.
     
  9. Too Tall
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    Too Tall Senior Member

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    Buffet is merely shilling for Obama.

    If he was serious he would write a check on April 15 for 2 or 3 BILLION dollars. He wouldn't even miss it and while he was at it, he could talk "many of his mega-rich" pals into doing the same thing.

    There is no law saying the IRS can't accept an overpayment of taxes.
     
  10. Papageorgio
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    Papageorgio The Ultimate Winner

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    All he and his buddies have to do is just mark on their income tax return and put down how much more they would like to contribute. Then write a check, I don't understand what is stopping them from doing just that. They could donate 90% of their income and be really really happy.
     

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