Oh My...This IS Awkward - The Buffet Rule - The Prequel.

[Seawytch]

Oh my, my, my...what is a conservative to do? Turns out that Saint Ronald supported the Buffet rule.

The Buffett Rule - The Prequel - YouTube

 

[Stephanie]

Can you people live in the Here and Now?

I've never seen people cheer for having OTHERS taxes raised...

what a sick country we have become

 

[SniperFire]

WASHINGTON (AP) — A bill designed to enact President Barack Obama’s plan for a “Buffett rule” tax on the wealthy would rake in just $31 billion over the next 11 years, according to an estimate by Congress’ official tax analysts obtained by The Associated Press.

That figure would be a drop in the bucket of the over $7 trillion in federal budget deficits projected during that period. It is also miniscule compared to the many hundreds of billions it would cost to repeal the alternative minimum tax, which Obama’s budget last month said he would replace with the Buffett rule tax.

http://www.cbsnews.com/8301-250_162-57401005/buffett-rule-would-garner-$31-billion-in-taxes/



For math-challenged LIbtards, that amounts to three days of government spending over 11 years.

Yes, this thread is spam.

 

[Seawytch]

The Sainted Ronald Reagan supported the Buffet Rule. What WILL the tea baggers do?

 

[Stephanie]

The Sainted Ronald Reagan supported the Buffet Rule. What WILL the tea baggers do?

You're becoming a joke

 

[SniperFire]

The Sainted Ronald Reagan supported the Buffet Rule. What WILL the tea baggers do?

You're becoming a joke

He starts a thread and then ignores the proven point that the 'Buffet Rule' is virtually meaningless.

LOL

 

[Stephanie]

The Sainted Ronald Reagan supported the Buffet Rule. What WILL the tea baggers do?

You're becoming a joke

He starts a thread and then ignores the proven point that the 'Buffet Rule' is virtually meaningless.

LOL

Liberals are out of ideas...and there isn't a TAX that they don't love to impose on the American citizens of this country to keep this bloated Government alive.

 

[mudwhistle]

Oh my, my, my...what is a conservative to do? Turns out that Saint Ronald supported the Buffet rule.

The Buffett Rule - The Prequel - YouTube

If would be nice for you if it actually applied to Warren Buffet. Problem is Reagan was talking about somebody that makes over $100k, not millions and billions.

I can't exactly say how the guy did it but my guess is by incorporating his business and paying himself a small salary out of that business he's able to shelter most of his income.....but if you compare the actual amount that each pays, he pays a smaller percentage in federal taxes but still a higher amount than someone who makes $20k. In Buffet's case a much higher amount......that is if he ever paid his taxes. Currently he is being sued by the government for not paying his taxes.


Maybe Buffet cut a deal with Obama to forgive the millions he owes in taxes. Maybe that is why he decided to make a fool of himself and start showcasing Obama's class-warfare campaign.

Currently if you're self-employed half of your income is gone to the government. Nobody could stay in business having to pay half of their income in federal taxes. Then the state gets their cut and pretty soon you don't have dick. That is why people incorporate. The IRS regs are too draconian for anyone to stay in business if they don't take advantage of deductions that are in the tax-code.

But that,, according to you, is EVIL!!!!!! And listening to Obama lie about it is just icing on the cake.

 

[8537]

WASHINGTON (AP) — A bill designed to enact President Barack Obama’s plan for a “Buffett rule” tax on the wealthy would rake in just $31 billion over the next 11 years, according to an estimate by Congress’ official tax analysts obtained by The Associated Press.

That figure would be a drop in the bucket of the over $7 trillion in federal budget deficits projected during that period. It is also miniscule compared to the many hundreds of billions it would cost to repeal the alternative minimum tax, which Obama’s budget last month said he would replace with the Buffett rule tax.

http://www.cbsnews.com/8301-250_162-57401005/buffett-rule-would-garner-$31-billion-in-taxes/



For math-challenged LIbtards, that amounts to three days of government spending over 11 years.

Yes, this thread is spam.

lemme guess: You think TANF payments need to be abolished to help balance the budget.

amiright?

 

[CrusaderFrank]

Berkshire Hathaway used stock for acquisitions so the seller could avoid or delay paying capital gains tax and Warren put all his wealth into a non-taxable trust so clearly, Buffet never supported the Buffet Rule

 

[editec]

Today's so called conservatives have turned St. Ronnie into a myth that conforms to their cherished dream to foist all tax burdens onto the working class.

Reagan wouldn't support much of what today's Randians so desire.

Reagan clearly understood that taxation was a necessary evil.

After all the man proposed AND GOT the largest single tax increase in US history.

 

[SniperFire]

WASHINGTON (AP) — A bill designed to enact President Barack Obama’s plan for a “Buffett rule” tax on the wealthy would rake in just $31 billion over the next 11 years, according to an estimate by Congress’ official tax analysts obtained by The Associated Press.

That figure would be a drop in the bucket of the over $7 trillion in federal budget deficits projected during that period. It is also miniscule compared to the many hundreds of billions it would cost to repeal the alternative minimum tax, which Obama’s budget last month said he would replace with the Buffett rule tax.

http://www.cbsnews.com/8301-250_162-57401005/buffett-rule-would-garner-$31-billion-in-taxes/



For math-challenged LIbtards, that amounts to three days of government spending over 11 years.

Yes, this thread is spam.

lemme guess: You think TANF payments need to be abolished to help balance the budget.

amiright?

Try to stay focused on the topic, Libtard.

 

[Valerie]

WASHINGTON (AP) — A bill designed to enact President Barack Obama’s plan for a “Buffett rule” tax on the wealthy would rake in just $31 billion over the next 11 years, according to an estimate by Congress’ official tax analysts obtained by The Associated Press.

That figure would be a drop in the bucket of the over $7 trillion in federal budget deficits projected during that period. It is also miniscule compared to the many hundreds of billions it would cost to repeal the alternative minimum tax, which Obama’s budget last month said he would replace with the Buffett rule tax.

http://www.cbsnews.com/8301-250_162-57401005/buffett-rule-would-garner-$31-billion-in-taxes/



For math-challenged LIbtards, that amounts to three days of government spending over 11 years.

Yes, this thread is spam.

Please, don't confuse them, they tend to get too emotional!



This bill is nothing but a timely campaign gimmick with a catchy name, created via short attention span theater and designed to fan the flames of class warfare. Sad, the dembots big plan is to get voters to resent Mitt Romney...

 

[mudwhistle]

Let's talk about millionaires not paying their fair share, shall we???

John Bonjovi and Bruce Springsteen to name a couple

MYFOXNY.COM - Bon Jovi and Bruce Springsteen have been making hit music for years and its no surprise that they've earned enough money to buy big mansions with acres of property, but what might surprise you is the huge tax breaks they, and others, are getting.

It turns out, as far as New Jersey tax collectors are concerned, that they are farmers.

Almost a million acres in New Jersey are certified as farmland. Owners who own at least five acres, practice some kind of agriculture, or manage the trees on their property and sell $500 worth of goods a year qualify for a significant tax break.

They do have to pay the full taxes on their homes, and non-farm property.

Through a trust, Bruce Springsteen owns more than 200 acres in Colts Neck. the taxes for his house and three acres are more than $138,000. But because of the farm tax break, the tax bill on a little more than 200 additional acres is less than $5,000. Town officials say he has horses and an organic farmer working some of the land. A lawyer for the trust had no comment.

In another part of Monmouth County, Bon Jovi has an estate on the Navesink River. Taxes on the mansion and some property add up to $295,68 but his tax bill on an additional 6.85 aces is $104 because he raises honeybees.

A spokesman for Bon Jovi issued a statement saying, "Jon is scrupulous about paying his fair share of taxes. The exemption for raising honey bees existed long before he purchased that land, and he continues to employ a beekeeper and raise honeybees..."

Farm Tax Breaks for N.J. Celebrities

Small wonder these folks support Obama. Whatever happened to "Tax me more Mr President......please".

 

[8537]

WASHINGTON (AP) — A bill designed to enact President Barack Obama’s plan for a “Buffett rule” tax on the wealthy would rake in just $31 billion over the next 11 years, according to an estimate by Congress’ official tax analysts obtained by The Associated Press.

That figure would be a drop in the bucket of the over $7 trillion in federal budget deficits projected during that period. It is also miniscule compared to the many hundreds of billions it would cost to repeal the alternative minimum tax, which Obama’s budget last month said he would replace with the Buffett rule tax.

http://www.cbsnews.com/8301-250_162-57401005/buffett-rule-would-garner-$31-billion-in-taxes/



For math-challenged LIbtards, that amounts to three days of government spending over 11 years.

Yes, this thread is spam.

lemme guess: You think TANF payments need to be abolished to help balance the budget.

amiright?

Try to stay focused on the topic, Libtard.

Lemme guess: You think we should balance the budget by ending supplemental nutrition programs for kids.

amiright?

 

[SniperFire]

Reagan clearly understood that taxation was a necessary evil.

Strawman, much?

 

[8537]

Let's talk about millionaires not paying their fair share, shall we???

John Bonjovi and Bruce Springsteen to name a couple

MYFOXNY.COM - Bon Jovi and Bruce Springsteen have been making hit music for years and its no surprise that they've earned enough money to buy big mansions with acres of property, but what might surprise you is the huge tax breaks they, and others, are getting.

It turns out, as far as New Jersey tax collectors are concerned, that they are farmers.

Almost a million acres in New Jersey are certified as farmland. Owners who own at least five acres, practice some kind of agriculture, or manage the trees on their property and sell $500 worth of goods a year qualify for a significant tax break.

They do have to pay the full taxes on their homes, and non-farm property.

Through a trust, Bruce Springsteen owns more than 200 acres in Colts Neck. the taxes for his house and three acres are more than $138,000. But because of the farm tax break, the tax bill on a little more than 200 additional acres is less than $5,000. Town officials say he has horses and an organic farmer working some of the land. A lawyer for the trust had no comment.

In another part of Monmouth County, Bon Jovi has an estate on the Navesink River. Taxes on the mansion and some property add up to $295,68 but his tax bill on an additional 6.85 aces is $104 because he raises honeybees.

A spokesman for Bon Jovi issued a statement saying, "Jon is scrupulous about paying his fair share of taxes. The exemption for raising honey bees existed long before he purchased that land, and he continues to employ a beekeeper and raise honeybees..."

Farm Tax Breaks for N.J. Celebrities

Small wonder these folks support Obama. Whatever happened to "Tax me more Mr President......please".

Maybe New Jersey needs to change its law regarding taxing farms. You'd support that, right?

 

[SniperFire]

WASHINGTON (AP) — A bill designed to enact President Barack Obama’s plan for a “Buffett rule” tax on the wealthy would rake in just $31 billion over the next 11 years, according to an estimate by Congress’ official tax analysts obtained by The Associated Press.

That figure would be a drop in the bucket of the over $7 trillion in federal budget deficits projected during that period. It is also miniscule compared to the many hundreds of billions it would cost to repeal the alternative minimum tax, which Obama’s budget last month said he would replace with the Buffett rule tax.

http://www.cbsnews.com/8301-250_162-57401005/buffett-rule-would-garner-$31-billion-in-taxes/



For math-challenged LIbtards, that amounts to three days of government spending over 11 years.

Yes, this thread is spam.

Please, don't confuse them, they tend to get too emotional!



This bill is nothing but a timely campaign gimmick with a catchy name, created via short attention span theater and designed to fan the flames of class warfare. Sad, the dembots big plan is to get voters to resent Mitt Romney...

The one moron is already crying about children starving if this 3 days worth of spending over 11 years is not realized.


LOL

 

[Stephanie]

lemme guess: You think TANF payments need to be abolished to help balance the budget.

amiright?

Try to stay focused on the topic, Libtard.

Lemme guess: You think we should balance the budget by ending supplemental nutrition programs for kids.

amiright?

well no, but we do expect you people to pull the monies out of your ass to continue TO PAY FOR IT. you can only drain so much monies off the working people backs

 

[8537]

Try to stay focused on the topic, Libtard.

Lemme guess: You think we should balance the budget by ending supplemental nutrition programs for kids.

amiright?

well no, but we do expect you people to pull the monies out of your ass to continue TO PAY FOR IT. you can only drain so much monies off the working people backs

Well, if 31 Billion is "spam" and meaningless, than the money we spend on TANF and SNAP are a minute portion of a minute portion of meaningless - but some cons can't wait to balance the budget by cutting them.