Warren Buffett on Taxes (Oh, this is gonna be great!)

Discussion in 'Politics' started by CrusaderFrank, Aug 22, 2011.

  1. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    81,244
    Thanks Received:
    14,915
    Trophy Points:
    2,210
    Ratings:
    +37,027
    Know how Buffett is constantly crying about he's not taxed enough? Well not only has he moved almost all his wealth out of the reach of the government but he tried to wrangle a sweetheart deal on Tax Credits with Goldman Sachs.

    LOL!

    "Warren Buffett's Berkshire Hathaway Inc. has joined Goldman Sachs Group Inc. in the investment bank's bid to buy $3 billion in tax credits from government-owned mortgage giant Fannie Mae, according to people familiar with the matter"

    Buffett Joins Goldman in Bid for Fannie Mae Tax Credits - WSJ.com

    :doubt:

    :doubt:

    :eusa_eh:

    :eusa_eh:

    :lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol:
    :lol::lol::lol::lol::lol::lol::lol::lol::lol:
    :lol::lol::lol::lol::lol::lol:

    :lol::lol:
    :lol:
    :lol::lol::lol:
    :lol:
    :lol::lol:
     
  2. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    Is this really so hard for you to figure out?


    The man plays the game by the rules as they exist at the moment.

    Given that he is a CEO and responsible to his stockholders, he is doing exactly what he is obligated to do.

    His point, Cru is that the rules (in this case the tax structure) need to be rethought

    He's right about that, of course.

    Still, he does the right thing by taking advantage of every possible tax dodge he can find.

    THAT is his fudiciary responsibility, too.

    See how that works, or are you still flummoxed by Buffet's apparent inconsistency?
     
  3. Sherry
    Offline

    Sherry You're not the boss of me Supporting Member

    Joined:
    Mar 28, 2009
    Messages:
    21,494
    Thanks Received:
    8,797
    Trophy Points:
    960
    Location:
    some beach
    Ratings:
    +11,084
    Oh, so it's the old "devil made me do it" defense.:lol:
     
  4. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    81,244
    Thanks Received:
    14,915
    Trophy Points:
    2,210
    Ratings:
    +37,027
    I forgot about this, its from 2009, but seriously WTF is Buffett thinking with his "Taxes for thee, but not for me" please?
     
  5. Claudette
    Online

    Claudette Gold Member

    Joined:
    Nov 3, 2009
    Messages:
    19,670
    Thanks Received:
    3,025
    Trophy Points:
    280
    Ratings:
    +7,704
    Was watching some Sunday talk show a couple of weeks ago and Buffet was one of the topics they were discussing. Thats pretty much what they said. Most of his money is untouchable. He's only taxed on a part of it.

    He is always welcome to write a check to the Govt though. You and I know they would take it in a New York minute.
     
    • Thank You! Thank You! x 1
  6. The Infidel
    Offline

    The Infidel EVIL CONSERVATIVE

    Joined:
    May 19, 2010
    Messages:
    17,252
    Thanks Received:
    3,170
    Trophy Points:
    48
    Location:
    AMERITOPIA
    Ratings:
    +3,173
    He will get my attention when he whips out that old checkbook and writes a check to the IRS for what he believes HE should be taxed... in the mean time, he needs to STFU.
     
  7. martybegan
    Offline

    martybegan Gold Member

    Joined:
    Apr 5, 2010
    Messages:
    29,427
    Thanks Received:
    4,008
    Trophy Points:
    290
    Ratings:
    +10,997
    So I assume that the same rules apply to politicians that opposed the stimulus package, but took funds from it once it was passed?
     
  8. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Why, of course not!

    Those guys are a bunch of two-faced, double-dealing, mealy-mouthed, teabagging hypocrites! :rolleyes:
     
  9. Ame®icano
    Offline

    Ame®icano Gold Member

    Joined:
    Jul 8, 2008
    Messages:
    9,816
    Thanks Received:
    1,624
    Trophy Points:
    245
    Location:
    Michigan
    Ratings:
    +4,250
    If Buffett is, as you said, responsible to his stockholders, then he should shut up about paying more taxes. In your words: that's exactly what he's obligated to do.
     
  10. DaGoose
    Offline

    DaGoose Gold Member

    Joined:
    Nov 16, 2010
    Messages:
    4,347
    Thanks Received:
    655
    Trophy Points:
    153
    Location:
    Illinois
    Ratings:
    +676
    Uhhhh......he's only obligated to follow the law. And as an american citizen he has a right to speak out against the laws that hurt this nation.

    .
     

Share This Page