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

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

  1. CrusaderFrank
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    CrusaderFrank Diamond Member

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    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
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    editec Mr. Forgot-it-All

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    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
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    Sherry You're not the boss of me Supporting Member

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    Oh, so it's the old "devil made me do it" defense.:lol:
     
  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    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
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    Claudette Gold Member

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    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.
     
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  6. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    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
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    martybegan Platinum Member

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    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
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    Oddball BANNED Supporting Member

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    Why, of course not!

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

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    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
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    DaGoose Gold Member

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    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.

    .
     

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