Why does Warren Buffet want higher taxes?

Discussion in 'Economy' started by Quantum Windbag, Aug 15, 2011.

  1. Quantum Windbag
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    Quantum Windbag Gold Member

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    The Left has been making a lot of noise about Buffets call for higher taxes, and some of the less informed people here have been arguing about it for a couple of days in this thread.

    http://www.usmessageboard.com/politics/180530-warren-buffett-stop-coddling-the-super-rich.html

    Here are a couple of interesting facts for everyone who holds Buffet up as a hero for being willing to pay more in taxes.

    Warren Buffett continuing to profit from his investment in the bailout. Why is this okay? | Timothy P. Carney | Beltway Confidential | Washington Examiner

    Is it any surprise that a man who makes money off of the government tax policy wants the government to charge higher taxes?
     
  2. Toro
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    Toro Diamond Member

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    Read this. It is a much better explanation by someone who knows something about Buffett as opposed to some political columnist.
     
  3. Steelplate
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    Steelplate Bluesman

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    Well... not to blow holes in your argument, but...

    the Wall Street Bailout was a one-time deal. You would think he would have taken the money, run and STFU about it. I mean, after all... if he did benefit from it, why wouldn't he stay quiet and wait for the next inevitable meltdown? I'm not saying that he didn't benefit... just saying that if he did, it's obviously not the reason for saying what he did.
     
  4. kaz
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    kaz Diamond Member

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    So do you think if we stop "coddling the super rich" then a good place to start would be people who didn't earn it other then on the backs of the people directly?

    I speak of course of politicians, particularly Obama and the Clintons who earned nothing other then as politicians. Can you think of any more justified plunder then plundering the plunderers?
     
  5. Auxous
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    Auxous BANNED

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    Buffet a hero? The man is a slime ball who disowned his own granddaughter for speaking out about income inequality.
     
  6. theDoctorisIn
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    theDoctorisIn Senior Mod Staff Member Senior USMB Moderator

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    Actually, he "disowned" her because she wasn't his granddaughter - she's his step-granddaughter from his son's marriage that ended 20 years ago, and hasn't been part of the family since - and she publicly complained that he didn't give her enough money.
     
  7. ClosedCaption
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    ClosedCaption Diamond Member

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    Wow if you hate Buffet for profiting off of the bailout, show me where you were just a rantin anda raving about the CEO's of AIG, Lehman and other financial institutions who drove their companies into the ground and still got millions in Bonus' and stock options.

    Of course you didnt...your op is phoney. This outrage sounds about a genuine as Pale Rider coming to the defense of Herman Cain against racism lol
     
  8. kaz
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    kaz Diamond Member

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    Well, that explains the taxes he thinks he should pay but doesn't because he's too dickless to live by his own ideology
     
  9. del
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    del BANNED

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    yeah, everybody's lining up to pay taxes they don't owe, fuckwit.
     
  10. theDoctorisIn
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    theDoctorisIn Senior Mod Staff Member Senior USMB Moderator

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    Eh? Warren Buffett made the largest donation to charity in history a few years ago (30 Billion dollars).

    What part of his "ideology" does he not live by?
     

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