Billionaires calling for higher taxes on.................billionaires

[Tommy Tainant]

Trump taxes: A 'fundamentally unfair' system?

What do Donald Trump's tiny tax bills say about the taxes of the wealthy?

www.bbc.co.uk

But since Patriotic Millionaires was founded in 2010, its general aims have won some high-profile endorsements, including from investor Warren Buffett, who called for raising taxes on the rich in 2016, famously noting that his 16% federal income tax rate was lower than his secretary's.

Mr Pearl, whose recent tax payments of nearly $100,000 were still far higher than Mr Trump's, says he's hopeful that outrage over stories like Mr Trump's will force the pendulum of tax policy to start swinging in the other direction.

"It was kind of very abstract before but I think... people are realising that most people are paying a much higher share than some of our wealthiest citizens," he says. "A lot of people have decided that's not fair."

Interesting article about taxation, if there could be such a thing. I think that politicians give tax breaks with the best of intentions in the main. Then the accountants get hold of it and see what the angles are for their rich clients.

In the UK there was a famous scheme called the Enterprise Investment Scheme (EIS) which was supposed to encourage Hi Tech start ups. You could get tax breaks if you invested in them. However it was loosely worded and ended up encouraging investment into all manner of crazy schemes. I remember being sent a prospectus for lap dancing clubs.

It isnt right that Mr Buffets cleaner should be taxed at a higher level than his cleaner. I wonder if any of my friends on here would care to make a case for a system that supports this anomaly ?

 

[Compost]

It's called Virtue Signaling. You know, bullshit.

 

[Penelope]

I think they should close all tax loopholes.

 

[hadit]

The thread is not particularly about Buffet, or Trump.

If billionaires want to pay more taxes, all they have to do is refuse some deductions. Until they do that, they're not very credible.

 

[Tommy Tainant]

The thread is not particularly about Buffet, or Trump.

If billionaires want to pay more taxes, all they have to do is refuse some deductions. Until they do that, they're not very credible.

That doesnt seem to be happening. The government should close the loopholes.

 

[Blues Man]

The thread is not particularly about Buffet, or Trump.

The same applies to all these people who whine about not paying enough taxes.

Every single one of them could pay far more taxes by simply raising their salaries

 

[Penelope]

The thread is not particularly about Buffet, or Trump.

The same applies to all these people who whine about not paying enough taxes.

Every single one of them could pay far more taxes by simply raising their salaries

So they close all loopholes and arrest those not paying the taxes.

 

[Blues Man]

The thread is not particularly about Buffet, or Trump.

The same applies to all these people who whine about not paying enough taxes.

Every single one of them could pay far more taxes by simply raising their salaries

So they close all loopholes and arrest those not paying the taxes.

What loopholes?

 

[hadit]

The thread is not particularly about Buffet, or Trump.

If billionaires want to pay more taxes, all they have to do is refuse some deductions. Until they do that, they're not very credible.

That doesnt seem to be happening. The government should close the loopholes.

Then the billionaires claiming they want to pay more taxes are blowing smoke. The bottom line remains, they don't want to. IOW, they're lying.

 

[gipper]

The fact that billionaires exist, is proof we live in a failed state.

 

[Polishprince]

Trump taxes: A 'fundamentally unfair' system?

What do Donald Trump's tiny tax bills say about the taxes of the wealthy?

www.bbc.co.uk

But since Patriotic Millionaires was founded in 2010, its general aims have won some high-profile endorsements, including from investor Warren Buffett, who called for raising taxes on the rich in 2016, famously noting that his 16% federal income tax rate was lower than his secretary's.

Mr Pearl, whose recent tax payments of nearly $100,000 were still far higher than Mr Trump's, says he's hopeful that outrage over stories like Mr Trump's will force the pendulum of tax policy to start swinging in the other direction.

"It was kind of very abstract before but I think... people are realising that most people are paying a much higher share than some of our wealthiest citizens," he says. "A lot of people have decided that's not fair."

Interesting article about taxation, if there could be such a thing. I think that politicians give tax breaks with the best of intentions in the main. Then the accountants get hold of it and see what the angles are for their rich clients.

In the UK there was a famous scheme called the Enterprise Investment Scheme (EIS) which was supposed to encourage Hi Tech start ups. You could get tax breaks if you invested in them. However it was loosely worded and ended up encouraging investment into all manner of crazy schemes. I remember being sent a prospectus for lap dancing clubs.

It isnt right that Mr Buffets cleaner should be taxed at a higher level than his cleaner. I wonder if any of my friends on here would care to make a case for a system that supports this anomaly ?

If Mr. Buffett doesn't think he is paying enough, he ought to just cut a check to the US Treasury.

Unless, and until he does that, I see his rant as just Bull Shit.

 

[hadit]

The thread is not particularly about Buffet, or Trump.

The same applies to all these people who whine about not paying enough taxes.

Every single one of them could pay far more taxes by simply raising their salaries

And taking more standard income instead of capital gains, and not taking legal deductions, and not using company resources for private use, etc, etc.

 

[gipper]

The fact that billionaires exist, is proof we live in a failed state.

The great Jimmy Dore agrees with me...or I agree with him.

 

[MisterBeale]

What about the self-employed that has buoyed the economy?

 

[2aguy]

Trump taxes: A 'fundamentally unfair' system?

What do Donald Trump's tiny tax bills say about the taxes of the wealthy?

www.bbc.co.uk

But since Patriotic Millionaires was founded in 2010, its general aims have won some high-profile endorsements, including from investor Warren Buffett, who called for raising taxes on the rich in 2016, famously noting that his 16% federal income tax rate was lower than his secretary's.

Mr Pearl, whose recent tax payments of nearly $100,000 were still far higher than Mr Trump's, says he's hopeful that outrage over stories like Mr Trump's will force the pendulum of tax policy to start swinging in the other direction.

"It was kind of very abstract before but I think... people are realising that most people are paying a much higher share than some of our wealthiest citizens," he says. "A lot of people have decided that's not fair."

Interesting article about taxation, if there could be such a thing. I think that politicians give tax breaks with the best of intentions in the main. Then the accountants get hold of it and see what the angles are for their rich clients.

In the UK there was a famous scheme called the Enterprise Investment Scheme (EIS) which was supposed to encourage Hi Tech start ups. You could get tax breaks if you invested in them. However it was loosely worded and ended up encouraging investment into all manner of crazy schemes. I remember being sent a prospectus for lap dancing clubs.

It isnt right that Mr Buffets cleaner should be taxed at a higher level than his cleaner. I wonder if any of my friends on here would care to make a case for a system that supports this anomaly ?

They call for higher taxes because they have the resources and the bribe money to avoid them......what they are doing, tommy......is trying to eliminate those companies that are just starting out, that might be future threats.....

None of those millionaires or billionaires, like bernie sanders the socialist billionaire, will pay those tax rates......

 

[2aguy]

Trump taxes: A 'fundamentally unfair' system?

What do Donald Trump's tiny tax bills say about the taxes of the wealthy?

www.bbc.co.uk

But since Patriotic Millionaires was founded in 2010, its general aims have won some high-profile endorsements, including from investor Warren Buffett, who called for raising taxes on the rich in 2016, famously noting that his 16% federal income tax rate was lower than his secretary's.

Mr Pearl, whose recent tax payments of nearly $100,000 were still far higher than Mr Trump's, says he's hopeful that outrage over stories like Mr Trump's will force the pendulum of tax policy to start swinging in the other direction.

"It was kind of very abstract before but I think... people are realising that most people are paying a much higher share than some of our wealthiest citizens," he says. "A lot of people have decided that's not fair."

Interesting article about taxation, if there could be such a thing. I think that politicians give tax breaks with the best of intentions in the main. Then the accountants get hold of it and see what the angles are for their rich clients.

In the UK there was a famous scheme called the Enterprise Investment Scheme (EIS) which was supposed to encourage Hi Tech start ups. You could get tax breaks if you invested in them. However it was loosely worded and ended up encouraging investment into all manner of crazy schemes. I remember being sent a prospectus for lap dancing clubs.

It isnt right that Mr Buffets cleaner should be taxed at a higher level than his cleaner. I wonder if any of my friends on here would care to make a case for a system that supports this anomaly ?

Warren Buffte is a fucking hypocrite.

The guy pays himself 100K a year then whines that he doesn't pay enough taxes.

If he really wanted to pay more taxes all he would have to do is raise his own salary to 100 million a year but he doesn't do that does he?

He could just sign over 50% of his actual wealth to the IRS...that is allowed...

 

[2aguy]

Trump taxes: A 'fundamentally unfair' system?

What do Donald Trump's tiny tax bills say about the taxes of the wealthy?

www.bbc.co.uk

But since Patriotic Millionaires was founded in 2010, its general aims have won some high-profile endorsements, including from investor Warren Buffett, who called for raising taxes on the rich in 2016, famously noting that his 16% federal income tax rate was lower than his secretary's.

Mr Pearl, whose recent tax payments of nearly $100,000 were still far higher than Mr Trump's, says he's hopeful that outrage over stories like Mr Trump's will force the pendulum of tax policy to start swinging in the other direction.

"It was kind of very abstract before but I think... people are realising that most people are paying a much higher share than some of our wealthiest citizens," he says. "A lot of people have decided that's not fair."

Interesting article about taxation, if there could be such a thing. I think that politicians give tax breaks with the best of intentions in the main. Then the accountants get hold of it and see what the angles are for their rich clients.

In the UK there was a famous scheme called the Enterprise Investment Scheme (EIS) which was supposed to encourage Hi Tech start ups. You could get tax breaks if you invested in them. However it was loosely worded and ended up encouraging investment into all manner of crazy schemes. I remember being sent a prospectus for lap dancing clubs.

It isnt right that Mr Buffets cleaner should be taxed at a higher level than his cleaner. I wonder if any of my friends on here would care to make a case for a system that supports this anomaly ?

A serious question...

Those people you highlight in your first post....what is keeping them from paying those tax rates right now? If they are concerned about others paying more in taxes, and want those taxes raised...why don't they simply pay their taxes at the higher rates they say millionaires, like bernie sanders, and billionaires should pay?

Can you explain that? I mean, if they are really concerned about people not paying enough in taxes...right?

We will wait for your non-answer....

 

[gipper]

Trump taxes: A 'fundamentally unfair' system?

What do Donald Trump's tiny tax bills say about the taxes of the wealthy?

www.bbc.co.uk

But since Patriotic Millionaires was founded in 2010, its general aims have won some high-profile endorsements, including from investor Warren Buffett, who called for raising taxes on the rich in 2016, famously noting that his 16% federal income tax rate was lower than his secretary's.

Mr Pearl, whose recent tax payments of nearly $100,000 were still far higher than Mr Trump's, says he's hopeful that outrage over stories like Mr Trump's will force the pendulum of tax policy to start swinging in the other direction.

"It was kind of very abstract before but I think... people are realising that most people are paying a much higher share than some of our wealthiest citizens," he says. "A lot of people have decided that's not fair."

Interesting article about taxation, if there could be such a thing. I think that politicians give tax breaks with the best of intentions in the main. Then the accountants get hold of it and see what the angles are for their rich clients.

In the UK there was a famous scheme called the Enterprise Investment Scheme (EIS) which was supposed to encourage Hi Tech start ups. You could get tax breaks if you invested in them. However it was loosely worded and ended up encouraging investment into all manner of crazy schemes. I remember being sent a prospectus for lap dancing clubs.

It isnt right that Mr Buffets cleaner should be taxed at a higher level than his cleaner. I wonder if any of my friends on here would care to make a case for a system that supports this anomaly ?

A serious question...

Those people you highlight in your first post....what is keeping them from paying those tax rates right now? If they are concerned about others paying more in taxes, and want those taxes raised...why don't they simply pay their taxes at the higher rates they say millionaires, like bernie sanders, and billionaires should pay?

Can you explain that? I mean, if they are really concerned about people not paying enough in taxes...right?

We will wait for your non-answer....

We need a wealth tax. Anything over say $50 million, government should take 90%. This should result in the wealthy no longer influencing and controlling politicians. But oh well, it won’t happen.

 

[2aguy]

Trump taxes: A 'fundamentally unfair' system?

What do Donald Trump's tiny tax bills say about the taxes of the wealthy?

www.bbc.co.uk

But since Patriotic Millionaires was founded in 2010, its general aims have won some high-profile endorsements, including from investor Warren Buffett, who called for raising taxes on the rich in 2016, famously noting that his 16% federal income tax rate was lower than his secretary's.

Mr Pearl, whose recent tax payments of nearly $100,000 were still far higher than Mr Trump's, says he's hopeful that outrage over stories like Mr Trump's will force the pendulum of tax policy to start swinging in the other direction.

"It was kind of very abstract before but I think... people are realising that most people are paying a much higher share than some of our wealthiest citizens," he says. "A lot of people have decided that's not fair."

Interesting article about taxation, if there could be such a thing. I think that politicians give tax breaks with the best of intentions in the main. Then the accountants get hold of it and see what the angles are for their rich clients.

In the UK there was a famous scheme called the Enterprise Investment Scheme (EIS) which was supposed to encourage Hi Tech start ups. You could get tax breaks if you invested in them. However it was loosely worded and ended up encouraging investment into all manner of crazy schemes. I remember being sent a prospectus for lap dancing clubs.

It isnt right that Mr Buffets cleaner should be taxed at a higher level than his cleaner. I wonder if any of my friends on here would care to make a case for a system that supports this anomaly ?

A serious question...

Those people you highlight in your first post....what is keeping them from paying those tax rates right now? If they are concerned about others paying more in taxes, and want those taxes raised...why don't they simply pay their taxes at the higher rates they say millionaires, like bernie sanders, and billionaires should pay?

Can you explain that? I mean, if they are really concerned about people not paying enough in taxes...right?

We will wait for your non-answer....

We need a wealth tax. Anything over say $50 million, government should take 90%. This should result in the wealthy no longer influencing and controlling politicians. But oh well, it won’t happen.

No, we don't need a wealth tax...what we need is a low flat tax for everyone....

 

[gipper]

Trump taxes: A 'fundamentally unfair' system?

What do Donald Trump's tiny tax bills say about the taxes of the wealthy?

www.bbc.co.uk

But since Patriotic Millionaires was founded in 2010, its general aims have won some high-profile endorsements, including from investor Warren Buffett, who called for raising taxes on the rich in 2016, famously noting that his 16% federal income tax rate was lower than his secretary's.

Mr Pearl, whose recent tax payments of nearly $100,000 were still far higher than Mr Trump's, says he's hopeful that outrage over stories like Mr Trump's will force the pendulum of tax policy to start swinging in the other direction.

"It was kind of very abstract before but I think... people are realising that most people are paying a much higher share than some of our wealthiest citizens," he says. "A lot of people have decided that's not fair."

Interesting article about taxation, if there could be such a thing. I think that politicians give tax breaks with the best of intentions in the main. Then the accountants get hold of it and see what the angles are for their rich clients.

In the UK there was a famous scheme called the Enterprise Investment Scheme (EIS) which was supposed to encourage Hi Tech start ups. You could get tax breaks if you invested in them. However it was loosely worded and ended up encouraging investment into all manner of crazy schemes. I remember being sent a prospectus for lap dancing clubs.

It isnt right that Mr Buffets cleaner should be taxed at a higher level than his cleaner. I wonder if any of my friends on here would care to make a case for a system that supports this anomaly ?

A serious question...

Those people you highlight in your first post....what is keeping them from paying those tax rates right now? If they are concerned about others paying more in taxes, and want those taxes raised...why don't they simply pay their taxes at the higher rates they say millionaires, like bernie sanders, and billionaires should pay?

Can you explain that? I mean, if they are really concerned about people not paying enough in taxes...right?

We will wait for your non-answer....

We need a wealth tax. Anything over say $50 million, government should take 90%. This should result in the wealthy no longer influencing and controlling politicians. But oh well, it won’t happen.

No, we don't need a wealth tax...what we need is a low flat tax for everyone....

That will do absolutely nothing to stop the wealthy from buying influence, protection, favors, sweetheart deals, etc from our corrupt government.