SassyIrishLass
Diamond Member
- Mar 31, 2009
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Someone inform Buffet if he's so worried about it he can voluntarily give more money to the government....bet he doesn't
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A dispute with the IRS is not the same as trying to cheat them. That is just a spin and a dishonest one. If you refuse to inform the IRS about income, that is cheating. If you dispute the amount paid and formally inform the IRS that your tax accountant and lawyers have a dispute, your case goes into litigation and you agree to pay the amount the litigation determines is proper.The dispute was resolved with a settlement of 219.5 million. Buffett has the same fiducial responsibility to investors and any other business person. He is obligated to use whatever means available to maximize profits. The focus should be on how he pays taxes and distributes personal wealth, not how he operates his investment entities.oh brother. that's easy enough to say when you're gawddam rich for crying out loud.
Nothing is stopping him from donating all his monies to the Fed. Guberment
Of paying his fair share.
Warren Buffett’s taxing hypocrisy - NetRight Daily
The point is he's a hypocrite. He fought the IRS to cheat them out of money. He talks about paying a fair share, but when it comes to one of his businesses? The hell he will.
He's no different than anybody else. He's at the top of the hill and wants to keep others from reaching it. That's why he's for more taxation.
When you go to the movies, do the rich people pay a different ticket price than you because they have so much money? Do they pay a different price for the same car you drive because they have too much money? Do they pay a higher rate in utilities for their home because they have a lot of money?
He gives it to charity instead, billions upon billions of dollars of it.Someone inform Buffet if he's so worried about it he can voluntarily give more money to the government....bet he doesn't
Warren Buffett says the super-rich pay lower tax rates than others
It's not often you see someone stand up and say, "Tax me more!"
Yet that's just what famed investor Warren Buffett has done in an op-ed in the New York Times headlined, "Stop Coddling the Super-Rich." Buffett says that very wealthy people like himself pay lower tax rates than the middle class, thanks to special tax categories for investment income.
The part Buffet didn't mention is that not only payroll taxes the poorest of the poor pay a much higher percentage of their income than others. When every kind of local tax, fee, registration charge, license and other government and normal living required costs are added the rich are getting off and making out like a bandit when observed as a percentage of their total.
For example in Tennessee there is a state sales tax and in the county where I live there's also a local retail tax on everything one purchases. A poor bastard earning $30,000 a year pays the same gasoline tax as a millionaire and if one looks closely there's another form of taxation or fee being charged every time the poor man/woman opens his/her billfold/purse.
Do they pay a higher rate in utilities for their home because they have a lot of money?
FYI you don't have to be rich to have a 94% efficient furnace and water heaterDo they pay a higher rate in utilities for their home because they have a lot of money?
Actually Ray, they pay less in utilities per square foot heated and cooled compared to you.
They have solar electric they sell back. They have the latest, most efficient hvac. They have the best in energy conservation designs. They have all the goodies Ray cause they are rich.
But you keep telling yourself you are their equal. Maybe they will send you a check made out to Water Carrier Ray.
Do they pay a higher rate in utilities for their home because they have a lot of money?
Actually Ray, they pay less in utilities per square foot heated and cooled compared to you.
They have solar electric they sell back. They have the latest, most efficient hvac. They have the best in energy conservation designs. They have all the goodies Ray cause they are rich.
But you keep telling yourself you are their equal. Maybe they will send you a check made out to Water Carrier Ray.
FYI you don't have to be rich to have a 94% efficient furnace and water heater
When you go to the movies, do the rich people pay a different ticket price than you because they have so much money? Do they pay a different price for the same car you drive because they have too much money? Do they pay a higher rate in utilities for their home because they have a lot of money?
Ray, you think ultra rich people consider YOU, a truck driver their "equal". LMAO.
Rich people have private screenings for new movies. Or go to Hollywood openings. You ain't invited Ray.
I helped my daughter buy a Chevy Cruz.
Real rich people.outright buy their kids a new Corvette.
Where do you nit wits get this idea that the ultra wealthy consider truck drivers their equal?
Unfucking believable.
Why are so many people here concerned about the super rich being taxed to much ?
...and the IRS is unconstitutional
So you prefer a five-year-old partisan speculative source rather than a more recent objective professional accounting source detailing the resolution of the dispute. How convenient for your agenda spin.Warren Buffett says the super-rich pay lower tax rates than others
It's not often you see someone stand up and say, "Tax me more!"
Yet that's just what famed investor Warren Buffett has done in an op-ed in the New York Times headlined, "Stop Coddling the Super-Rich." Buffett says that very wealthy people like himself pay lower tax rates than the middle class, thanks to special tax categories for investment income.
The part Buffet didn't mention is that not only payroll taxes the poorest of the poor pay a much higher percentage of their income than others. When every kind of local tax, fee, registration charge, license and other government and normal living required costs are added the rich are getting off and making out like a bandit when observed as a percentage of their total.
For example in Tennessee there is a state sales tax and in the county where I live there's also a local retail tax on everything one purchases. A poor bastard earning $30,000 a year pays the same gasoline tax as a millionaire and if one looks closely there's another form of taxation or fee being charged every time the poor man/woman opens his/her billfold/purse.
Warren buffet is free to write a big fat fucking check to the US Treasury if he thinks he should pay more taxes
You might want to ask why his company has been fighting with the IRS for years over back taxes
Report: Buffett's Berkshire Owes $1 Billion In Back Taxes
oh brother. that's easy enough to say when you're gawddam rich for crying out loud.
Nothing is stopping him from donating all his monies to the Fed. Guberment
He's telling the truth. Why the hell should a normal everyday American pay at the same percentage as a millionaire? This country was built on everybody paying their fair share.....not a flat tax rate! We had a middle class until Reagan slashed tax rates to 50 year lows:
THEN THE RESULT:
Nearly half of Americans pay no income tax at all. And in this country, nobody pays their fair share. That's why the top 10% of wage earners in this country pay 70% of all collected income taxes.