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

CrusaderFrank

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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:
 

editec

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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?
 

Sherry

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

CrusaderFrank

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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?
 

Claudette

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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.
 

The Infidel

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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.
 

martybegan

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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?

So I assume that the same rules apply to politicians that opposed the stimulus package, but took funds from it once it was passed?
 

Oddball

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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?

So I assume that the same rules apply to politicians that opposed the stimulus package, but took funds from it once it was passed?
Why, of course not!

Those guys are a bunch of two-faced, double-dealing, mealy-mouthed, teabagging hypocrites! :rolleyes:
 

Ame®icano

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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?

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.
 

DaGoose

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Ame®icano;4039263 said:
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?

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.

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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Save the bloated greedy rich!! Brainwashed Idiocy..
 

Ame®icano

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Ame®icano;4039263 said:
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?

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.

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.

.

Let's see. When he use every loophole in order to pay less taxes, he's doing it because he's responsible to make high profit to his shareholders. When he says he/his company should pay more taxes, that's OK even if he make less profit to his shareholders.

Yes, he has to follow the law. That law doesn't say has to use loopholes in order to pay less taxes, nor is forbidding him to write a check to government.
Yes, he has every right to speak out, even if he's wrong.
 

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