red states rule
Senior Member
- May 30, 2006
- 16,011
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ARRRGGGHHH!
I have a degree in economics!
And I've taught finance at University!
Please take a refresher course
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ARRRGGGHHH!
I have a degree in economics!
And I've taught finance at University!
You must never have taken Economics 101
We the people pay the corporate taxes everytime
ARRRGGGHHH!
I have a degree in economics!
And I've taught finance at University!
Please take a refresher course
Please take a refresher course
Wrong. You don't know anything about economics.
Warren Buffet who made 54 million dollars last year paid only 17% in personal income taxes while his secretary had to pay nearly 30%....Warren Buffet himself says, this is NOT RIGHT AND JUST.
Why is it okay to tax the working man more than the top 1% income earners? What is WRONG with you people to think this is okay?
It is NOT okay. PERIOD.
good morning rsr,So 17% of $54 million is what?
Why do libs have such a problem with wealth envy? How much more money does Buffet generate by his business? How many jobs does he provide? How much in taxes do those workers pay? How much in taxes does the government make off his investors who are making money? How much in taxes does the government make off the things Buffet buys?
The list goes on
Government is making alot of money off people like Buffet yet it is never enough to the libs
They also ignore, mnoney to the government is at records levels (that is with tax cuts) and the annual deficit is more then 50% lower
Libs now want to fuck all that up by raising taxes
good morning rsr,
warren buffet SAYS he doesn't pay enough in taxes compared to the BURDEN of taxes that his secretary has to pay. 17% of his income for him and 30% on his secretary's income.
Is the richest man in america wrong?
This was his PERSONAL income tax, not MONEY HE MADE FOR A CORPORATION....his personal income.
does warren buffet have ''wealth envy''? i think not!
care
Care, the point is - people like Buffet generate much more revenue through their employees, investments, and personal spending
If Waren feels he is not paying enough, let him send a bonus tax in. Why the hell should he decide what is "fair"
Something you may not know about
In 1990, in another lame attempt to work with Dems, the Federal Luxury tax was passed. Dems said it would make the "rich" pay their fair share when they buy things like yachts
The added 10% tax would bring in more revenue and help balance the budget
One problem. the 10% tax caused people NOT to buy yachts. When they ceased buying, the ship builders lost their jobs, the companies closed, the taxes the workers paid went away, the local economies took a hit, and the local and state governments lost money
Now do you see how much more moeny the "rich" generate beside the taxes they pay on their income
BTW, Clinton had to repeal the 10% tax - and the yachts started to sell again
So RSR supports a regressive tax system then.
Regressive is when there is just a flat tax, yes?
Rsr seems to be supporting a system in which those who make more, are taxed less. By his logic the improverished of America should be paying 70 or 80% of their incomes.
So the companies have this vault full of cash just waiting to hand it over to the government?
Do you have a degree? And if so, what in?
That example if absurd. If you knew anything about economics, you'd know that.
Regressive is when there is just a flat tax, yes?
Rsr seems to be supporting a system in which those who make more, are taxed less. By his logic the improverished of America should be paying 70 or 80% of their incomes.
So you believe in taxing people that are just making it, MORE than the multi millionaire and billionaire?
That is absurd RSR!!!!
Also, if the Secretary was only paying 17% instead of 30% don't you think her extra money in her hand wouldn't go RIGHT IN TO THE ECONOMY TOO?
I don't get it?
Buffet already gave $30 billion to causes for those that have less so the gvt won't be needed as much but he still feels people like him are not giving enough when you have to tax his secretary at 30% and him only at 17%?