Buffett Speaks The Truth

Nothing is stopping ole Warren from paying all the taxes he wants. Heck, if he wants to send 90 percent of his worth to the Government, be my guest.

I am already paying at the maximum rate for my income bracket, as I have zero deductions. My daughter is a school teacher, and I pay more in taxes than her gross income.

So, Warren Buffet can kiss my ass. I work for every penny I make, and I am tired of some super rich billionaire, lazy ass malcontent, or two bit polititian that has never held a real job wanting more, and more, and more.

HA !

Finally some truth from a vengful leftie - you and Obama are sympaticos ......You don't care how it gets spent, even if it is wasteful social engineering (or worse) as long as you get your comuppance against those ugly rich Americans...you don't even want to pay down the debt ! You fucking rather burn the money ???


Your just a green-with-envy socialist who hates successful middle America !

Okay then you should have respect for me now because I'll be totally honest!!

I COULDN'T CARE LESS WHAT THEY DO WITH THE MONEY, BURN IT, SPEND IT ON PROVIDERS, OR USE IT HOW THEY SEE FIT.

It's just not fair that an office worker pays a higher % tax than a billionaire. (On his income, not on his wealth) Originally Posted by waverunner234

HA !

Finally some truth from a vengful leftie - you and Obama are sympaticos ......You don't care how it gets spent, even if it is wasteful social engineering (or worse) as long as you get your comuppance against those ugly rich Americans...you don't even want to pay down the debt ! You fucking rather burn the money ???


Your just a green-with-envy socialist who hates successful middle America !

: Originally Posted by Whirlaway

On the contrary, I'm not an Obama fan, actually there is NO ONE out there at the moment that would deserve my vote.
Only things I need to get around are a laptop with internet connection and a bank account to collect the money I make from internet (and not necessarily from US sources). And sometimes (if I feel like it) I even pay tax myself.

HA !

Finally some truth from a vengful leftie Originally Posted by Whirlaway

Whirlaway, you make some of the most asinine comments I have ever heard - and I don't mean your political views. You accuse others of stereotyping and name calling. But that is literally ALL YOU DO. Your arguments will always fall on deaf ears because you sound like a crazy person. Facts be damned. Obama sucks. Facts be damned - The Tea Party Rules! Fuck you and your fucking fairy ass socialist pussy bastard faces - My team rules!

I'm saying this to point out you sound like a crazy Steelers fan. Yes, Big Ben is a date rapist, but he wears the black and yellow so he gets my loyalty.

Every time someone answers Whirlaways nonsense - it's a waste of time. Anytime Whirlaway answers someone else's nonsense... Waste of time. With someone is intractable and mean spirited as Whirlaway - any time spent answering him is just food for a troll.

Fuck Warren Buffet.
So, Warren Buffet can kiss my ass. Originally Posted by Jackie S

should this be moved to the Omaha review section?

If you are so above it all, why do you waste your time, accusing others of wasting their time??????

And I get your dumbness; I post that Obama's poll numbers are down and I am mean spirted...I post that Obama plays alot of golf, more golf than any other modern president and I am mean spirited, I post that Obama's healthcare scam is underfunded and I am mean spirited.....move along and stop wasting your time...please !

Every time someone answers Whirlaways nonsense - it's a waste of time. Anytime Whirlaway answers someone else's nonsense... Waste of time. With someone is intractable and mean spirited as Whirlaway - any time spent answering him is just food for a troll. Originally Posted by sirliamscross

The only way the Buffet plan will get traction with middle America is if the Democrats pledge (and legislative commit) that the xtra tax revenues go ONLY to pay down the debt; not fund the annual defecit budgets of the government...

But of course that isn't what Buffet or Obama are proposing; they want more money into the general treasury to fund bigger government, more entitlements, and more and more debt !!!!!!!!!! Originally Posted by Whirlaway

Why do you say middle America won't go for upper America to get their tax rate returned to pre-Bush?

How do, as you suggest, fund more and more debt?

[quote=Whirlaway;1566984]The stupidity is the fact that you (left wing tweekers) actually think more government, more spending, more defecits, more nanny state is the answer !

So of course you ignmore the facts on the table - Buffet wants the debt reduced and proposes more taxes...you agree with him...but the lefties don't want the tax revenue to pay for the debt !


You are a bunch of phonies; I would have more respect for your arguements if you were actually honest about them - I.E. you want to raise taxes, not to reduce the debt but to increase government size and spending ! And that is why you say you support Buffet ! What is funny about this is that no one has posted this kind of statement about increasing size or spending. No one. To you that means everyone, except of course your sad sorry self, is dishonest. I don't care about having your respect. How much respect do you think we have for someone who calls most people liars based on his opinion? So you don't guess wrong I'll tell you. If possible, it would be a negative value.[/quote]

Once again you totally misinterpreted something you read. I can’t recall anybody saying they want to increase gov. size and spending. Just because you have something up your ass about specifying where the money will go doesn’t mean we have to. Revenue is revenue. They’ll just do a dance to get around any stipulations for use of the money. They will reduce spending or they won’t.

(Reuters)
Buffett said his federal tax bill last year was $6,938,744.

"That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income - and that's actually a lower percentage than was paid by any of the other 20 people in our office.

Buffett said higher taxes for the rich will not discourage investment.

"People invest to make money, and potential taxes have never scared them off." Originally Posted by BigLouie

I read the article too. It was written as an Op-Ed by Buffet himself.

This pretty well sums up why the paid-for corporate lackeys in the Tea Terrorist and Republican parties voted against what was good for 99.5% of the country.

Now.... All you people out there who pay LESS than 17% in income taxes on your adjusted gross income are free to whine but you others have to explain why you are stupid enough to vote against your own best interests.

It completely baffles me how the Republicans have conditioned the folks who are getting fucked by these tax cuts to make the fight for the ones who are benefiting from them. I'm a beneficiary of the Bush tax cuts, albeit not to the same degree as Buffet. One year, my taxes were cut by more than the amount that any non-lawyer in my firm makes as a result of the 4.6% cut from 39.6% to 35%. I didn't hire anybody. I didn't buy anything. I just stashed the extra money in an investment account, probably in a international stock fund.

Yet you've got all these folks who make far less in a year than I saved in that one year squealing like a pig stuck under a gate about how horrible it would be to raise the rate on other folks back to 39.6%, when in point of fact, it has not effect on them other than to lower the deficit or provide them more government services.

I'm to the point where I just don't worry about the debt or tax rates, in some respects. I get cuts one way, or interest rates rise the other way. Either way, I win. I haven't borrowed a dime in probably 15 years. I collect interest, I don't pay it. If the poor and the working class want to fuck themselves at my expense -- and apparently they do -- fuck it! I guess I'll let the dumb motherfuckers go ahead. But in my heart, I know it's a shame and bad for the country.

What is it about our education system, or our political process, that leads folks to act in a way that is so clearly contrary to their economic interest. I've studied behavioral psychology and behavioral economics looking for an answer and can't find one. Their actions are at war with the general tenants of democracy and microeconomics. Why do they engage in this behavior. Does anyone have any theories? I'm truly asking because I'm frankly completely stumped on this one.

It completely baffles me how the Republicans have conditioned the folks who are getting fucked by these tax cuts to make the fight for the ones who are benefiting from them. Originally Posted by TexTushHog

To make matters even worse, given the income disparity in this country, it truly infuriates me to have people making $50,000/yr writing letters to the editor of my local paper bitching and whining about teachers, policemen and firemen making $45,000/yr.

I can only imagine a good number of rich people sitting back and laughing their asses off at the whole lot of us.

+1 to Doove and TTH - It is amazing how people think we are out to grow government. That is what the guys who pay 17% has put into their heads as the "boogie man" - BIG GOVERNMENT. All the while the big boys need pay off government to protect their interests and screw the little guy.

The guys behind the movement are the corporations who stand to gain by not being forced to develop blowout preventers on deep sea wells, allowing imports to go without inspection so that outbreaks of E Coli and Melamine added to coffee creamer and dog food and getting permits to build reactors on fault lines just saves them money and kills Americans.

I'm like you, TTH. I don't care except that it is hurting many who can't do anything about it and I'll bet 99.5% is the exact percentage of people on this board who pay more taxes than Buffet with one caveat - that they declare all their income.

Even people like Jackie S make statements like they are among the top 1/2 of 1% of earners and don't want more taxes taken out. News Item: If you pay more in taxes than your daughter makes as a teacher, it simply means you could be making as little as $120K adjusted gross income! That would mean your taxes could be $42 per year or more than the average Texas Teacher!

People should step away from emotions and stereotypes and put a pencil to what is really happening to them.

Why DO the Koch Brothers SPEND hundreds of millions to influence clean air and water regulations and to prop up lower capital gains taxes and estate taxes? Why are they the major funders of Americans for Prosperity through their charitable foundations like the Charles Lambe Foundation?

They are doing it to stir up people who can be easily swayed to vote against their own best interests through fear of the perceived "boogie men" of taxation and big government - even when they are totally unaffected by those issues and should really fear other issues that do hurt them.

If you were a shrimper or a resort owner near where BP fouled the Gulf or a fisherman where Exxon-Mobil ruined Prince William sound you might have a small inkling of what corporations would be doing without regulations. The free market simply does not EVER prevent things like the Japanese nuclear disaster while stiffer regulation could do so in the future.

So, yes! Warren Buffett pretty well nails it!

TTH my friend you studied the wrong thing. Behavioral psychology and behavioral economics are not going to give you the answers.
Why don't you try "MASS MANIPULATION" I bet you can find some answers there, and the way in particular how FOX makes use of it.
Anyway maybe I have to go talk to my other friend WB to see how I can further down my tax bill. I'm down to 23% no matter how much I make. And if the republicans really get it their way I'll be down to somewhere like 14%

Wave, my landscape guys are applying for the "hedge fund" tax incentive as we speak. That should really piss off the racists. They'll be torn between hating an undocumented worker for being here illegally and then for paying taxes but torn again because he's paying less than they do and making more.

I think if the Koch brothers, whose father was one of the 12 founders of the John Birch Society, were brown instead of being the still politically active fair-skinned sons of a Nazi, there might be a different attitude.

Does anyone every stop to think... Why? Why would Warren Buffett come out with this op-ed piece now?

Seriously... Why couldn't he have said something when it might have helped Obama's position on the whole debt ceiling debate. Seems like good ol' Warren waited a bit too long to speak up.