Warren Buffet

[Babagounj]

no , but the poor have the option to move to another state which would give them more benefits.
So at the end of the day , the poor get the most out of our taxes and pay the least for them.

 

[wkmac]

The poor pay the most regressive tax of all. It's called inflation.

 

[Babagounj]

but the state includes COLA in their benefit packages.

 

[The Other Side]

The poor pay the most regressive tax of all. It's called inflation.

He has no idea what he's talking about.

Peace

 

[av8torntn]

Just the past thirty years of trickle-down Reaganomics. Today it is paying homage to the "job creators". As far as idiots, does that also include Buffet?

My goodness no Mr. Buffet knows an increase in taxes will have a positive influence on his business of buying companies. I'm sure he would love to see an inheritance tax of 100% at least for the near term. We all know if the man wanted to pay more taxes he is free to do just that but he does not. One does not need the government to force you to give them more money if you are willing. He could in thirty days time pony up fourty billion or so if he is serious but he will not because that would be harmful to him.

A higher income tax will not keep him from being wealthy only those walking his path behind him.

 

[bbsam]

Ah. So Buffet's comments should be viewed simply as a man who's gotten his? Because...he's a ...job creator? That's why he pays a lower tax rate than his sec'y?

 

[The Other Side]

Ah. So Buffet's comments should be viewed simply as a man who's gotten his? Because...he's a ...job creator? That's why he pays a lower tax rate than his sec'y?

Exactly, he paid what? 14% on his billions...

Yeah AV8, the rich have it tough. Keep sticking up for them!

Peace.

 

[wkmac]

A higher income tax will not keep him from being wealthy only those walking his path behind him.

Bingo. It's all about the limiting and suppressing market competition. Gabriel Kolko, "The Triumph of Conservatism" is a great read (some of it is open source google books) in understanding how this was achieved, under what name(s) and by who. Another very quick example that touches the spear tip is from 1997' by Mises Jeffery Tucker about the Marshall Plan.

Once we (everyone) understand the Jeffersonian ideal never really happened and never had a chance and that the real father of our markets was the one who won and has always won the day, it is then the real conversation can begin.

 

[moreluck]

Sorry moreluck, your wrong again... (whats new).

The poorest americans PAY PLENTY of taxes. As the deficits grow in each state and SALES TAXES increased, the MOST affected are the POOR. Rich people dont visit the supermarket or department stores more than the poorest of americans, and its those americans who pay the highest price for services. The poor, dont have access to wholesale products or goods like rich people do. The poor, cant buy in bulk like rich people do and the poor dont have the options of traveling to states to avoid taxes.

At the end of the day, the POOR pay the most and get the LEAST out of taxes.

Peace.

I'm talking INCOME TAXES. I didn't know we were talking luxury tax on the Monopoly Board!!

 

[Babagounj]

Warren Buffet is worth billions, but he only pays himself a modest salary. He still lives in the same house he bought decades ago.
Those billions he has is invested in his businesses.
So if he is calling for more taxes for the rich, in doesnot apply to him.

 

[Babagounj]

http://www.fms.treas.gov/faq/moretopics_gifts.html
[h=2]Gifts to the United States Government[/h] How do I make a contribution to the U.S. government?

Citizens who wish to make a general donation to the U.S. government may send contributions to a specific account called "Gifts to the United States."
This account was established in 1843 to accept gifts, such as bequests, from individuals wishing to express their patriotism to the United States.
Money deposited into this account is for general use by the federal government and can be available for budget needs.
These contributions are considered an unconditional gift to the government.
Financial gifts can be made by check or money order payable to the United States Treasury and mailed to the address below.

Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782
​

Any tax-related questions regarding these contributions should be directed to the Internal Revenue Service at (800) 829-1040.

 

[moreluck]

http://www.fms.treas.gov/faq/moretopics_gifts.html
[h=2]Gifts to the United States Government[/h] How do I make a contribution to the U.S. government?

Citizens who wish to make a general donation to the U.S. government may send contributions to a specific account called "Gifts to the United States."
This account was established in 1843 to accept gifts, such as bequests, from individuals wishing to express their patriotism to the United States.
Money deposited into this account is for general use by the federal government and can be available for budget needs.
These contributions are considered an unconditional gift to the government.
Financial gifts can be made by check or money order payable to the United States Treasury and mailed to the address below.

Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782
​

Any tax-related questions regarding these contributions should be directed to the Internal Revenue Service at (800) 829-1040.

I'm so glad you posted that address.....now where did I put my envelopes ??..........Oh, do you have any stamps ??

 

[Babagounj]

Here's a nice suggestion;
Send a letter along with a self-addressed Gifts to the United States envelope to every known elected Democrat informing them of post #31 and ask them to do the right thing.

 

[moreluck]