I don't care about the blunt language. It needs to be said. These people are not putting Americans' best interests at heart and it's really starting to piss me off.Warren Buffett on American taxeshttp://money.cnn.com/video/news/2010/10/05/f_mpw_buffett_taxes.fortune/Republicans stalling efforts to extend tax cuts in order to battle for the richest 2% of Americans.http://firstread.msnbc.msn.com/_news/2010/12/01/5559969-gop-to-block-all-bills-until-tax-cuts-are-addressedhttp://firstread.msnbc.msn.com/_news/2010/12/01/5561324-gop-upset-with-dem-effort-to-extend-only-middle-class-tax-cuts?ocid=twitterI'm not too hot on the Democrats. I think they're weak and ineffective. But when the second richest guy in the country says he's not getting taxed enough and that he gets taxed less than anyone who works under him, we need to fucking listen. There is something fundamentally flawed there. Republicans need to get their heads out of their asses and get some fucking problems fixed. They're taking us backwards.
12/1/2010 7:08:56 PM
remind again who has had an absolute majority over the past 2 years?please.almost 50% of wage earners in this country already pay ZERO taxes. I guess that isnt good enough?
12/1/2010 7:18:29 PM
Did you even watch the videos? Did you even fucking watch it or are you just spouting your same stupid dumb-as-fuck talking points over and over again? Pull your underdeveloped bird brain out of the sand and see that if we don't change course soon we're gonna be royally fucked even worse than we are now. We need to cut spending and raise revenue and do it quickly.THE FUCKING RICHEST DUDE IN AMERICA JUST SAID HE DOESN'T PAY ENOUGH TAXES!!!!!!! What the FUCK is wrong with you if you don't listen to him?
12/1/2010 7:23:15 PM
You unknowingly support the continuation of the tax code as it exists. This system was set up by the rich for the rich, and it still operates as it was designed to operate. American liberals advocate raising the tax rates on the rich, not understanding that they will still have the resources to hire a team of accountants, and as a result, be more equipped to offload their tax burden than the average citizen.Instead of going into a partisan-minded frenzy, you should be looking for a way to greatly simplify the tax code. The income tax is too complicated. There are so many loop holes and write offs that you basically need to be trained in order to navigate the tax code. This is not the way it should be. Anyone with basic reading skills should be able to see what the tax laws are. We'd be better off having a flat rate consumption tax, with higher rates on luxury goods, and lower rates on basic commodities.
12/1/2010 7:34:02 PM
12/1/2010 7:36:09 PM
yes i meant income tax and it is basically truetop 20% of wage earners pay 69% of all taxesmiddle 60% of wage earners pay 29%bottom 20% of wage earners pay .8% http://money.cnn.com/2009/04/15/pf/taxes/who_pays_most_least/further:
12/1/2010 8:55:20 PM
12/1/2010 9:07:19 PM
12/1/2010 9:09:24 PM
The problem with that 50% statistic is it keeps getting bandied about by the talk radio Republicans in such a way that one is lead to believe that has been the status quo for a very long time. The reality is, that number was in the 25% range before the economy blew up and is probably trending down.
12/1/2010 9:35:27 PM
Why do they have such dreadfully low IQ's?
12/1/2010 9:39:54 PM
at least this is a mature, insightful and well-articulated discussion.[Edited on December 1, 2010 at 10:12 PM. Reason : ]
12/1/2010 10:12:15 PM
12/1/2010 10:20:42 PM
team effort d00dftr idk whether he has set up a foundation like the Gates family, but I imagine he will someday, it's the way of many a multi-billionaire
12/1/2010 10:22:27 PM
really? he'll "eventually" set up a foundation? How long has a been a bajillionaire? How long did it take Bill Gates to set up his foundation after he became a bajillionaire? Yeah..."Team effort" is bullshit. How about he practice what he preaches, and then maybe he can expect other people to follow his lead. He wants to pay more taxes? GREAT! Open the checkbook. Until then, shut the fuck up!
12/1/2010 10:27:06 PM
^^^ That simply has no bearing on the discussion.[Edited on December 1, 2010 at 10:28 PM. Reason : .][Edited on December 1, 2010 at 10:32 PM. Reason : eh]
12/1/2010 10:27:24 PM
It absolutely does. If he thinks he should be taxed more, then why the fuck isn't he voluntarily paying more already? No, the fact is that he wants the rates jacked up because it protects him even more. Others trying to get rich will have to spend more in lawyers and accountants to be a threat to him, while he can just pay a pittance to his to do his dirty work for him.
12/1/2010 10:29:22 PM
12/1/2010 10:35:20 PM
12/1/2010 10:36:20 PM
You know, I read somewhere that at the age of 13 Buffett filed his first tax return with a $35 deduction for his bicycle. Hypocrite.
12/1/2010 10:39:45 PM
12/1/2010 10:39:48 PM
it's nothing groundbreaking at allthe flag itself is riddled with that sort of symbolismand then we build monuments dedicated to single persons and crowd around them in unity[Edited on December 1, 2010 at 10:43 PM. Reason : persons not people]
12/1/2010 10:42:47 PM
12/1/2010 10:48:44 PM
take note and have funthe founders set up a hard-ass experiment... one, that as long as human nature has its way, is almost impossible to achievethey had the good fortune of writing some awesome-ass flexible documents and not having to wait around to see it fulfilledbut still, we try to persevere in an idea called America
12/1/2010 10:58:06 PM
ugh marko why don't you move to China already you fucking commie
12/1/2010 11:02:08 PM
12/1/2010 11:15:34 PM
just because marko gives any credence at all to collective action doesn't mean he thinks all property should be collectively owned, as in a communist society
12/1/2010 11:17:48 PM
12/1/2010 11:34:31 PM
12/1/2010 11:47:20 PM
12/2/2010 12:23:37 AM
12/2/2010 12:35:16 AM
12/2/2010 7:14:51 AM
12/2/2010 8:43:46 AM
12/2/2010 9:01:58 AM
12/2/2010 9:19:16 AM
Buffett's been saying that for years. And he has something of a point. But it's hilarious that people like IMStoned demand that we bleed the rich while simultaneously demanding that we uncritically obey their advice.
12/2/2010 9:30:28 AM
A point that I think more can rally around and I think it's more the point that Buffett was trying to make:Even if you don't think the ultra-rich should be paying more in taxes, They should be paying atleast the same percentage of their income as everyone else (and I think a lot of us would agree they should be paying a higher percentage). You have to admit that there is something backwards about a secretary paying 30% of her income and buffet only paying 17% of his. The point being that our tax code, as is, is basically rigged for the ultra-rich with a substantial burden placed on those of us that are normal.Now whether you believe we should raise tax rates on the rich so that they are in line with normal people or you think we should cut taxes on normal people so that their taxes are in line with the rich is, of course, highly debatable.but the idea that he should just "pay more if he wants to" is kinda moot when you look at it from this perspective. It's not the idea that the ultra rich should have to pay more in taxes than they are currently paying (as in the total dollar amount) It's the idea that, at the very least, they should be paying the same percentage of their income as the rest of us.
12/2/2010 9:52:19 AM
12/2/2010 9:59:16 AM
12/2/2010 10:27:36 AM
12/2/2010 1:54:52 PM
^ That's only part of it. In addition to his own promise to donate his fortune, he has personally been making calls and getting other billionaires to pledge half their net worth to charity when the pass through http://givingpledge.org/#enterWarren Buffett would be the richest man in the world if he hadn't given away so much of his wealth. He's the model philanthropist. He has no need for more money. He simply creates wealth so that he can give it away. aaronburro, on the other hand, has shown how uninformed he is itt.[Edited on December 2, 2010 at 3:32 PM. Reason : s]
12/2/2010 3:30:44 PM
if anything, the gates foundation is an example of why these people shouldn't be taxed more.If the fed got that money it would go to banks, healthcare companies, bad car makers, and weapons manufacturers.
12/2/2010 3:34:40 PM
Him becoming a poster child for their party is a libertarian's dream come true.[Edited on December 2, 2010 at 4:20 PM. Reason : l]
12/2/2010 4:19:53 PM
12/2/2010 5:21:17 PM
12/2/2010 5:43:55 PM
Your statement clearly indicated that you were unaware of Buffet's philanthropy.
12/2/2010 6:59:50 PM
riiiiiight
12/2/2010 7:05:45 PM
12/2/2010 9:01:11 PM
If we replaced income taxes with wealth taxes, Warren Buffett would find himself paying a lot more in taxes. Everyone walks away happy.
12/4/2010 9:58:08 AM
^
12/4/2010 10:01:49 AM
12/4/2010 10:13:23 AM