Another liar insisting he'd be willing to pay more in taxes, but...
By ParaTed2k
@ParaTed2k (22940)
Sheboygan, Wisconsin
August 15, 2011 11:10am CST
Billionaire Democrat Cheerleader once again proves he's a liar. He's calling for an increase in taxes for billionaires such as himself...
"“My friends and I have been coddled long enough by a billionaire-friendly Congress,”
But his actions speak so loudly, we can't hear his verbal vomit.
There are no laws restricting the amount of taxes people can pay. Everyone is free to add as much as they want to their 1040. Instead of adding millions to his tax bill voluntarily, Buffett uses every tax deduction he's entitled to.
His blathering would hold a little water if he's already putting his money where his rhetoric is... but since he's never seen fit to pay more voluntarily, there is no reason for anyone to believe he's willing to have it forcibly taken from him.. unless, of course, he stands to gain much much more if it's forcibly taken from someone else.
Until these lefty blowhards are willing to voluntarily pay more in taxes, there is no reason to believe them when they say they are willing to pay more by force.
http://finance.yahoo.com/news/Warren-Buffett-Pushes-bloomberg-4088896717.html?x=0&sec=topStories&pos=4&asset=&ccode=%27%20rel=%27nofollow
1 person likes this
3 responses
@Taskr36 (13963)
• United States
15 Aug 11
I keep telling people that he's just a big hypocrite. He says our tax system is horrible because he uses loopholes to pay very low taxes. Well if that's the case HE'S the problem because he's the one abusing the system. If he were just trying to make an example he could use those loopholes, show the world how much he saved, and then GIVE the money to the government to show that he really is willing to pay more. Frankly, I think he's nothing but a liar who preaches left wing rhetoric to get attention.
@Taskr36 (13963)
• United States
15 Aug 11
If it's not rich vs. poor than why are the left only targeting the rich? Why hasn't anyone on the left suggested that middle and lower income people pay SOME income tax? Are you aware that in 2009 51% of American workers didn't pay a single dime of federal income tax? Despite that, the left only wants to raise taxes on the people that are already paying more than anyone else. They want to take more from the wealthier people and use it to give free stuff to those earning less. They demonize the rich and anyone that doesn't want to raise taxes on them. That's class warfare.
I don't know where you're trying to go with your cliff analogy. We're already at the edge of a cliff and we were brought there by spending too much. Now we need to spend less, yet the left only wants to spend more.
@crossbones27 (53005)
• Mojave, California
15 Aug 11
That is easy they are the only ones with money to spare. If Apple has more money then the Federal reserve, we might be in trouble. Don't worry though, "corporations are people too."
@crossbones27 (53005)
• Mojave, California
15 Aug 11
See this proves my point why your point of view that your way of thinking is not for improving the country. It is not rich versus poor. You guys just cannot stand the left point of view. You need the left point of view to balance the right. I am afraid though that the right went so far right it jumped off a cliff. Now the left trying to prove to everyone that they are trying to fix this country and to do so is willing to jump off the cliff with them. Didn't anyone's mother tell them 'if Frankie jumped off a cliff would you follow?"
@BalthasarTheRat (656)
• United States
15 Aug 11
You hit the root of the problem when you talked about him not just thinking he should pay more, but that everyone as rich as him should. He could donate his portfolio earnings every year and we wouldn't get a single bomber cost covered. But raising taxes on everyone over a certain income level can pay for a couple aircraft carriers.
Buffet has just joined the "one man can't make a difference without dragging others along with him" crowd.
Now if it was JIMMY Buffet, then we could say the message meant something.
How 'bout we just charge Warren for what we think he should have paid the past 50 years with interest and late penalties. I wonder if he still could pay? At least it might make him think twice about opening his mouth.
How 'bout we just charge Warren for what we think he should have paid the past 50 years with interest and late penalties. I wonder if he still could pay? At least it might make him think twice about opening his mouth. @ParaTed2k (22940)
• Sheboygan, Wisconsin
15 Aug 11
Too true!!
Actually, I think he stands to gain from keeping the economy down, so what's a few more tax dollars more if he can keep his non monetary wealth growing.
Keeping the value of cash down helps prop up the value of his non-monetary assets. So why wouldn't he be all for this?
1 person likes this
@crossbones27 (53005)
• Mojave, California
15 Aug 11
Don't you think you are kind of hypocritical on this one. You guys go on forever about protecting the rich. So if it is for monetary wealth don't you think a lot more people would be speaking out. It must just because he is so rich that he is actually speaking the truth. So it is screwing the rich people who want to become wealthy. As Chris Rock said, "I am rich, not wealthy."
@ParaTed2k (22940)
• Sheboygan, Wisconsin
15 Aug 11
Where's the hypocrisy? All I ask of him is to be willing to pay more in taxes voluntarily before he spouts on about how it should be mandatory.
Oh, and btw, I said "Non monetary"
@bobmnu (8157)
• United States
15 Aug 11
If you increase the tax rate on the top 5% it probably would not hurt Buffett much. Most of his income is from Capital Gains and not wages. In this country we tax capital gains lower than wages because the IRS taxes income not wealth.
If Mr Buffett feels so strongly he is free, as you said Para, pay more than he is required to do on the the 1040.
@ParaTed2k (22940)
• Sheboygan, Wisconsin
16 Aug 11
Oh, I think Buffett has already figured out how tax increases on billionaires will net him a healthy increase.
