Warren Buffett calls for a minimum tax on the wealthy

Toggle sidebar Toggle sidebar
D

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
11-26-2012

http://news.yahoo.com/warren-buffett-calls-minimum-tax-wealthy-143453119--business.html


Warren Buffett calls for a minimum tax on the wealthy


Warren Buffett, the legendary investor who changed the debate about U.S. tax reform in 2011 with a call for the rich to pay more, is now calling for minimum tax rates for millionaires.

In a New York Times editorial printed on Monday, Buffett suggested Congress move immediately to implement minimum taxes of 30 percent on incomes of $1 million to $10 million and 35 percent above that.

"A plain and simple rule like that will block the efforts of lobbyists, lawyers and contribution-hungry legislators to keep the ultra rich paying rates well below those incurred by people with income just a tiny fraction of ours," Buffett wrote.


"Only a minimum tax on very high incomes will prevent the stated tax rate from being eviscerated by these warriors for the wealthy," he added.
 
G

Genx87

Lifer
Apr 8, 2002
41,091
513
126
dmcowen674 said:
Hopefully this hits 100% of the 1%ers that brag and post in here.
Click to expand...

You mean like Shira who proclaims to be part of the 1% and wants Obamacare so he can retire early? You know, so the middle class can pick up his health costs while he spends his millions?

Or like Phokus who lives in one of the richest counties in the country and wants everybody else to pay more taxes?

I like where this is going. I will personally deliver the tax bill to both of these if this passes free of charge.
 
Atreus21

Atreus21

Lifer
Aug 21, 2007
12,001
571
126
Genx87 said:
You mean like Shira who proclaims to be part of the 1% and wants Obamacare so he can retire early? You know, so the middle class can pick up his health costs while he spends his millions?

Or like Phokus who lives in one of the richest counties in the country and wants everybody else to pay more taxes?

I like where this is going. I will personally deliver the tax bill to both of these if this passes free of charge.
Click to expand...

I'll pay for the stamp.
 
dank69

dank69

Lifer
Oct 6, 2009
37,277
32,848
136
Genx87 said:
You mean like Shira who proclaims to be part of the 1% and wants Obamacare so he can retire early? You know, so the middle class can pick up his health costs while he spends his millions?

Or like Phokus who lives in one of the richest counties in the country and wants everybody else to pay more taxes?

I like where this is going. I will personally deliver the tax bill to both of these if this passes free of charge.
Click to expand...

Atreus21 said:
I'll pay for the stamp.
Click to expand...
I'm sure you won't hear either of them crying about it the way many Republicans cry that some of their tax money is used to feed black children.
 
sactoking

sactoking

Diamond Member
Sep 24, 2007
7,639
2,909
136
A minimum tax on the wealthy already exists and it even has a descriptive name: the Alternative Minimum Tax.

Congress should just concern themselves with fixing the AMT so that it gets back to doing what it was originally intended to do and stop it from having non-consensual rectal relations with middle class homeowners.
 
M

Moonbeam

Elite Member
Nov 24, 1999
74,683
6,736
126
Genx87 said:
You mean like Shira who proclaims to be part of the 1% and wants Obamacare so he can retire early? You know, so the middle class can pick up his health costs while he spends his millions?

Or like Phokus who lives in one of the richest counties in the country and wants everybody else to pay more taxes?

I like where this is going. I will personally deliver the tax bill to both of these if this passes free of charge.
Click to expand...

The purpose of taxes isn't revenge.
 
A

Anarchist420

Diamond Member
Feb 13, 2010
8,645
0
76
www.facebook.com
It's a shame that Warren Buffet has to have govt agents threaten him with jail in order for him to give what he wants to give.

Is he really that inadequate? I hope not... maybe I'm missing something.
 
Doc Savage Fan

Doc Savage Fan

Lifer
Nov 30, 2006
15,456
389
121
dank69 said:
I'm sure you won't hear either of them crying about it the way many Republicans cry that some of their tax money is used to feed black children.
Click to expand...
Republicans now want poor black children to starve? Those fuckers!

Interesting world view...it explains a lot.
 
I

Incorruptible

Lifer
Apr 27, 2012
10,086
58
86
Genx87 said:
You mean like Shira who proclaims to be part of the 1% and wants Obamacare so he can retire early? You know, so the middle class can pick up his health costs while he spends his millions?

Or like Phokus who lives in one of the richest counties in the country and wants everybody else to pay more taxes?

I like where this is going. I will personally deliver the tax bill to both of these if this passes free of charge.
Click to expand...

I knew that there was something wrong with that garbage. He wants others to essentially subsidize him
 
I

Incorruptible

Lifer
Apr 27, 2012
10,086
58
86
Genx87 said:
You mean like Shira who proclaims to be part of the 1% and wants Obamacare so he can retire early? You know, so the middle class can pick up his health costs while he spends his millions?

Or like Phokus who lives in one of the richest counties in the country and wants everybody else to pay more taxes?

I like where this is going. I will personally deliver the tax bill to both of these if this passes free of charge.
Click to expand...

So phokus has finally been exposed for what he is, his taxes need to rise drastically to teach him a lesson
 
M

Moonbeam

Elite Member
Nov 24, 1999
74,683
6,736
126
Doc Savage Fan said:
Moonie, you apparently misunderstood my intent...all I'm asking him to do is think.
Click to expand...

I wanted you to think too. There is the perception by folk on the left that the right is full of bigots and I think that is a real perception, but it doesn't mean that ALL Republicans want black kids to starve. You implied that is what he said. It would seem to me that the logic of the situation would require that you ask him if he thinks all Republicans feel that way as a direct question. Instead, your method seems to poke a finger in his eye.

So, along those lines do you think there isn't an excessive amount of racial bigotry over on the Republican side? I do. I think they make racist appeals all the time in their campaigns.
 
Doc Savage Fan

Doc Savage Fan

Lifer
Nov 30, 2006
15,456
389
121
Moonbeam said:
I wanted you to think too. There is the perception by folk on the left that the right is full of bigots and I think that is a real perception, but it doesn't mean that ALL Republicans want black kids to starve. You implied that is what he said. It would seem to me that the logic of the situation would require that you ask him if he thinks all Republicans feel that way as a direct question. Instead, your method seems to poke a finger in his eye.

So, along those lines do you think there isn't an excessive amount of racial bigotry over on the Republican side? I do. I think they make racist appeals all the time in their campaigns.
Click to expand...
In your opinion, what percentage of Republicans do you think actually want black kids to starve?
 
Matt1970

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Moonbeam said:
I wanted you to think too. There is the perception by folk on the left that the right is full of bigots and I think that is a real perception, but it doesn't mean that ALL Republicans want black kids to starve. You implied that is what he said. It would seem to me that the logic of the situation would require that you ask him if he thinks all Republicans feel that way as a direct question. Instead, your method seems to poke a finger in his eye.

So, along those lines do you think there isn't an excessive amount of racial bigotry over on the Republican side? I do. I think they make racist appeals all the time in their campaigns.
Click to expand...

You really want compare which side is more racist? Are you hoping people won’t remember Democrats elected to have a KKK member lead them in the Senate till 1989. Bigots? Maybe people will forget Obama is an anti-gay bigot.
 
I

Incorruptible

Lifer
Apr 27, 2012
10,086
58
86
Matt1970 said:
You really want compare which side is more racist? Are you hoping people won’t remember Democrats elected to have a KKK member lead them in the Senate till 1989. Bigots? Maybe people will forget Obama is an anti-gay bigot.
Click to expand...

Yes, that pos obama and the democrats are the real bigots
 
You must log in or register to reply here.

TRENDING THREADS

COMPANY
RESOURCES
FOLLOW
Top Bottom