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Warren Buffett calls for a minimum tax on the wealthy

D

dmcowen674

No Lifer
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.
 
dmcowen674 said:
Hopefully this hits 100% of the 1%ers that brag and post in here.
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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.
 
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.
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I'll pay for the stamp.
 
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.
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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.
 
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.
 
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.
 
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.
 
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.
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Republicans now want poor black children to starve? Those fuckers!

Interesting world view...it explains a lot.
 
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
 
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
 
Doc Savage Fan said:
Moonie, you apparently misunderstood my intent...all I'm asking him to do is think.
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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.
 
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.
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In your opinion, what percentage of Republicans do you think actually want black kids to starve?
 
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.
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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.
 
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.
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Yes, that pos obama and the democrats are the real bigots
 
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