Posted on 06/26/2006 7:11:10 PM PDT by AmericanMade1776
I'm not holding my breath. Another virus, the common cold, cannot be stopped despite the unimaginable billions that would flow to whatever company invented that drug.
As with the cold virus, the way to stop AIDS is with prevention. I guess it's just too politically incorrect for the Gateses and Warren to go around the developing world encouraging hygienic behavior. Their compassion apparently has its limits, and one of those limits seems to be not offending the leftist lobbies by violating their AIDS dogmas. Suffering poor be damned.
i'm with you 101%.
The super wealthy don't pay estate tax. They pass their wealth to their family through foundations. Creep.
"that man still sickeningly pontificates about "not giving incredible head starts to certain people who were very selective about the womb from which they emerged".
I don't think either Buffett or Gates exactly came from impoverished backgrounds, either.
Gates lucked out by snaring IBM with his buggy, inferior OS, then copied Apple's Mac OS, and has coasted ever since. IBM has since wised up and run from Windows as fast as they can. Buffett has specialized in investing in cash cows created by someone else, and protected by government. He's probably closer to a Soros type than to a real entrepreneur.
JIMMY Buffet???
ROFLMAO!!!!!
Yes, indeed.
His motto seems to be "I upped MY wealth. Up yours!"
Bill Gates' Dad was a regent at the University of Washington. Long-time law professor, I believe.
I don't trust that family, either, and "We" already eradicated malaria. Something called "DDT". Now Little Rich Bill wants all the glory of a Greener way of doing it, while thousands still die.
[Not blaming him, of course, but, like all other Global problems, the etiology is an unaccountable "public" sector]
Neither does Warren Buffet, owner of Berkshire Hathaway. Isn't Jimmy Buffet the No.1 Parrothead?
And WARREN seems to be a BIRD BRAIN.
Perhaps they ARE related?
I don't see how an estate tax is any more ridiculous than any other tax.
Well, a million bucks isn't what it used to be. Seems to me the easy fix is to raise the exemption limit from it's current level to something more in line with modern times. Make the estate tax exempt up to 10 million.
It's ridiculous because you've already paid taxes on the accumlation of tangible assets.
For example: you buy a gold coin for a buck. You sell it for two bucks, say, five years later. You have to record that Capital Gain, and pay a tax based on that market exchange. While your buck turned into two bucks (for you), fat Uncle Sam gets to turn around and tax that same asset again, while not giving a tax credit for asset losses.
Suppose, after selling that coin for cash, you want to leave the Legal Tender to your children/heirs. Fat Uncle Sam, in many cases, wants 55 cents on the dollar.
I oversimplified, but you get it.
Thank you.
I will take that as a binding legal contract and my attorney shall contact you upon my death so that you may help defray the estate tax cost to my estate. ;-)
Jim Carrey is just annoying to me so I never saw the movie.
And if done properly, aren't such donations also deductible against income tax?
What is the real purpose of the Bill Gates Foundation? Is the purpose to perform charitable functions, or is the purpose to provide a source of income for people whom Gates and his heirs favor, as well as a source of money to advance those causes they favor, all while ensuring that the money in question dodges the taxman unless or until it's paid out as ordinary income to the Foundation's employees?
But that's not much different than most other taxes. Any income I earn gets taxed. And then when I go spend it, it gets taxed again. If I invest it and make money, that gain gets taxed. If I earn money, invest it and realize a gain, then take my gain and spend it on something, it's already been taxed 3 times. Not saying I like it, but I don't get what's so special about an estate tax that it desperately needs cutting. Why is it so much worse than any other tax?
I don't know what the "real purpose" is any more than you do.
BINGO! I've read that "reproductive freedom", translation: abortion on demand is one of his pet causes, along with nuclear disarmament.The guy's a warmed over Soros, IMHO.
AIDS is not a virus.
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