Posted on 08/15/2011 2:51:20 PM PDT by IbJensen
He is the epitome of someone who doesn't give a fig for the little guy as he knows full well that when his taxes are increased so will everyone's!
comrades:
80% of warren buffet’s entire wealth should be confiscated to support the socialist state.
/s
The treasury department keeps a web site where you can log in and donate money. It accepts any amount you wish to donate. It will all be applied to the debt. If there were a penny’s worth of truth to Buffet’s anxiety to pay more taxes, we’d hear how much he’d donated here.
Furthermore, as the owner, Buffett CHOOSES not to pay himself a salary. He could easily choose to pay himself an income and thus subject himself to the income tax.
He delays income and uses the appreciation of invests.
"Our favorite holding period is forever You only pay income taxes at any rate on realized appreciation.
An investment with a holding period of forever incurs a capital gains tax of 0%, while all along the holder can be getting wealthy from appreciation."
- Warren Buffet
buffett doesn’t take a salary, so avoids income tax. his tax comes from capital gains - a lower rate. he is passing on most of his wealth to charity - avoiding tax that way as well. he says one thing: does another
Hey Warren, if you want to pay higher taxes, it’s simple - Don’t put in for all of those Tax Loopholes! ... A$$hole
He does know he can willingly pay as much as he wants right?
Go ahead yourself Warren-—just contribute more taxes to the US Treasury on your own. Write a big, fat check to Uncle Sham and frame it. You’re sounding more like Jimmy Buffett the older you get.
***...is demanding the U.S. government make the rich like him pay higher taxes...***
You d****ed old fool! You can voluntarily give the government as much as you want above what you are taxed!
Add me to the chorus, until I see him donating to the government and avoid using loopholes and tricks that avoid taxes he can pack sand with the rest of the Friends of Obama.
Of course, he doesn't need the Congress to raise his taxes; he can do it himself. BTW, does Buffet take advantage of any deductions or tax loopholes?
What an idiot. I bet he couldn’t liquidate even $2 billion of that $80 billion.
I keep this piece I posted on Buffet during Christmas in my website because of this phoney’s pronouncements
Mr Potter’s Epiphany
http://www.theusmat.com/
Buffett owns a company that is a major seller of tax advantaged life insurance policies that shift taxable income to minimally taxed estates. Raising income taxes on the rich would spur the demand for such policies and earn lush rewards for Buffett.
On your tax form, don’t they offer the option to volunteer a portion of your money to the federal government?
I’d be interested in seeing those forms of Buffett.
I remember noticing a picture in the paper about 25 years ago of a lovely home on nice acerage that I had driven past many times in Independence Ky.
So I read the article relating that the estate of the owner, a German immigrant had been settled.
He had left his children a nice chunk of change, but in gratitude to his adopted country he had given the bulk of his estate, amounting to many millions to the US Treasury.
I thought even at that time that while extremely noble, he had, sadly, been hoodwinked.
People like that gentleman are always made a monkey of.
There are many more who would do as he did but for the fact they have seen that the jackals in government can always spend it one hundred times faster than an honest man can earn it, and give it.
TIRED OF THESE MORONS AND THEIR PHONY RAISE MY TAXES NONSENSE.
YOU WANT TO WASTE MORE MONEY ON THE GOVERNMENT? WRITE A CHECK!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.