Amen....they have ALREADY made their money and NONE of it will be taxed like Obama wants middle class AMericans to be taxed.
Grasping at straws.
Absolutely NOT.
However, why is Buffett complaining about NOT paying enough in taxes?? The system WE have (have had for a long time) gives tax breaks for charitable contributions.
If Buffett has SO much humanitarian concern over the fact that he can afford more taxes and is not made to pay them, why doesn't he pick one or two of the very many worthy and needy organizations in this country and hand them a donation? It will satisfy his guilt over having so much money, it will be that much less the gov’t will have to spend on the needy AND it will make him feel so much better!!! I really can't believe he is such an idiot and advises the President.
I LOVE Herman Cain’s 9,9,9 plan
Let’s do that Obambi!!
Well, yes! There is even a name for these misguided people. They're called "Democrats"!
(They also believe in the Tooth Fairy, Santa Claus, the Free Lunch, Renewable Energy and Man-Made Global Warming!)
Follow the....
http://www.campaignmoney.com/finance.asp?type=in&cycle=08&criteria=pritzker&fname=penny
Billionaire business mogul Penny Pritzker is a member of one of Americas richest families and was the Finance Chair for the presidential campaign of Barack Obama. It was Pritzker that led the prolific, and illegal, fundraising that helped power Barack Obamas presidential campaign. She was the chair of Chicago-based Superior Banks board for five years. Pritzker was into subprime lending before it became all the rage starting in around 2000. Prtizker's chairmanship was to concentrate on sub prime lending, principally on home mortgages, but for a while in subprime auto lending, too, after the Pritzkers' bank acquired its wholesale mortgage organization division, Alliance Funding, in December 1992. Superior Bank went belly up in 2001 with over $1 billion in insured and uninsured deposits; 1,406 depositors lost much of their life savings. This collapse came amid harsh criticism of how Superiors owners promoted sub-prime home mortgages. |
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[snip]
...Pritzker is chairman of Classic Residence by Hyatt, luxury senior living communities in 11 states; chairman of The Parking Spot, which owns and operates off-airport parking facilities in nine cities; chairman of the credit data company TransUnion and chairman of Pritzker Realty. She also sits on the board of Global Hyatt and plays a role in numerous non-profit groups, including serving as chairman of the Olympic village portion of Chicagos bid to win the 2016 Summer Games.
http://www.theobamafile.com/_associates/PennyPritzker.htm
He publicly proclaims his call for higher taxes on the "rich" and yet his company has been in court with the IRS fighting over his underpayment on tax returns since 2002.
Why not just pay, in fact pay more than he owes.
Warren Buffet is like so many limo-libs, do as I say, not as I do.
His advise is for the little people, the owners of new small businesses, roofers, and lawn services, painters and small construction companies.
When you drive to The Home Depot or Lowes, you see these hard working small business guys every day, loading their trucks and driving off to their next job.
These are the people that Buffet and obama want to tax.
They have 6 to 60 employees, work 14 hours days, and are inundated with countless reams of government mandated regulations and forms.
This group of small business owners are the heart of America's jobs and it's easy to see why this communist President wants to penalize them.
Paul Ryan very effectively rebutted the entire Obama philosophy, on FNS yesterday.
Taxing job makers to justify more spending is failed policy and will continue to fail.
Chris Wallace used every Obama talking point and Ryan blasted them one by one.
Such a plan would strike at the heart of mostly lib democrats like Buffet and Gates who use the dodge to avoid estate and capital gains taxes as they lobby for higher income taxes that they will never pay. Obie and the lib Senate would be forced to come to the protection of their financiers.
When Warren found out he was paying a lesser percentage than his secretary (because he arranged it that way of course), why didn’t he immediately send a huge check to the feds to make up for it? What a revoltin’ hypocrite.
Tax all assets at 1.5%, and you can eliminate all other federal taxes (including payroll).
Let the billionaires pay.
This plan creates a new definition of NIMBY.