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JP Morgan CEO Dimon: I'll Pay More In Individual Taxes (Reuters useful idiot alert)
Reuters News ^ | Wed Oct 10, 2012 5:52pm EDT | Reporting By Kim Dixon; Editing by Sandra Maler

Posted on 10/10/2012 4:53:24 PM PDT by drewh

The chief executive of JPMorgan Chase & Co, Jamie Dimon, waded into the U.S. fiscal debate on Wednesday when he said he was willing to pay a higher individual tax rate while calling for lower corporate taxes so U.S. business can compete in a global economy.

"I don't mind paying 39.6 percent in taxes," Dimon said in an interview in Washington at the Council on Foreign Relations, backing the Democrats' position. He added he might back an increase in the capital gains tax rate to 20 percent, another proposal by President Barack Obama.

Republicans want to extend low rates that expire on December 31 for all income groups, while Obama and Democrats want to extend the lower rates only for households earning up to $250,000.

Dimon is one of several CEOs lobbying lawmakers to create more certainty around tax and budget issues, as the United States faces a "fiscal cliff" of $600 billion in tax hikes and spending cuts should Congress fail to act by the end of the year.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: New York
KEYWORDS:

1 posted on 10/10/2012 4:53:30 PM PDT by drewh
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To: drewh

Didn’t congress pass the Buffet law? Pay up, you’re more than welcome to pay that, Dimon.


2 posted on 10/10/2012 4:55:16 PM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
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To: Irenic

How about reimbursing the US Treasury all the bonuses Jaime paid out of the first Porkulus bill?


3 posted on 10/10/2012 4:56:32 PM PDT by drewh
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To: drewh

Yes, that would be an excellent start!


4 posted on 10/10/2012 4:57:54 PM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
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To: drewh

Why not just mail extra to the IRS? They would keep his extra “donation”. No one is standing in the way of this idiot or Buffet from paying whatever they wish. They both know that the Muslim will help those who help him so likely they won’t pay more even if taxes are raised on others.


5 posted on 10/10/2012 4:59:28 PM PDT by nclaurel
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To: drewh

The thing is, there’s nothing stopping all the bleeding heart limousine liberals from paying in more taxes than the law requires.


6 posted on 10/10/2012 5:02:20 PM PDT by Sirius Lee (The enemy of the American People? islam and the media)
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To: drewh

The thing is, there’s nothing stopping all the bleeding heart limousine liberals from paying in more taxes than the law requires.


7 posted on 10/10/2012 5:02:37 PM PDT by Sirius Lee (The enemy of the American People? islam and the media)
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To: drewh
http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm#DebtFinance

You can make a contribution online either by credit card, checking or savings account at Pay.gov

You can write a check payable to the Bureau of the Public Debt, and in the memo section, notate that it's a Gift to reduce the Debt Held by the Public. Mail your check to:

Attn Dept G
Bureau of the Public Debt
P. O. Box 2188
Parkersburg, WV 26106-2188

8 posted on 10/10/2012 5:04:53 PM PDT by KarlInOhio (Big Bird is a brood parasite: laid in our nest 43 years ago and we are still feeding him.)
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To: drewh

” “I don’t mind paying 39.6 percent in taxes,” Dimon said in an interview in Washington at the Council on Foreign Relations, backing the Democrats’ position. He added he might back an increase in the capital gains tax rate to 20 percent, another proposal by President Barack Obama. “

Uh huh....okay, raise your hand if you think Dimon paid anywhere near 39.6 % in taxes.


9 posted on 10/10/2012 5:10:30 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: stephenjohnbanker

I assume Dimon has been having his tax preparer calculate his taxes since 09 WITHOUT the “Bush” tax cuts, right?


10 posted on 10/10/2012 5:12:10 PM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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To: nascarnation

Of course. Also, no mortgage, or personal business deductions....charitable deductions....etc.


11 posted on 10/10/2012 5:19:00 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: drewh
you are free to pay as much as you like you stoopid azz you... and you fire your tax accountant and pay what the taxman says for starters
12 posted on 10/10/2012 5:35:42 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: KarlInOhio

Beyootiful! We need to get this link to Dimon-back rattler soon. Surely they have a character in Atlas Shrugged Part Deux that resembles this moron.


13 posted on 10/10/2012 5:35:54 PM PDT by Sioux-san
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To: drewh

He can talk the talk, but can he walk the walk?

Doubtful.


14 posted on 10/10/2012 5:45:50 PM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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*


15 posted on 10/10/2012 6:51:14 PM PDT by PMAS (All that is necessary for the triumph of evil is that good men do nothing)
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To: drewh
"...said he was willing to pay a higher individual tax rate..."

Of course. The monied don't want "the masses" getting uppity when the EBT card doesn't work.

The Kenyan must go.

16 posted on 10/10/2012 7:08:01 PM PDT by ex91B10 (We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
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To: drewh
"...said he was willing to pay a higher individual tax rate..."

Of course. The monied don't want "the masses" getting uppity when the EBT card doesn't work.

The Kenyan must go.

17 posted on 10/10/2012 7:10:24 PM PDT by ex91B10 (We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
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