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T. Boone Pickens Has Paid $665 Million in Income Taxes Since Age 70
Rush Limbaugh ^ | December7, 2011 | Rush Limbaugh

Posted on 12/07/2011 2:27:50 PM PST by Kaslin

BEGIN TRANSCRIPT

RUSH: Here's Boone Pickens. He was on MSNBC this morning on Scarborough's show. They had a discussion about Obama's speech. Scarborough said, "You have a question about the president's speech? What's your question about it?"

PICKENS: The president is confusing me. Every time he's on TV he says that the rich should pay their fair share. I don't know what "fair share" is. That's what's bothering me. I always want to be fair, and historically I've been a very fair guy. I'm 83. I still go to work in the morning at eight o'clock. I have 150 people work for me, and someplace in here I feel like I'm letting the country down.

RUSH: No, you don't feel like you're letting the country down, Boone. You're being told that you're letting the country down. You're being told that it's unfair. You're being told that you are behaving improperly. Scarborough said, "Warren Buffett pays like 18%, 17% of what he makes in taxes. Is that fair? Should he pay 35%? What should he pay?"

PICKENS: After I was 70 years old, I paid $665 million in taxes. Is that fair?

BRZEZINSKI: (snickering) I don't know how much you made, Mr. Pickens. (giggling) Why don't you give me the full numbers?

PICKENS: You feel like I'm not paying my fair share, after $665 million and I'm over 70 years old?

BRZEZINSKI: (snickering) Sir, with all due respect --

PICKENS: Okay.

SCARBOROUGH: That's pretty good.

BRZEZINSKI: -- it depends on what you make.

RUSH: "It depends on what you make." "With all due respect, sir, it depends on what you make." Our good old buddies at NBC. Boone Pickens paid $665 million in taxes in the last 13 years -- just since he turned 70 -- and that is not enough, not enough to determine whether or not it was fair. See, because we don't know how much he made -- and unless he admits how much he made, then we can't possibly determine whether or not it's fair. In other words, he may have to pay more just so these schlubs on this worthless network can be satisfied.

END TRANSCRIPT


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: 1percenter; brzezinski; leftwingenvy; msnbc; tboonepickens
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To: Kaslin

I am not a millionaire and probably will never be one. But if a millionaire or billionaire made his or her money without relying on crony capitalism, I say God Bless them. According to the Dems, I am one of those dumb, ignorant middle class people who don’t realize that I should demand that the rich pay every single penny of their income above $200,000 to the government so that the government can turn around and give me a handout. Or allow me to live off the public teet. I guess I’ll never learn. Or I’m a racist. One of the two.


21 posted on 12/07/2011 3:07:07 PM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Kaslin

Hold on just a freaking minute. TBP is a highly successful guy who has paid well over a half a billion dollars in taxes, yet he goes on a show with a bunch of leftist talking heads to whine about whether its ENOUGH? What kind of Texan publically whines about his uncertainty regarding his HUGE tax bill? I used to have a great deal of respect for this man until he began groveling to Obama’s rhetoric and the Occupy parasites. He sounded like a broken man I wonder how many others may also fold rather than fight the leftist horde.


22 posted on 12/07/2011 3:09:28 PM PST by Hacklehead (Obama is a disgusting America hating Marxist pig.)
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To: calex59

It is clear what I am saying so quit putting words in my keyboard. I don’t care much for the progressive tax either because if 10% is enough for God, it should be enough for the gov but progressive is what we have. How it worked for 100 years before the income tax was tariffs, and we know how folks around here hate that. The fact of the matter is, we have a bloated gov involved in everything from social engineering to worthless wars and it has to be funded somehow or cut. The problem is folks want more than they are willing to pay for, on both sides of the isle.

Pickens threw the number out there and did not provide enough information to show how he is or is not being screwed. I don’t care if he is 100, if he is raking in billions, then yes, in the current system he is paying millions.


23 posted on 12/07/2011 3:09:39 PM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Kaslin

he should have said....”I make a lot less than G.E. makes”


24 posted on 12/07/2011 3:13:50 PM PST by BookmanTheJanitor
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To: DonaldC
If I were T. Boone I would have answered I paid more % in taxes than your employer did last year. Mika what should GE/MSNBC pay in taxes in profits over 5 Billion did you employer paid its fair share?

Why don't you rail about GE, Mika?

25 posted on 12/07/2011 3:13:55 PM PST by scooby321
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To: SamuraiScot

Until Mika reveals her taxes and income she does not have a right to ask someone else how much they make and tax they pay.


26 posted on 12/07/2011 3:17:05 PM PST by depressed in 06 ( Where is the 1984 Apple Super Bowl ad when we need it?)
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To: Kaslin

The progressive tax system is NOT FAIRNESS. Fairness is everyone being taxes at the same PERCENTAGE of their income. THAT is the epitome of fairness. Just because one person has more than he needs is not justification to take it from him.


27 posted on 12/07/2011 3:17:43 PM PST by Hacklehead (Obama is a disgusting America hating Marxist pig.)
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To: BookmanTheJanitor

“he should have said....”I make a lot less than G.E. makes”

He wasn’t there to defend himself, he went looking for approval since he felt guilty that he might not be paying his fair share. Pathetic and frightening at the same time.


28 posted on 12/07/2011 3:21:22 PM PST by Hacklehead (Obama is a disgusting America hating Marxist pig.)
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To: nagdt

Same here. Had an argument with a co-worker today, he was complaining about healthcare company CEO’s making tens of millions and yet his premiums kept going up. I asked him how much he made, he said it was none of my business. I said, well it’s too much, I think someone should just arbitrarily decide how much he makes to somehow make it ‘fair’. Argued on about it... still didn’t see the light.


29 posted on 12/07/2011 3:23:23 PM PST by Made In The USA (This post may be recorded for quality purposes.)
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To: Kaslin

Boone, when you are down to a tent, a backpack some stinky clothes things will be just right.

And I see some class envy in the comments even here on FR. Disgusting.


30 posted on 12/07/2011 3:24:06 PM PST by SaxxonWoods (....The days are long, but the years are short.....)
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To: DonaldC
"I’m not saying he should or should not pay more, just that we don’t have enough facts to put the number he offered up in context."

WHAT should he pay more FOR??? NO ONE asks that question. What do they "need" the money for? And, another thing, the rich ARE paying their fair share already! Aren't the the ones that are creating jobs and hiring people, and PAYING those people?? The government isn't - the rich are. So, they ARE paing their fair share!

31 posted on 12/07/2011 3:24:27 PM PST by jackibutterfly (The American Constitution was made only for a moral and religious people.)
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To: scooby321

“If I were T. Boone I would have answered I paid more % in taxes...”

yea, I wondered why he did not give a percentage either, but msnbc would probably not have been happy if it was under 50% or something. I agree with other posters though, this class warfare is not getting the country anywhere. And once the economy gets better, it will die down just like the immigration debate usually does.


32 posted on 12/07/2011 3:25:44 PM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Kaslin

As far as I am concerned; he can keep his $665 million...he can put it to better use than those satanic thieves in Washington.


33 posted on 12/07/2011 3:32:44 PM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: Kaslin

Mika is paid to sit there and look like a pretty MILF. No brains required, so it is impossible for her to understand that others have to actually produce something for their money.


34 posted on 12/07/2011 3:43:11 PM PST by Clock King (Ellisworth Toohey was right: My head's gonna explode.)
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To: calex59

Dam straight. I get confused for the little BS things I have pay. tax here, fee there, not allowed.

He’ll, it costs a lot of loot just trying to pay what they demand from me.

I swear some days I wanna chuck it and just not get out of bed, til I feel like it.


35 posted on 12/07/2011 3:46:18 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: calex59

Dam straight. I get confused for the little BS things I have pay. tax here, fee there, not allowed.

He’ll, it costs a lot of loot just trying to pay what they demand from me.

I swear some days I wanna chuck it and just not get out of bed, til I feel like it.


36 posted on 12/07/2011 3:46:58 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: calcowgirl
"How many billions did he get in subsidies for his failed wind power “Pickens plan”?"

Listen closly to T. Boone Pickens at a forum in East Hartford, CT hosted by Rep. John Larson, D 1st CD.

The wind blows free, but the taxpayer foots the bill for the spin.

This was two years ago.

Add up all the graft and fraud paid out since then!!

37 posted on 12/07/2011 4:00:18 PM PST by PALIN SMITH (In a time of universal deceit, telling the truth is a revolutionary act.)
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To: Opinionated Blowhard
But if a millionaire or billionaire made his or her money without relying on crony capitalism....

T Boned Chickens doesn't seem to fit in that category:

http://www.freerepublic.com/focus/f-news/2289711/posts http://www.freerepublic.com/focus/f-news/2287614/posts

38 posted on 12/07/2011 4:02:42 PM PST by WOBBLY BOB (Congress: Looting the future to bribe the present.)
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To: DonaldC
Is equal treatment to you defined as the more you make the higher percentage of your income you should pay?

Why should anyone be taxed at a higher percentage rate than another? To me this is not fair (and I'm not anywhere in the same universe as the top one percent of wage earners).

I'm one of the 53 percent that has paid income tax for the last 48 years. I even paid tax when I made 65 cents per hour for a 40 hour week. Russia rebounded from communism by passing a flat tax, why not us. Of course I would really prefer the Fair Tax.

39 posted on 12/07/2011 4:02:52 PM PST by Yulee (Village of Albion)
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To: Chasaway

Well put. Bill Gates pays billions in taxes, so that the government can build roads, run schools, pay policemen and firemen, and provide $ for the needy. But what does he get for his billions? He probably never uses the police, or calls the fire dept. His kids go to private schools, and he can’t possibly use all of the highways he’s paid for. Other people benefit from HIS taxes. If liberals got their way, and took all of Gates’ or Picken’s money, there’d be no money for any of their pet projects the very next year. They don’t grasp the concept of killing the golden goose.


40 posted on 12/07/2011 4:06:28 PM PST by boop ("Let's just say they'll be satisfied with LESS"... Ming the Merciless)
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