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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
The entire title is:

T. Boone Pickens Has Paid $665 Million in Income Taxes Since Age 70 and It's Not Enough for Mika Brzezinski

1 posted on 12/07/2011 2:28:01 PM PST by Kaslin
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To: Kaslin

The reporter is right, without knowing more numbers we don’t know if that was high or low.


2 posted on 12/07/2011 2:33:40 PM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: DonaldC
The reporter is right, without knowing more numbers we don’t know if that was high or low.

Why should he pay more in taxes just because he makes a lot of money?

3 posted on 12/07/2011 2:37:23 PM PST by SamuraiScot
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To: SamuraiScot

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.


4 posted on 12/07/2011 2:42:02 PM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Kaslin

Do the people he employs pay taxes? How about the people whose companies and jobs wouldn’t exist but for his investments? What about all of us who benefit indirectly from those investments, in the form of the greatest energy infrastructure in the world?

Would Mika have preferred he’d have invested that money in Dubai?


5 posted on 12/07/2011 2:42:24 PM PST by tanuki (O-voters: wanted Uberman, got Underdog....)
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To: Kaslin

What’s a good man like TBP doing talking to the whores at MSNBC anyway?


6 posted on 12/07/2011 2:43:25 PM PST by MichaelCorleone (Stop feeding the beast; if they don't say "Merry Christmas", don't buy.)
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To: Kaslin

i used to love Rush’s commercial announcement “it’s 12noon, time for welfare recipients to get out of bed” i haven’t heard it in a while, though.

They can stay in bed, because of people like Mr. Pickens.


7 posted on 12/07/2011 2:44:38 PM PST by sappy (criminaldems)
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To: Kaslin

Wow. I AM SO FREAKIN’ SICK OF THIS VITRIOLIC SOCIALIST CLASS WARFARE!!!!

Watching GBTV this afternoon... and Glenn named the show...”Watch Glenn’s Head Explode” as he plays back the Presidents “Fair Share” crap speech.


8 posted on 12/07/2011 2:44:48 PM PST by nagdt ("None of my EX's live in Texas")
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To: Kaslin

I paid more than most people make in year and I get up everyday , put my shoulder to the millstone and work hard all day.

I do it because millions of people who are welfare queens depend on me.

And FU if it ain’t fair. I could care less what they canthink. No go eat yer peas....
.
Free loading , fat jazz, intellectual amputees.


9 posted on 12/07/2011 2:45:08 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Kaslin

How many billions did he get in subsidies for his failed wind power “Pickens plan”?

Methinks Pickens is ahead of the game.


10 posted on 12/07/2011 2:45:16 PM PST by calcowgirl ("Sapere Aude!" --Immanuel Kant)
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To: Kaslin
To airhead liberals such as the insufferable, snickering Mika Brzezinski, who dream of living in some fantasy utopia where no one is ever 'rich' and no one is ever 'poor', a human society that has never and will never exist - even if T. Boone Pickens paid a trillion dollars in taxes it wouldn't be enough. It can never be enough because he's rich, you see, and others are not, and, well, that just isn't 'fair'.

Overpaid, no-brain leftist idiots making huge salaries (for talking on TV), living like kings in the greatest country in the world and wanting to see it all disappear in the name of 'fairness'....with folks like them- authoritarian, Marxist fools - in charge, of course. God help us.

11 posted on 12/07/2011 2:45:16 PM PST by Jim Scott
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To: Kaslin

This is one of the most insipid converstaions I’ve ever had the displeasure of hearing. Scarborough and Mika are actually telling Boone that once they get all the figures THEY will determine what Boone gets to keep and IF he paid enough in taxes. Unreal! Cuba, China, Russia makes sense. This is happening in the US!?


12 posted on 12/07/2011 2:45:45 PM PST by albie
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To: tanuki

And a question MIGHT be: What did he get in return for his >$600MM in taxes?

Does he use any of the services he paid for? If so, what percentage of those services’ costs did he pay for? Is it equitable?

And of the folks who received services that he contributed to, what percentage did THEY contribute?

If you’ve paid >$600 million dollars in taxes and don’t use an appreciable amount of the services paid for by those dollars, why does it matter what one has made? How much SHOULD one pay in before it doesn’t matter how much one made?

And how much should the folks getting the services pay in? Anything at all? Or does that even matter?


13 posted on 12/07/2011 2:48:39 PM PST by Chasaway ( Where are we going and why am I in this handbasket?)
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To: tanuki

And a question MIGHT be: What did he get in return for his >$600MM in taxes?

Does he use any of the services he paid for? If so, what percentage of those services’ costs did he pay for? Is it equitable?

And of the folks who received services that he contributed to, what percentage did THEY contribute?

If you’ve paid >$600 million dollars in taxes and don’t use an appreciable amount of the services paid for by those dollars, why does it matter what one has made? How much SHOULD one pay in before it doesn’t matter how much one made?

And how much should the folks getting the services pay in? Anything at all? Or does that even matter?


14 posted on 12/07/2011 2:49:43 PM PST by Chasaway ( Where are we going and why am I in this handbasket?)
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To: albie
"This is one of the most insipid conversations I’ve ever had the displeasure of hearing. Scarborough and Mika are actually telling Boone that once they get all the figures THEY will determine what Boone gets to keep and IF he paid enough in taxes. Unreal! Cuba, China, Russia makes sense. This is happening in the US!?"

You've just had a peek into the mind of a socialist who wants to control you. They are our betters, you see, and we should just submit to their vast superior intellect.....

15 posted on 12/07/2011 2:53:06 PM PST by SW6906 (6 things you can't have too much of: sex, money, firewood, horsepower, guns and ammunition.)
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To: calcowgirl

I don’t think that’s a bad point to make.

Considering the government should not be stealing much of our money at all, I still think Pickens has paid enough.

It’s certainly true his business shouldn’t have been getting public funds, along the same lines. And if his tax payments didn’t pay back more than his business got, I’d like to see him make full restitution, and somewhat more.

I know that’s sort of having it both ways, but it seem reasoned. I don’t want anyone being taxed heavily. I don’t want the government to hand out what tax dollars it gets, the manner they did to Picken’s business.


16 posted on 12/07/2011 2:53:16 PM PST by DoughtyOne (Romney, Newt, any chance whatsoever you might sometime pander to U.S. Citizens vs the illegals?)
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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.

BS. You are saying he didn't pay enough. The fact is 665 million bucks doesn't have to be put into context. That is plenty of taxes over a short period of time regardless of how much he made. The truth of the matter, one that liberals don't want to face, is that if a millionaire pays 10% of a million he is paying the same tax rate as a person who makes 20,000 per year and pays 10%(10% not being a real tax rate but I am using it for an example). 10% of one million is a he** of a lot more than 10% of 20,000. There should be no progressive income tax, in fact there should be no income tax at all. Things ran just fine in this country for over 100 years without one until the people stupidly allowed a constitutional amendment to "tax the rich people's income" which rapidly became a tax on every one's income.

17 posted on 12/07/2011 2:59:58 PM PST by calex59
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To: Kaslin
Every time he's on TV he says that the rich should pay their fair share. I don't know what "fair share" is.

The answer is easy: to paraphrase the old CCR song, when Pickens asks, how much he should pay, Obama's only answer is "more, more, more, more."

18 posted on 12/07/2011 3:03:04 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: Chasaway

Hadn’t thought of that angle. Well put!


19 posted on 12/07/2011 3:05:00 PM PST by tanuki (O-voters: wanted Uberman, got Underdog....)
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To: DonaldC

Call me crazy, but I think we should be grateful to any old duffer who makes so much money after age 70 that he’s paid in $655M in tax.

Cause what ever he’s making, it’s employing people who are supporting their families and also paying taxes.

He could just quit making money and play golf until he dies.


20 posted on 12/07/2011 3:06:41 PM PST by Valpal1 (Worst tyranny is to force a man to pay for what he does not want because you think it good for him.)
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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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To: Jim Scott

I find it interesting that the liberals only complain about rich business people not paying their “fair share.” Yet they NEVER complain about actors or pro sport athletes shirking their tax responsibility. Somehow those two pet constituencies are exempt from the criticism.


41 posted on 12/07/2011 4:10:34 PM PST by Josa
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To: Clock King
Well she looks like a dumb blonde if you ask me.


42 posted on 12/07/2011 4:11:43 PM PST by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: DonaldC
the RATS are tricky...they get us to join into a discussion that really shouldn't be happening.

We join in, it gives the subject credence. don't buy into the fair share crap.

He didn't need to provide more info. did he pay what he was suppose to pay under the current law ? be it 5 bucks or 5 billion ? ..If so, end of discussion.
43 posted on 12/07/2011 4:40:06 PM PST by stylin19a (obama - "FREDO" smart)
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To: WOBBLY BOB; PALIN SMITH; DoughtyOne
Thanks for the links, Wobbly. TBP has been filling his pockets with taxpayer money for decades. He sets up companies to receive the subsidies for energy follies, pays himself millions, then brags about paying taxes. What a guy!

Congress gives your money to T. Boone Pickens [Green scam alert]

Pickens' Pulls Plug on Major Windmill Project: Turns Out to Be All Hot Air

44 posted on 12/07/2011 7:21:25 PM PST by calcowgirl ("Sapere Aude!" --Immanuel Kant)
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