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11-30-2012, 09:55 PM
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#1
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Account Disabled
User ID: 125890
Join Date: Mar 13, 2012
Location: USA
Posts: 701
My ECCIE Reviews
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Why Does Warren Buffet Want to Pay More?
Think about this. Warren Buffet is on the top list of one of the most richest Americans. He has offered to pay his fair share of his income taxes, and doesn't even flinch. What makes Boehner think he has it right...tell me? If you look at the CNN graph, the deficit was caused mainly by the Bush tax cuts to the richest of Americans and the wars (which we started, by the way).
People, let's get smart...lol!!! Makes me laugh.
Another pic for the Warren Buffet guys! ![Beer](https://cdn-w.eccie.net/images/smilies/modern/beer.gif)
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11-30-2012, 10:08 PM
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#2
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Account Disabled
Join Date: Apr 1, 2009
Location: TBD
Posts: 7,435
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Quote:
Originally Posted by HoustonMilfDebbie
Think about this. Warren Buffet is on the top list of one of the most richest Americans. He has offered to pay his fair share of his income taxes, and doesn't even flinch. What makes Boehner think he has it right...tell me? If you look at the CNN graph, the deficit was caused mainly by the Bush tax cuts to the richest of Americans and the wars (which we started, by the way).
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Think about this. I don't want to pay more. And my one vote offsets Warren Buffett's one vote. So, we're even.
We started "the wars"? Really? Well, maybe Iraq. But I kind of think Afghanistan had it coming after 9/11. Those illiterate, misogynistic, homophobic bearded monkeys aided and abetted Al Qaeda. So, fuck them.
Quote:
Originally Posted by HoustonMilfDebbie
People, let's get smart...
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You first.
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11-30-2012, 10:13 PM
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#3
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Valued Poster
Join Date: Jan 4, 2010
Location: Stillwater, OK
Posts: 3,631
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yea, where is the "graph"
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11-30-2012, 10:38 PM
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#4
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Account Disabled
Join Date: Feb 8, 2011
Location: Louisiana
Posts: 3,979
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I would say the deficit is the result of criminal behavior not tax cuts.
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11-30-2012, 10:57 PM
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#5
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You want the graph? I will find it for you...just wait wait a minute!
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11-30-2012, 11:01 PM
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#6
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Here is some information on how Bush tax cuts caused the deficit:
http://www.huffingtonpost.com/2011/0..._n_864812.html
It's math, simple math, and don't tell me that the richest 1 percent doesn't pay their fair share...I worked for a very good tax attorney. They do not pay the same percentage "income wise" that a middle class earner pays...I know that because I paid more "percentage wise" than my boss (an attorney).
How do you like them facts???
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11-30-2012, 11:08 PM
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#7
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Valued Poster
Join Date: Jun 12, 2011
Location: Olathe
Posts: 16,815
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Deb, do you know the difference between income and wealth? The democrats hope you don't. Warren Buffet is talking about paying income tax which is a very small part of his wealth. He can do offsets, hide money, do charitable giving, and many other things to reduce his income. He still maintains billions is wealth. Any money he makes from his investments are not income so they are taxed much lower. The only people that get hurt by the income tax are those trying to transition from middle class to rich. There is truth in the statement that the first million is the hardest. Once you get wealthy then you have options not open to the rest of us and your tax bill goes down.
Think of this, you Deb work hard your whole life and you invest heavily. You get lucky and you also invest smart. You pay over a third of your income in taxes (federal, state, city, and county). At long last you find you have amassed over $2 million. Congratulations! You're rich and it only took you 20 years to get there. Now you put your money in investments and stop working. You were smart again and your investments gross about $100,000 a year. That is not income. It is taxed at 15% and not 38%. Do you feel bad because of that? Remember, that money already got taxed when you make it (in a legitimate profession). So now it gets taxed again. Do you really feel that you should pay more?
Let me ask you about the spending? That curve in the graph is spending. It is going up pretty fast under Obama. If you had to take a pay cut doesn't it make sense to start spending less? Obama doesn't believe that. He is spending us into bankruptcy. Don't think that can happen? Study history and look at Greece. Bush spent too much but he does have somewhat of a reason; he was fighting terrorism which included two wars, new armored humvees, new armored vehicles, new aircraft (drones), new command centers around the world. Obama hasn't signed any big military contracts for ships, planes, or armor. Bush did the hard work and Obama is trying to take the credit. It takes years to build a ship and longer to finance it. Look at the carriers being built right now. They were approved almost ten years ago. It is like a highway up here. It was started in 2007 (Bush was president) and finished last year. Biden came down to talk about how much Obama was doing??? It was a Bush project and Obama wanted credit.
The Bush tax cuts did not cause the recession. How did something that was in place for almost seven years before the bubble popped and was resigned by Obama twice cause this problem? The housing bubble burst pulling billions out of the economy. People started losing their jobs. People who aren't working are paying less in taxes. Millions are not paying the taxes that they used to. That is how you increase revenue (like JFK and Ronald Reagan), you increase the number of people working and they pay taxes.
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11-30-2012, 11:13 PM
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#8
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Account Disabled
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Join Date: Mar 13, 2012
Location: USA
Posts: 701
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Quote:
Originally Posted by JD Barleycorn
Deb, do you know the difference between income and wealth? The democrats hope you don't. Warren Buffet is talking about paying income tax which is a very small part of his wealth. He can do offsets, hide money, do charitable giving, and many other things to reduce his income. He still maintains billions is wealth. Any money he makes from his investments are not income so they are taxed much lower. The only people that get hurt by the income tax are those trying to transition from middle class to rich. There is truth in the statement that the first million is the hardest. Once you get wealthy then you have options not open to the rest of us and your tax bill goes down.
Think of this, you Deb work hard your whole life and you invest heavily. You get lucky and you also invest smart. You pay over a third of your income in taxes (federal, state, city, and county). At long last you find you have amassed over $2 million. Congratulations! You're rich and it only took you 20 years to get there. Now you put your money in investments and stop working. You were smart again and your investments gross about $100,000 a year. That is not income. It is taxed at 15% and not 38%. Do you feel bad because of that? Remember, that money already got taxed when you make it (in a legitimate profession). So now it gets taxed again. Do you really feel that you should pay more?
The Bush tax cuts did not cause the recession. How did something that was in place for almost seven years before the bubble popped and was resigned by Obama twice cause this problem? The housing bubble burst pulling billions out of the economy. People started losing their jobs. People who aren't working are paying less in taxes. Millions are not paying the taxes that they used to. That is how you increase revenue (like JFK and Ronald Reagan), you increase the number of people working and they pay taxes.
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Okay, fantastic...get me a job that pays one hundred thousand per year in perks!!!
Yeah, tell me about it...most of the working class can see right through you.
Good luck next time.
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11-30-2012, 11:34 PM
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#9
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Account Disabled
Join Date: Feb 8, 2011
Location: Louisiana
Posts: 3,979
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Quote:
Originally Posted by HoustonMilfDebbie
Here is some information on how Bush tax cuts caused the deficit:
http://www.huffingtonpost.com/2011/0..._n_864812.html
It's math, simple math, and don't tell me that the richest 1 percent doesn't pay their fair share...I worked for a very good tax attorney. They do not pay the same percentage "income wise" that a middle class earner pays...I know that because I paid more "percentage wise" than my boss (an attorney).
How do you like them facts??? ![Beer](https://cdn-w.eccie.net/images/smilies/modern/beer.gif)
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Nice colorful graph. See the gray area thats labeled " Other Debt" guarantee thats where the criminal part is. The War in the Middle East is too. .
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12-01-2012, 12:07 AM
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#10
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Account Disabled
Join Date: Apr 1, 2009
Location: TBD
Posts: 7,435
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Quote:
Originally Posted by HoustonMilfDebbie
How do you like them facts???
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I don't know.
I can't find one in your post.
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12-01-2012, 12:23 AM
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#11
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That's because I told the truth and they locked the post.
Get that??
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12-01-2012, 12:25 AM
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#12
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Well, guess I didn't make enough Cowboys mad...but then I am not really trying to!
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12-01-2012, 12:25 AM
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#13
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Account Disabled
Join Date: Apr 1, 2009
Location: TBD
Posts: 7,435
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Quote:
Originally Posted by HoustonMilfDebbie
That's because I told the truth and they locked the post.
Get that??
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Who locked what?
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12-01-2012, 12:28 AM
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#14
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Account Disabled
Join Date: Apr 1, 2009
Location: TBD
Posts: 7,435
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Quote:
Originally Posted by HoustonMilfDebbie
Well, guess I didn't make enough Cowboys mad...but then I am not really trying to!
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WTF??
Looks like someone is engaging in a little recreational chemistry...
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12-01-2012, 12:30 AM
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#15
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Account Disabled
User ID: 125890
Join Date: Mar 13, 2012
Location: USA
Posts: 701
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Quote:
Originally Posted by ExNYer
I don't know.
I can't find one in your post.
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I don't have anything against men...I just have an issue with someone who can't argue with me intelligently, please!!
If I was not drinking Vodka tonight and did not know how to spell, you would not see this picture...and have a Good Night...without Me, of course... ![Love](https://cdn-w.eccie.net/images/smilies/modern/love.gif)
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