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10-02-2011, 07:55 AM
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#1
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Account Disabled
Join Date: Jan 3, 2010
Location: Here.
Posts: 13,781
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Buffet Bitchslaps Barack !
Yep; the Oracle of Omaha, Warran Buffet thinks Obama's jobs plan and tax hikes on Americans is bad policy....
This is funny stuff; afterall Obama has been calling his plan the "Buffet Rule."
Buffet thinks only the Uber-Wealthy should pay more in taxes; Obama wants middle class Americans to "pay their fair share"............Obama plans to raise taxes on those hoseholds making more than $50,000/year...
Buffet says Obama's tax plan is destructive economic policy and thinks only households making more than $50 million/year ...............
More Obama phonytales to follow....... !
http://abcnews.go.com/blogs/politics...to-ultra-rich/
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10-02-2011, 09:13 AM
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#2
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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You can't even quote your own link correctly. Buffet said the tax should apply tp about 50k people. Not people making 50k. Good lord.
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10-02-2011, 09:35 AM
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#3
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Account Disabled
Join Date: Dec 23, 2009
Location: Central Texas
Posts: 15,047
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Quote:
Originally Posted by WTF
You can't even quote your own link correctly. Buffet said the tax should apply tp about 50k people. Not people making 50k. Good lord.
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Reading comprehension has never been Whrly's strongsuit!
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10-02-2011, 10:32 AM
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#4
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Valued Poster
Join Date: Oct 7, 2010
Location: United States of California
Posts: 1,706
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Thanks guys, for saving me the time to read it
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10-02-2011, 10:43 AM
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#5
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Account Disabled
Join Date: Jan 3, 2010
Location: Here.
Posts: 13,781
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Nice attempt to confuse and distort what Buffet actually said: here is the quote (4th paragraph for you Obama dumbies):
"Later on CNBC, Buffett said if it were up to him, people earning $50 million would not see any tax increases, only people who “make a lot of money and pay a very low tax rate, like me.”
Good lord you can't even intelligently counter printed words..
Go back to remedial classes and the short bus BigTex, WTF and Waverunner !
You guys are so predictable when it comes to the facts - you lie and distort your way around them.
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10-02-2011, 10:55 AM
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#6
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Account Disabled
Join Date: Jan 3, 2010
Location: Here.
Posts: 13,781
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You can't even quote My Thread correctly (dumbass)!
My OP says Obama's tax plan will apply to those households making $50 K and more;
The ABC News article clearly states Buffet believes only a tax on the urber wealthy is appropriate = those making $50 million or more............. alot of day light between Buffet and Obam's Buffet Rule !!!!!
Your a dumbshit WTF; can't read english i guess.
Quote:
Originally Posted by WTF
You can't even quote your own link correctly. Buffet said the tax should apply tp about 50k people. Not people making 50k. Good lord.
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10-03-2011, 07:00 AM
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#7
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Valued Poster
Join Date: May 3, 2011
Location: Out of a suitcase
Posts: 6,233
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Quote:
Originally Posted by WTF
You can't even quote your own link correctly. Buffet said the tax should apply tp about 50k people. Not people making 50k. Good lord.
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This statement is correct. See below.
Quote:
Originally Posted by Whirlaway
Nice attempt to confuse and distort what Buffet actually said: here is the quote (4th paragraph for you Obama dumbies): And of course you ignored the 3rd paragraph. See below.
"Later on CNBC, Buffett said if it were up to him, people earning $50 million would not see any tax increases, only people who “make a lot of money and pay a very low tax rate, like me.”
Good lord you can't even intelligently counter printed words..
Go back to remedial classes and the short bus BigTex, WTF and Waverunner !
You guys are so predictable when it comes to the facts - you lie and distort your way around them. You are so predictable when you get caught lying. Claim the other side is lying, produce statements that have nothing to do with the subject matter being questioned in an attempt to confuse people and divert attension from your lie.
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This is the 3rd paragraph. Most people read it right before reading the 4th one.
It isn’t [my idea] to have the rich pay more taxes. It’s to have the ultra-rich pay more,” he said, according to The Hill. “What I’m talking about would probably apply to 50,000 people in the country.”
So WTF was correct. You were wrong........again.
Good lord you can't even intelligently counter printed words..
Go back to remedial classes and the short bus BigTex, WTF and Waverunner !
You guys are so predictable when it comes to the facts - you lie and distort your way around them.
So tell us. Is it drugs or is this the way you really are?
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10-03-2011, 07:17 AM
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#8
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Valued Poster
Join Date: May 3, 2011
Location: Out of a suitcase
Posts: 6,233
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Quote:
Originally Posted by Whirlaway
You can't even quote My Thread correctly (dumbass)! He said you can't quote your own link. He made no attempt to quote your thread.
My OP says Obama's tax plan will apply to those households making $50 K and more; This "info" does not appear in the article. It doesn't because it doesn't appear in the new tax plan.
The ABC News article clearly states Buffet believes only a tax on the urber wealthy is appropriate = those making $50 million or more............. alot of day light between Buffet and Obam's Buffet Rule !!!!!
Your a dumbshit WTF; can't read english i guess.
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What a douche bag.
Add in the lie about a tax increase on $50000 and you end up being a lying douche bag who can't think.
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10-03-2011, 08:21 AM
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#9
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Fundamentally, Obama’s so called “Buffett Rule” would raise taxes on millionaires ($250,000 =’s $1,000,000: “fuzzy math”?) making $250,000 and more. Buffet, on the other hand, is clarifying his original statement made some weeks ago, by explaining he thinks the “ultra-rich” – those making more than $50 million per year in investment income – should have their taxes raised. Yeah, there’s a lot of daylight between what Buffett says he meant and what Obama is saying.
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10-03-2011, 09:32 AM
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#10
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Valued Poster
Join Date: May 3, 2011
Location: Out of a suitcase
Posts: 6,233
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Quote:
Originally Posted by I B Hankering
Fundamentally, Obama’s so called “Buffett Rule” would raise taxes on millionaires ($250,000 =’s $1,000,000: “fuzzy math”?) making $250,000 and more. Buffet, on the other hand, is clarifying his original statement made some weeks ago, by explaining he thinks the “ultra-rich” – those making more than $50 million per year in investment income – should have their taxes raised. Yeah, there’s a lot of daylight between what Buffett says he meant and what Obama is saying.
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The “Buffet Rule” is one aspect of the tax package. It is aimed mostly at investment income. It has nothing to do with people who make $250000. Another part of the plan is letting the Bush tax cuts expire. This is the part that would increase the taxes paid by the $250000 and above people.
“Illustrating Obama's populist pitch on taxes, he also suggested that Congress establish a minimum tax on taxpayers making $1 million or more in income. The measure – the White House calls it the "Buffett Rule" for billionaire investor Warren Buffett – is designed to prevent millionaires from taking advantage of lower tax rates on investment earnings than what middle-income taxpayers pay on their wages.”
http://www.huffingtonpost.com/2011/09/19/obama-deficit-plan-buffet-rule-taxes-medicare_n_969403.html
The LA Times says Buffet did not comment on the Obama plan. He said what his position was on the numbers he had quoted earlier.
“More than anything, while interviewed on the floor of the New York Stock Exchange, he took a pass on commenting on Obama’s plan at all.”
http://articles.latimes.com/2011/sep/30/news/la-pn-buffett-obama-20110930
Here are some taxes due numbers for different brackets.
The tax increase on $300K is $1100.
The taxes on $50000 go down $400
Income: $35,000
Status: married, two children under age 17
Old taxes: $0 taxes paid; $2,900 received from government
New taxes: $0 taxes paid; $4,100 received from government
Difference: $1,200 more from the government
Income: $50,000
Status: single, no children
Old taxes: $6,400
New taxes: $6,000
Difference: $400 less in taxes
Income: $125,000
Status: single, no children
Old taxes: $21,400
New taxes: $21,400
Difference: $0
Income: $150,000
Status: married, one child under 17, one in college
Old taxes: $22,300
New taxes: $15,500
Difference: $6,800 less in taxes
Income: $300,000
Status: married, two children under 17
Old taxes: $59,100
New taxes: $60,200
Difference: $1,100 more in taxes
Income: $500,000
Status: single, no children
Old taxes: $121,500
New taxes: $140,700
Difference: $19,200 more in taxes
Income: $500,000
Status: married, two children under 17
Old taxes: $120,400
New taxes: $131,700
Difference: $11,300 more in taxes
Income: $1 million
Status: married, two children under 17
Old taxes: $256,900
New taxes: $310,000
Difference: $53,100 more in taxes
http://articles.moneycentral.msn.com/Taxes/PreparationTips/how-would-obamas-tax-plan-affect-you.aspx
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10-03-2011, 10:51 AM
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#11
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by Munchmasterman
The “Buffet Rule” is one aspect of the tax package. It is aimed mostly at investment income. It has nothing to do with people who make $250000.
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You are semantically correct. But semantics aside, Buffett is not endorsing Obama’s plan to raise taxes on folks earning $250,000 to $50 million per year, nor is Buffett in agreement with Obama’s “Buffett Rule” because, as Buffett explained, the "Buffett Rule" is including a class of income earners he, Buffett, was not referencing in his original statement some weeks ago, i.e., those earning less than $50 million in investment income.
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10-03-2011, 11:13 AM
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#12
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Account Disabled
Join Date: Jan 3, 2010
Location: Here.
Posts: 13,781
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IB: they only comprehend what they want to hear !
Even when Buffet rebukes Obama's Buffet Rule; these zombies march onward moaning "Busssshhhhhh's Faaaaaauuuuulllllt".
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10-03-2011, 11:19 AM
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#13
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BANNED
Join Date: Sep 24, 2011
Location: Da Hood
Posts: 496
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Quote:
Originally Posted by Whirlaway
IB: they only comprehend what they want to hear !
Even when Buffet rebukes Obama's Buffet Rule; these zombies march onward moaning "Busssshhhhhh's Faaaaaauuuuulllllt".
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Dude, youre mental.
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10-03-2011, 11:47 AM
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#14
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Valued Poster
Join Date: Feb 9, 2011
Location: Little Rock, Ar
Posts: 380
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Warren Buffet is Obama's boss! He's just one of Obama's masters. A puppeteer who pulls the strings of Obama. When Buffet comes out and says, "tax me harder," thats all just a bunch of bullshit. Then media is meant to catch him saying such a statement! It's meant to be played on the news because he's not the one who's going to be getting taxed harder. It's you! It's going to be a tax on millionaires and the middle class who don't have the protection that Buffet has, and aren't as financially astute. It helps if your one of the people writing the tax code so you know all the loopholes. Or if your one of the few people getting your piece of the banker bail out money.
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10-03-2011, 03:29 PM
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#15
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Valued Poster
Join Date: May 3, 2011
Location: Out of a suitcase
Posts: 6,233
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Quote:
Originally Posted by I B Hankering
You are semantically correct. But semantics aside, Buffett is not endorsing Obama’s plan to raise taxes on folks earning $250,000 to $50 million per year, nor is Buffett in agreement with Obama’s “Buffett Rule” because, as Buffett explained, the "Buffett Rule" is including a class of income earners he, Buffett, was not referencing in his original statement some weeks ago, i.e., those earning less than $50 million in investment income.
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Buffet didn't quote a number initially. It was after Obama used the $1000000 number that Buffet used the $50 mil number. While not endorsing the buffet rule portion, when the interviewer pressed for a comment on the $250000, Buffet dodged an answer. See previous post with LA Times article
Quote:
Originally Posted by Whirlaway
IB: they only comprehend what they want to hear !
Even when Buffet rebukes Obama's Buffet Rule; these zombies march onward moaning "Busssshhhhhh's Faaaaaauuuuulllllt".
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After posting total bullshit on this thread, having it pointed out and documented, you came back with more bullshit about you being right and they were wrong. You commented on their reading ability while showing your own lack of abilities. You were proven wrong again.
Your latest post is bullshit too.
If they don't hear something they want to, they don't comprehend anything?
I believe that is the best description of you I have ever heard.
As far as a rebuke goes, you're wrong about that too. Look up the meaning of the word.
If you want see a zombie who blames everything on a president, look in the mirror. It's OK. Vampires can't see their own reflections. Zombies can. But with their focus on a single subject, eating brains for them and obsessing without a brain about the president for you, "they only comprehend what they want to hear".
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