Warren Buffett says the wealthy pay too little tax

Billionaire Warren Buffett said that rich people should pay more in taxes and that Bush-era tax cuts for top earners should be allowed to expire at the end of December.
quantumushroomsays...

If this fktard thinks he's paying too little, he can always send more to the IRS. And half of Americans pay NO federal income tax, yet get all the "free" goodies and services provided by the other half.

No nation ever taxed itself into prosperity. Government looters have already struck. Their "solutions" yielded no new jobs and more debt, just like in the 1940s.

Sorry socialists, you're "stuck" with the free market, the only thing that ever creates jobs and prosperity.

dystopianfuturetodaysays...

^In case you missed the comment above you, I'll repeat it:

The myth that giving more to the top will create new jobs for the bottom has been thoroughly busted by reality. Record corporate profits. Record unemployment. There is no connection between the two you gullible twat.

EMPIREsays...

>> ^quantumushroom:

If this fktard thinks he's paying too little, he can always send more to the IRS. And half of Americans pay NO federal income tax, yet get all the "free" goodies and services provided by the other half.
No nation ever taxed itself into prosperity. Government looters have already struck. Their "solutions" yielded no new jobs and more debt, just like in the 1940s.
Sorry socialists, you're "stuck" with the free market, the only thing that ever creates jobs and prosperity.


Quantum always spewing stupid shit.... as usual.

And he doesn't need to send more to the IRS because he is giving away the very biggest part of his fortune (around 80%) to charity. In case you're wondering, that's a few BILLIONS. Of course, someone who says the ignorant things you do, was also probably ignorant of that.

Arkaiumsays...

>> ^quantumushroom:
If this fktard thinks he's paying too little, he can always send more to the IRS. And half of Americans pay NO federal income tax, yet get all the "free" goodies and services provided by the other half.
No nation ever taxed itself into prosperity. Government looters have already struck. Their "solutions" yielded no new jobs and more debt, just like in the 1940s.
Sorry socialists, you're "stuck" with the free market, the only thing that ever creates jobs and prosperity.


Man, come off it. They could double how much the wealthiest Americans are taxed and they'd still have it better than decades ago. And please don't simply refer to the "Free market" as though them's the breaks. Our economic system is riddled with more holes, loopholes, and instances of borderline-criminal deregulation than a ring tossing game at your local carnival.

It's only when the yokels wake up to the fact that the system has been rigged and that they have no chance to win that they'll finally stand up to what's happened in recent years.

"Trickle down economics" refers to the urine of the rich trickling down the faces of the poor they're pissing on.

dystopianfuturetodaysays...

I'm amazed at the things I hear coming out of conservative mouths these days. They literally worship rich people and despise anyone who stands up for people who are not rich. They praise this plutocratic free market bullshit, completely ignorant of the fact that these ideas have failed to live up to the hype in almost every case they've been administered. Markets are cannibalistic. The 'Free Market' is it's own worst enemy. It redistributes wealth and power to the few at the expense of the many, leaving poverty, exploitation and violence in its wake. Freedom and liberty have no value in an anarcho-capitalistic society.

GeeSussFreeKsays...

Warren Buffett is a good and decent man. His book is a model to cure wall street investors from being lechers that provide nothing to society except to extract wealth, to investors that make the world a better place for everyone should be required reading in the halls of investor ethics classes (do such things exist?). I have always thought a flat tax, or sales tax would end up in the rich being able to hide less money and pay the taxes obligated, rather than just upping the rate; the bracketed income tax is just to easily manipulated. With that said, Milton's Negative income tax could help any poor that could not handle the burden. And you can't just go crazy with tax cuts unless you are also cutting spending...which capital hill isn't showing any signs up anytime soon. Politically speaking, if I was on the hill, I would most likely vote for any tax cut I could get and vote down any unnecessary spending I could; as I would wager the chances to lower taxes come along much fewer than a small government person would like, have to take every opportunity.

But I think there is mostly a accepted notion that the current tax system is pretty out of touch with reality. No doubt, hidden in 8 million words of federal statute, lied a core ethic for what the tax code was supposed to accomplish. But now that hidden code is a miasma. Laden by 10s of thousands of corporately manipulated, and "Best of intentions worst in results" statues. In coding, we call it zombification. You have chopped and transmuted a section of code, and entire segments of program so many times that any hope of further development requires more work than to just chuck the entire thing out the window and start over. I think we have reached that point. It is time for the ever so unpopular "do overs" of our childhood.

Discuss...

🗨️ Emojis & HTML

Enable JavaScript to submit a comment.

Possible *Invocations
discarddeadnotdeaddiscussfindthumbqualitybrieflongnsfwblockednochannelbandupeoflengthpromotedoublepromote

Send this Article to a Friend



Separate multiple emails with a comma (,); limit 5 recipients






Your email has been sent successfully!

Manage this Video in Your Playlists




notify when someone comments
X

This website uses cookies.

This website uses cookies to improve user experience. By using this website you consent to all cookies in accordance with our Privacy Policy.

I agree
  
Learn More