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Old 12-10-2010, 12:04 AM
Location: Massapequa Park
3,173 posts, read 5,695,636 times
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Old 12-10-2010, 12:23 AM
953 posts, read 746,924 times
Reputation: 610
if one wishes to donate to the bloated Federal bureaucracy....let them

otherwise, excepting emergencies, no citizen should ever have to pay more than 1/3 of their income to maintain an effective, responsive, Government.

Continuing to feed and sustain the current imposters in DC, and at many State Capitols, is folly unworthy free and intelligent humans.
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Old 12-10-2010, 12:24 AM
69,372 posts, read 53,887,474 times
Reputation: 9358
No.. Everyone knows Buffet is all for more taxes..

But what everyone in society fails to understand is WHY he doesnt care if taxes are higher
1) He's already made his.. He's sitting on ASSETS.. We dont tax assets..
2) His paycheck yearly is $100K. Warren Buffett still gets $100K salary at Berkshire Hathaway, but security costs grow to $345K
A billionaire can support a 100% tax rate if he's only being taxed at $100K
3) Buffet knows that even if they tax him at 100%, even upon his death he still wont pay a dime.. HE"S DONATED IT ALL..

Maybe someday liberals will undrestand how this man can call for something because it doesnt affect him.. But even Buffet needed a governmental bailout, which has increased his wealth 20% in the last two years.. Again TAX FREE..

Assets can grow as much as they want in america (which is what I've repeatedly tried to explain to you liberals) tax free.. They are only taxed when the investments get cashed out, which Buffet NEVER does.. He wont EVER pay taxes, never has...
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