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View Poll Results: What is the motive behind Buffett wanting to tax the rich more?
He wants to tax the rich (himself) more because he's a masochist and wants to see everyone suffer. 1 7.14%
He wants to tax the rich more (middle class less) because his businesses that cater to middle class will increase earnings. 13 92.86%
Voters: 14. You may not vote on this poll

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Old 12-10-2010, 01:10 AM
 
Location: Massapequa Park
3,173 posts, read 5,666,893 times
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He's a cruel hoax. He wants to see the rich get taxed more so that his businesses can increase profits! That's what it's all about, he wants to HELP the shrinking middle class by stealing from the rich. After all, Berkshire Hathaway owns businesses that cater to the middle class (Coca Cola, carpeting, insurance, banking, housing etc.. LINKS TO BERKSHIRE HATHAWAY SUB. COMPANIES)
What do you think?


http://www.youtube.com/watch?v=8dePMo9MK30
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Old 12-10-2010, 01:15 AM
 
Location: Imaginary Figment
11,457 posts, read 12,350,139 times
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Both poll options suck, that's what I think.
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Old 12-10-2010, 01:20 AM
 
Location: Massapequa Park
3,173 posts, read 5,666,893 times
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Quote:
Originally Posted by SLCPUNK View Post
Both poll options suck, that's what I think.
Okay, what would your options be?
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Old 12-10-2010, 01:21 AM
 
69,372 posts, read 53,599,519 times
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How many Buffet threads are you going to start today?
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Old 12-10-2010, 01:42 AM
 
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I don't have a problem with Buffett. I think he just fails to realize that increasing taxes on someone making 250k is nowhere near the same on raising taxes on someone like him who makes billions a year.
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Old 12-10-2010, 02:36 AM
 
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He said lower taxes for middle class and upper middle class. That includes 250k.

I agree with him on this and I think if I were to answer the OP's question honestly, he recognizes that wage suppression sustained too long for the benefit of the top 5% have to get spring released in an orderly fashion or wild rates of high taxation for top 5% becomes inevitable. Peoples faith in the system is strained very hard. I don't think GOP can really see what hounds of hell they unleashed with economic policy.
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Old 12-10-2010, 02:54 AM
 
Location: Massapequa Park
3,173 posts, read 5,666,893 times
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Quote:
Originally Posted by Xanathos View Post
I don't have a problem with Buffett. I think he just fails to realize that increasing taxes on someone making 250k is nowhere near the same on raising taxes on someone like him who makes billions a year.
It evens out though if you think about it. Buffett pays TONS of taxes, even if he only pays a 15% tax rate. But we really shouldn't be treating someone making $100 Million a year different than someone making $100k a year, should we?
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Old 12-10-2010, 04:06 AM
 
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Quote:
Originally Posted by Pequaman View Post
It evens out though if you think about it. Buffett pays TONS of taxes, even if he only pays a 15% tax rate. But we really shouldn't be treating someone making $100 Million a year different than someone making $100k a year, should we?
No, and I'm a proponent for flat-tax. But for him to do interviews saying that I should pay higher taxes because I make in a year what he makes in like...a day...is something that unsettles me.

The only real problem I have with him is he's become the face of tax hikes. All the extreme leftists point to him and go "Well Warren wants to pay higher taxes, and he says you should, too!" without realizing that he's in a whole other world.

He's like that girlfriend who starts crap with some dude in a bar and then tells him "My boyfriend will kick your ass". He just invites fists of fury.
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Old 12-10-2010, 04:51 AM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,473 posts, read 13,411,168 times
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Quote:
Originally Posted by Xanathos View Post
No, and I'm a proponent for flat-tax. But for him to do interviews saying that I should pay higher taxes because I make in a year what he makes in like...a day...is something that unsettles me.

The only real problem I have with him is he's become the face of tax hikes. All the extreme leftists point to him and go "Well Warren wants to pay higher taxes, and he says you should, too!" without realizing that he's in a whole other world.

He's like that girlfriend who starts crap with some dude in a bar and then tells him "My boyfriend will kick your ass". He just invites fists of fury.
If you pay in a year what he pays in a day, you'd be broke.

Me, too.

Your reasoning is flawed. He is not like you or me. Hasn't been....for decades.
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Old 12-10-2010, 04:57 AM
 
3,065 posts, read 3,694,009 times
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Quote:
Originally Posted by 70Ford View Post
If you pay in a year what he pays in a day, you'd be broke.

Me, too.

Your reasoning is flawed. He is not like you or me. Hasn't been....for decades.
I said MAKE, not pay.
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