Warren Buffett’s taxing hypocrisy

[the director]

Sounds like voluntary redistribution of wealth to me. Good idea.

You accidently a word.

[Zathras]

Sounds like redistribution of wealth to me. Good idea.

But, then again, we already knew that.

[lacarnut]

“We anticipate that we will resolve all adjustments proposed by the U.S. Internal Revenue Service (‘IRS’) for the 2002 through 2004 tax years at the IRS Appeals Division within the next 12 months. The IRS has completed its examination of our consolidated U.S. federal income tax returns for the 2005 and 2006 tax years and the proposed adjustments are currently being reviewed by the IRS Appeals Division process. The IRS is currently auditing our consolidated U.S. federal income tax returns for the 2007 through 2009 tax years.”

That is not cheating on your taxes.

Buffett uses every trick in the playbook to avoid paying taxes. It is not cheating but sure as hell is not paying more like he is advocating. That is what makes him a lying POS. Do as I say but not as I do. Tax avoidance is used by every corporation and every person of wealth. For him to equate his personal taxes at the lower rate (capital gains) with the higher rate of a salaried employed such as his Secretary is just plain dishonest, and this liberal asshole knows it. Maybe you and other dummies do not but he loses all creditability when he comes out with this misrepresentation.

[Zathras]

And whats going on in your head isn't actual thought.

Yeah, that would require our resident gutless coward to actually have a functioning brain which, by the evidence of the idiocy he posts here, is non-existant.

[Starbuck]

Of course when Obama and Buffett talk about raising the taxes on the rich they are not talking about the rich whose income is measured in the millions - although those people, too would have to pay more.

They're talking about the 2 income families whose incomes combine to make 200K plus. Or maybe even 100K plus.

Raising Buffett and companies taxes is not meaningful. A million here, a million there; it doesn't really effect what those people are doing. But increase taxes on a family making 6 figures and using all of it....then you've done some damage.:(