0
Lucky...

Warren Buffet is awesome

Recommended Posts

Warren Buffet says he pays less tax % than does any of his receptionists. This guy is awaesoe, he says the rich should pay a higher tax rate as the middle class has been getting screwed for the last 10 years or so.

More specifically, he says people who consume should be taxed more than people who produce, which is great wisdom. Taxes are supposed to influence behaviour or sometimes deter certain behaviour and taxing the prolatariat punishes going to work. This guy goes agianst the trend so much for the elitist class. He's pledged most of his money to charity once he dies. This guy IS a contemporary American hero IMO, versus the garbage in the White House.

Share this post


Link to post
Share on other sites
Screwed for the last 10 years or so? What rock have you been hibernating under - the middle class have been getting screwed on taxes for decades.

American hero, huh? If he's such a hero, why hasn't he donated the money out already, since that seems to be your criteria...
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

Share this post


Link to post
Share on other sites
Quote

"Taxes are supposed to influence behaviour or sometimes deter certain behaviour"



:S

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

Share this post


Link to post
Share on other sites
Quote

Screwed for the last 10 years or so? What rock have you been hibernating under - the middle class have been getting screwed on taxes for decades.

American hero, huh? If he's such a hero, why hasn't he donated the money out already, since that seems to be your criteria...



And you keep voting in those who perpetuate the screwing of the middle class? Nice.

He's donating after he dies, is that a problem over donating it now? BTW, that would be criterion.

Share this post


Link to post
Share on other sites
Quote

American hero, huh? If he's such a hero, why hasn't he donated the money out already, since that seems to be your criteria...



Warren Buffett donated approximately 30 billion dollars to charity last year.

So, yeah, he is an American hero.
This ad space for sale.

Share this post


Link to post
Share on other sites
Quote

Quote

Screwed for the last 10 years or so? What rock have you been hibernating under - the middle class have been getting screwed on taxes for decades.

American hero, huh? If he's such a hero, why hasn't he donated the money out already, since that seems to be your criteria...



And you keep voting in those who perpetuate the screwing of the middle class? Nice.

He's donating after he dies, is that a problem over donating it now? BTW, that would be criterion.



All the answers to today's tough questions, telepathic AND you know how I voted???? AMAZING!!!

American hero? Hardly. Personal hero because his views mesh with yours? A lot more likely.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

Share this post


Link to post
Share on other sites
Quote

Quote

Quote

"Taxes are supposed to influence behaviour or sometimes deter certain behaviour"



:S


And what are you saying? Taxes are supposed to influence and deter behavior.


Actually, no.... taxes are to raise revenue. They end up being USED to influence and deter behavior ($200 BATF tax stamp, anyone?), but your being confused over functions of government really doesn't surprise, anymore.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

Share this post


Link to post
Share on other sites
Quote

Quote

Screwed for the last 10 years or so? What rock have you been hibernating under - the middle class have been getting screwed on taxes for decades.

American hero, huh? If he's such a hero, why hasn't he donated the money out already, since that seems to be your criteria...



And you keep voting in those who perpetuate the screwing of the middle class? Nice.

He's donating after he dies, is that a problem over donating it now? BTW, that would be criterion.



I never thought I'd be invoking the ol' "CDIT," but it's to make a point -- the rich got richer and the poor got poorer under Clinton.

So where do you get this "last ten years" from? Like someone said above, the middle class has been getting screwed for much longer than ten years...if you think electing democrats as opposed to republicans is the solution to this problem, you have a lot of homework to do.

Be humble, ask questions, listen, learn, follow the golden rule, talk when necessary, and know when to shut the fuck up.

Share this post


Link to post
Share on other sites
Quote

Taxes are supposed to influence behaviour or sometimes deter certain behaviour . . .



Uh, no. Not even vaguely.

Taxes are to pay for things that we as individuals can't. Things like; " . . . establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity . . . "

In more modern (and not quite so poetic) language that would be things like; police, military, interstate infrastructure (roads, water projects), medical care for those unable to provide for themselves that would otherwise pose a medical threat to society.
quade -
The World's Most Boring Skydiver

Share this post


Link to post
Share on other sites
Quote

Quote

Taxes are supposed to influence behaviour or sometimes deter certain behaviour . . .



Uh, no. Not even vaguely.

Taxes are to pay for things that we as individuals can't. Things like; " . . . establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity . . . "

In more modern (and not quite so poetic) language that would be things like; police, military, interstate infrastructure (roads, water projects), etc...


:)

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

Share this post


Link to post
Share on other sites
Quote

In Reply To
--------------------------------------------------------------------------------


Taxes are supposed to influence behaviour or sometimes deter certain behaviour . . .

--------------------------------------------------------------------------------


Uh, no. Not even vaguely.



Well, depends what Lucky meant.

Taxes DO influence behaviours. Its not their main purpose (as you pointed out) but its important to keep it in mind nonetheless.
Remster

Share this post


Link to post
Share on other sites
Quote

Quote

Quote

Quote

"Taxes are supposed to influence behaviour or sometimes deter certain behaviour"



:S


And what are you saying? Taxes are supposed to influence and deter behavior.


Actually, no.... taxes are to raise revenue. They end up being USED to influence and deter behavior ($200 BATF tax stamp, anyone?), but your being confused over functions of government really doesn't surprise, anymore.


Taxes collected are used to support programs, now you can look at it either way, but the truth is that taxes are used to deter / penaalize cetrtain behavior and to upport progrmams as well.

Maybe that's why they call them sin taxes. Not all taxes are about detering behavior, but I think we can easily see the ones that are.

Share this post


Link to post
Share on other sites
Quote

Well, depends what Lucky meant.

Taxes DO influence behaviours. Its not their main purpose (as you pointed out) but its important to keep it in mind nonetheless.



Oh I realize that's sometimes how the taxes are "sold" to the voters and I also realize that people could change their behaviors as a result of certain taxes being "too high", but they usually don't. Usually they just pony up the dough and keep doing what they've been doing.
quade -
The World's Most Boring Skydiver

Share this post


Link to post
Share on other sites
Quote

Oh I realize that's sometimes how the taxes are "sold" to the voters and I also realize that people could change their behaviors as a result of certain taxes being "too high", but they usually don't.



frankly, if a tax is out there that is based on some impotent social manipulation concept - that would be a good one to add to the "no true value added let's delete it" list

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

Share this post


Link to post
Share on other sites
Quote

Usually they just pony up the dough and keep doing what they've been doing.


That's just not a fact Paul.

If they just pony up the dough, then they arent saving as much. Some people will do that, others, who value saving money, will spend less. Either way, their behavior has changed.
Remster

Share this post


Link to post
Share on other sites
Quote

Quote

Oh I realize that's sometimes how the taxes are "sold" to the voters and I also realize that people could change their behaviors as a result of certain taxes being "too high", but they usually don't.



frankly, if a tax is out there that is based on some impotent social manipulation concept - that would be a good one to add to the "no true value added let's delete it" list



Oh, you're almost NEVER going to find it worded that way. It's almost ALWAYS going to be worded as a tax to benefit "the children" at the cost of some "sin".
quade -
The World's Most Boring Skydiver

Share this post


Link to post
Share on other sites
Quote

Quote

Quote

Screwed for the last 10 years or so? What rock have you been hibernating under - the middle class have been getting screwed on taxes for decades.

American hero, huh? If he's such a hero, why hasn't he donated the money out already, since that seems to be your criteria...



And you keep voting in those who perpetuate the screwing of the middle class? Nice.

He's donating after he dies, is that a problem over donating it now? BTW, that would be criterion.



I never thought I'd be invoking the ol' "CDIT," but it's to make a point -- the rich got richer and the poor got poorer under Clinton.

So where do you get this "last ten years" from? Like someone said above, the middle class has been getting screwed for much longer than ten years...if you think electing democrats as opposed to republicans is the solution to this problem, you have a lot of homework to do.



CDIT?

>>>>>the rich got richer and the poor got poorer under Clinton.

It's a trend under this lovely country, but the poor had a chance under Clinton. Are you saying things are fiscally better now than under Clinton?

>>>>>>>>So where do you get this "last ten years" from?

From an interview of Buffet I watched this morning.

>>>>>>>Like someone said above, the middle class has been getting screwed for much longer than ten years...if you think electing democrats as opposed to republicans is the solution to this problem, you have a lot of homework to do.

Sure they have been, but it's exponentially wayyyyyy worse now. As for home work, I've done it.

1) 1993 1USD = 1.29 CD
2001 1USD = 1.55 CD
NOW 1USD = 0.96 CD

2) 1980 US debt = 1Trillion
Now = >9Trillion
(Clinton leveled out the debt)

How's that? We can go into unemployment rates, costs of living, etc.. and we will find the same trend. Mke your point.

Share this post


Link to post
Share on other sites
Quote

Quote

Quote

This is all old news.

What's your point?


I didn't read it here, is that a problem?



Not at all. I was just curious why you started a thread about stuff that was news back in June of 2006.


Because I weatched an interview this morning. Thx for helping the substance.

Share this post


Link to post
Share on other sites
Quote

Oh, you're almost NEVER going to find it worded that way.



Are you sure - I'm certain I saw this on local access television......

"Ladies and Gentlement of the legislature of the Great State of >>>>>. I'd like to propose the IMPOTENT SOCIAL MANIPULATION TAX BILL - number 56611T

for the children"

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

Share this post


Link to post
Share on other sites
Quote

Quote

Taxes are supposed to influence behaviour or sometimes deter certain behaviour . . .



Uh, no. Not even vaguely.

Taxes are to pay for things that we as individuals can't. Things like; " . . . establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity . . . "

In more modern (and not quite so poetic) language that would be things like; police, military, interstate infrastructure (roads, water projects), medical care for those unable to provide for themselves that would otherwise pose a medical threat to society.



How do you define sin taxes and luxury taxes? You can talk disposition all day, but to talk resons for collection can include things like deterrence.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

0