Buffett blasts system that lets him pay less tax than secretary

Discussion in 'Politics' started by ZZZzzzzzzz, Jun 28, 2007.

  1. you are so out of touch... war monger isn't my boy. i can't stand the war criminal bush and his neocon thugs.

    there is a constitutional candidate available currently. and despite the mainstream media's propaganda machine he is already having an incredible impact. get up to speed on current events.

    and just a quick fyi, gore is the oligarch's first choice for president.. then hillary. they are focused on implementing a global carbon tax right now... that is their number one agenda.
     
    #41     Jun 29, 2007
  2. Has anyone here argued that taxes are not necessary? What are you so angry about? Because everyone who disagrees with your hero Buffett or thinks taxes are too high already is a "selfish greedy bastard?" And why is using government to take assets away from people who lawfully earned them such a noble thing in your eyes?

    Here is the difference. Envy-driven socialists like yourself look on the tax system as primarily a tool to punish those who are more successful than them and to redistribute wealth to those who are politically favored. In europe, the recipients are not the poor but typically politically connected fat cat industrialists, government bureaucrats and union memebers. Conservatives look at taxes as a necessary evil to be minimized as much as possible and to be levied in the way that is least harmful to the economy. Then the economy can grow, and people have opportunities to work and prosper. Or move to europe and go on the dole.
     
    #42     Jun 29, 2007
  3. Cesko

    Cesko

    This country can default and major fiscal crisis could ensure before you selfish, greedy bastards would realize, texas are a necessity.
    Who the fuck said taxes are not necessity????
    Second, the U.S. is at par financially with any fucking European country, add to it entitlements and U.S. is in better shape.
    If you think Europe can preserve its "social" model in the future, DREAM ON.

    Do not invent things so you can make an argument!
     
    #43     Jun 29, 2007
  4. Quote from AAAintheBeltway:

    Has anyone here argued that taxes are not necessary?

    We have boobs arguing that taxes are not constitutional, so yes, there are idiots who think taxes are not necessary

    What are you so angry about? Because everyone who disagrees with your hero Buffett or thinks taxes are too high already is a "selfish greedy bastard?"

    Typically, they are selfish greedy bastards.

    And why is using government to take assets away from people who lawfully earned them such a noble thing in your eyes?

    It is called of the people, for the people, and by the people. The poor people can't pay all the bills for collective needs of a federal government for all the people, so we need taxes. Quite some time ago, we quit the feudal system of the rich levying taxes on the poor to fund their feudalism.

    Here is the difference. Envy-driven socialists like yourself look on the tax system as primarily a tool to punish those who are more successful than them and to redistribute wealth to those who are politically favored. In europe, the recipients are not the poor but typically politically connected fat cat industrialists, government bureaucrats and union memebers. Conservatives look at taxes as a necessary evil to be minimized as much as possible and to be levied in the way that is least harmful to the economy. Then the economy can grow, and people have opportunities to work and prosper. Or move to europe and go on the dole.

    Oh, Buffett and Soros and other wealthy people who understand what made America great are so envious of a klownish klannish kristian kooks like you...
     
    #44     Jun 29, 2007
  5. Yes it's true that he lives in the home he grew up in when in Omaha. (it's not a shabby house BTW). He spends much of his time in California though where he lives in a house worth 7mil or so.

    He's not the image of J. Paul Getty brown bagging a homemade sandwich for lunch.

    I find it ironic that those talking about the great philanthropist Buffet don't find it amusing that he pay's his secretary only 60k a year.

    I've had these discussions with other rich people and I can predict his canned answer. "Why should I pay significantly higher than the market rate for labor just because I'm wealthy."

    On one hand he's the greatest investor in history, on the other he's a creep. He's always been a tax avoidance type of guy yet he complains he's undertaxed. He owns an insurer that customers will tell you is deceivingly cheap i.e. they're slow to pay claims. On top of it he's in the most parasitic insurance there is-automobile. With his resources, expertise, infrastructure and policy bent he could try to find a way for Geico to offer low cost health. Instead it's much easier and more profitable to figure out the theft/accident rate on 2002 Accord's.......
     
    #45     Jun 29, 2007
  6. I can understand why a puny little fish like you doesn't like Buffett. I have found that many wanna be wealthy people are like that. They expect wealthy people to be self absorbed and affected, like that asshole Trump...

     
    #46     Jun 29, 2007
  7. There's 1400 fellow CBOT'ers with 6mil each in stock alone. I don't need to be jealous of Buffet......

    And you don't think Buffet is self absorbed? LMFAO.

    At least Trump is schilling. I find that far more innocuous than some prick looking to the American public for approval as some sort of salvation.

    The guy's with the Monet's hanging on their walls are no less pretentious than the guy's on Cribs. Just better taste.

    Here's the bottom line. Gates can wake up each day and know he gave the world trillions in productivity in exchange for his wealth.

    Buffet's just a richer version of a trader. That ain't nothing to be proud of........
     
    #47     Jun 29, 2007
  8. No, I don't think Buffett is self absorbed. Of course, when I think of self absorbed, I think of you as the benchmark...

    Some new money with Monet's on the wall is pretentious, probably no more pretentious than your "Dogs Playing Poker" or the "Elvis Velour" on your wall...probably next to a Ronnie and Nancy velour in your bedroom.

    Bwaaahaaahaaahaaaaaaaaaaaha

    Furthermore....no, I am surprised that you have admiration for Trump, fits the profile...

     
    #48     Jun 29, 2007
  9. Cesko

    Cesko

    It is called of the people, for the people, and by the people. The poor people can't pay all the bills for collective needs of a federal government for all the people, so we need taxes. Quite some time ago, we quit the feudal system of the rich levying taxes on the poor to fund their feudalism.

    Funny you mention it. Feudal lord had less power to tax than today's government. Meaning lower tax rates during medieval times POSER!! Do some fucking reading brainiac!

    It is called of the people, for the people, and by the people.

    You actually believe this and you call me stupid? You are an idiot pal!!

    Your constant accusing people of greed, selfishness etc. most likely means you don't feel too good about yourself in these matters.

    Also, these lefty assholes are so dumb and simple that when you argue for low tax and small government they "think" greed and selfishness is behind it and nothing more. I envy your simplicity I would be much happier if I were like you.
     
    #49     Jun 30, 2007
  10. Was he lecturing people on their morality? I didn't get the feeling that was his primary purpose but I guess it is unavoidable when pointing out the logical discrepencies of the tax policies favored by the current administration.

    The purpose I stated was the raising of the standards of living for everyone. I mentioned the redistribution of wealth as an effect. One of the main points of contention in the common debate seems to revolve around whether wealth redistribution is desirable and to what degree.

    Which begs the question what are the essential functions of government for? I think it is to promote the common good.


    Redistribution schemes allow for the transfer of capital from those who don't really need it to those who do thus increasing the productivity of erstwhile less productive members of society. It increases the marginal utility derived. Excess wealth leads to decreasing marginal utility. There is less motivation on balance for 2nd generation wealthy individual to be as driven as the 1st generation wealth creators and more temptation to adopt an easy decadent lifestyle. On the other hand, without the opportunities provided by basic economic inputs, those on the poorer end of the social spectrum are provided less avenues of improving their situation leading to less motivated individuals. It can therefore be argued that contrary to your assertion it is by not redistributing that society promotes sloth. For some reason conservatives cannot seem to appreciate this.
     
    #50     Jun 30, 2007