Warren Buffet is Right!! Raise Taxes on the Super Rich

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  • rsnnh12
    SBR MVP
    • 09-26-10
    • 3487

    #106
    Originally posted by pavyracer
    Warren Buffett who made a 40 billion fortune is an idiot but the Tea Bagger from Texas who flunked Economics 101 is college in going to become a President and save us!
    This was my post in another thread... I'm genuinely curious what your solution is.

    "To illustrate my point-the 400 richest Americans earned approximately $100 billion last year. We could tax them at a 100% tax rate, literally every penny they made, and know what our federal deficit would have been last year? About $1.2 TRILLION. We could take every cent made by the super rich, and not even take 10% off of our deficit for just last year.

    Now, can someone please explain how taxing the super rich will solve anything?"
    Comment
    • bruceBRUCEbruce
      SBR MVP
      • 06-20-09
      • 2560

      #107
      Originally posted by ByeShea
      Again, if he's so generous with other people's money he should cut a check for $5 billion and set the trend instead of showboating how little he can pay in taxes.
      but he won't. same reason why he'll make tons of charitable contributions, and still write them off on his taxes.

      Originally posted by ByeShea
      b) Any one who thinks the "mega-rich", like Buffett, won't conjigger some other loopholes and not pay the levels as billed by Obama is nuts.

      Want to scare these a-holes? Just say two words: "flat tax".
      Yup.
      Comment
      • marcojuiceman
        SBR MVP
        • 05-25-11
        • 2870

        #108
        Originally posted by pavyracer
        Warren Buffett who made a 40 billion fortune is an idiot but the Tea Bagger from Texas who flunked Economics 101 is college in going to become a President and save us!
        Comment
        • marcojuiceman
          SBR MVP
          • 05-25-11
          • 2870

          #109
          Originally posted by RibbedTrojan
          Raising taxes on the rich will even cost more jobs that we cannot afford right now. Buffet an ******* IDIOT!!!!!!!!!!!!!!!!!
          Ok They can go and take there jobs with them. there not the only ones in the world who can create Jobs. Everyone is always seeking employment but only few try to create employment thats the problem
          Comment
          • rsnnh12
            SBR MVP
            • 09-26-10
            • 3487

            #110
            Originally posted by rsnnh12
            This was my post in another thread... I'm genuinely curious what your solution is.

            "To illustrate my point-the 400 richest Americans earned approximately $100 billion last year. We could tax them at a 100% tax rate, literally every penny they made, and know what our federal deficit would have been last year? About $1.2 TRILLION. We could take every cent made by the super rich, and not even take 10% off of our deficit for just last year.

            Now, can someone please explain how taxing the super rich will solve anything?"
            Anyone?
            Comment
            • DwightShrute
              SBR Aristocracy
              • 01-17-09
              • 103093

              #111
              Buffet should just lead by example and pay 90% of all his income to the IRS.
              Comment
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