tag:blogger.com,1999:blog-3758330678390419129.post9193312981882215833..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Warren Buffett's $62 Billion Dollar (And Growing) Tax Deference Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-3758330678390419129.post-84858042784969667902015-03-05T15:28:14.853-05:002015-03-05T15:28:14.853-05:00The other thing I like about this old bastard is t...The other thing I like about this old bastard is the fact that he didn't do squat charity wise until a few years ago. Same BS as all these other morons - "I got mine, tough noogies on you getting any". Disgusting.Miguel D'Anconiahttps://www.blogger.com/profile/15650695642051943261noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-534376823178191582015-03-05T14:10:20.018-05:002015-03-05T14:10:20.018-05:00The reason the old hypocrite feels comfortable dem...The reason the old hypocrite feels comfortable demanding that income taxes "on the rich" go up is because people in his class get a tiny fraction of their wealth from "income" as defined by the IRS. So he will be unaffected. However the small entrepreneurs in the $1-5M range get most of their wealth as ordinary income, so they will get hosed.Robert What?https://www.blogger.com/profile/03863449539859132763noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-80153507973915336362015-03-05T11:08:30.243-05:002015-03-05T11:08:30.243-05:00Many decades ago when Reagan cut the top marginal ...Many decades ago when Reagan cut the top marginal tax rates on ordinary income (TRA86) to 28%, I was a tax professional in one of the large accounting firms. Many of our wealthiest clients joined our firm in trying to prevent Reagan's TRA 86 from taking effect. The primary reason our wealthy clients were against it was that it was a huge tax increase for them since TRA86 essentially killed Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-362216686923542082015-03-05T10:08:23.091-05:002015-03-05T10:08:23.091-05:00Maybe he actually does like paying taxes...just as...Maybe he actually does like paying taxes...just as long as he is picking up more in obscure subsidies and protectionist rackets?<br /><br />It always makes me laugh when people say that "the rich" should be taxed more because they control everything, as if they won't expect to get anything out of what they pay!<br /><br />He's also never terribly clear on which taxes he wants Brandon Foremanhttps://www.blogger.com/profile/13535074844987678538noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-45665339997985637452015-03-05T09:44:21.159-05:002015-03-05T09:44:21.159-05:00The first thing a man does when he becomes wealthy...The first thing a man does when he becomes wealthy is pull up the ladder that got him there. Increased taxes on "the rich" are really increased taxes on potential competitors from the middle class. Rich men like Buffet want to stay on top and they use the tax code as a tactic freeze things in place. <br /><br />We wouldn't want young, intelligent, productive, hardworking and Brother Thomasnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-28911730277019016792015-03-05T09:11:49.625-05:002015-03-05T09:11:49.625-05:00For too long, the American public has been led ast...For too long, the American public has been led astray from the real nature of the federal tax laws to a place today where "everyone" just knows they "owe" taxes to the state. It started during WWII with the federal withholding act and continues to this day with millions in wealth flowing to our betters(sic). Get free of the scam, learn the facts, examine the evidence and thenStevehttps://www.blogger.com/profile/07531836766288841057noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-31607535429441553102015-03-05T08:49:34.302-05:002015-03-05T08:49:34.302-05:00Buffet's public position on taxes is a strateg...Buffet's public position on taxes is a strategy that the ultra rich use to keep their money.<br /><br />If he takes a public position that he wants higher taxes, he buys himself protection and popularity and then every one leaves him alone to run the company the way it should be run: make as much money as you can and keep as much as you can. <br /><br />Buffet's posture on taxes is David Muellerhttp://liveoffshore.comnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-58572673934667513952015-03-05T08:28:47.309-05:002015-03-05T08:28:47.309-05:00You can bet his hypocrisy will never find its way ...You can bet his hypocrisy will never find its way onto ABC news since his buddies in the administration would never approve of ABC running the story.Anonymousnoreply@blogger.com