Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (624590)	8/16/2011 12:19:20 PM
From: Tenchusatsu	1 Recommendation Read Replies (1) of 1575981

Al, > it could not just have something to do with where the greatest need is, could it? I thought the "greatest need" was saving this country from default by taxing millionaires. Raise the long-term capital gains tax, for instance, and Buffett will just reallocate some of his funds in equities toward tax shelters like muni bonds. He'll still end up paying more in taxes (which for some odd reason he can't do without Congressional approval), but it won't be as much as you think, and the very act of reallocating funds to reduce his tax liability will make him a hypocrite. Bottom line is that Buffett will never give up maximizing his ROI and that of his clients. And that's something that will always contradict his big government altruism. Tenchusatsu

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