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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (408075)	5/21/2003 11:37:32 AM
From: greenspirit	Read Replies (2) \| Respond to of 769670

res_Nevertheless, your calling my statement ridiculous has been soundly discredited. No doubt about that Bill! By the way, excellent article...

To: Bill who wrote (408075)	5/21/2003 12:04:01 PM
From: MulhollandDrive	Read Replies (3) \| Respond to of 769670

Buffett moralized, "When I was young, President Kennedy asked Americans to 'pay any price, bear any burden' for our country." Yet for all his moralizing, Buffett's column never dealt with the moral problem at the core of the current double taxation of dividends. Money paid out to shareholders as dividends was the shareholder's money all along — money that has already been taxed when the corporation paid its corporate income tax. The payment of a dividend is nothing but a transfer of someone's already-taxed money to himself. If Buffett wants to make the judgment that the rich should pay more for government services to be enjoyed by all, then let him do so, and let him suggest optimal ways that such taxes should be levied in the future. In the meantime, he should feel free do a little leading by example by personally paying more taxes voluntarily. But even if he's not quite that sincere, if he has any moral convictions about such things he should at least refrain from the hypocrisy of making his arguments using the kind of accounting tricks he rightly damns others for. bill... this was precisely what i thought when i first heard buffett "complaining" about the undue tax benefits for the rich... please mr. buffett, please do a "ted turner" (although didn't he welsh a bit?) but instead of pledging your excess wealth to the u.n., try donating to the u.s. treasury. one of my father's favorite quotes... "put your money where your mouth is"