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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (312562)11/27/2006 11:55:34 AM
From: Elroy  Read Replies (4) | Respond to of 1572469
 
Rather than raise taxes on the very wealthy, how about downsizing the headcount of every government department by 20%? That would probably go a long way to balancing the budget.



To: bentway who wrote (312562)11/27/2006 12:20:23 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1572469
 
JCP, > You're just conned, BY the truly rich and their political minions, into fearing that the tax burden will fall on you.

So "Roll back the Bush tax cuts" isn't going to fall on me?

> You must not have read far enough into the article where Warren admits that he doesn't do ANY tax planning, shelters, etc.

Right, a multi-billionaire just tracks all of his finances using Quicken.

Don't kid yourself. Buffet does indeed take advantage of every single tax break and shelter offered to him. Berkshire-Hathaway is supposed to, if they want to make the most out of their clients' money. And I'm sure he does to, even if he just leaves it to the people he hired to manage his own wealth.

Tenchusatsu