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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (89540)	10/10/2008 3:52:23 PM
From: TimF	Read Replies (1) \| Respond to of 541911

Any very rich person that can't find massive tax holes to prevent taxes needs to fire his tax man. That true, but close to being irrelevant. Despite all those tax holes (which get sought out much harder, even at increasing cost, as tax rates get higher) the flow is, and at least in modern times in the US always has been, from the wealthy to the government. I think you are looking for hate I'm not looking for hate, or for the most part finding it here. I don't have any reason to think that Buffet has any unusual level of hatred, or hates other wealthy people. My statements on this issue have not mentioned, or been about hate.

To: Steve Lokness who wrote (89540)	10/12/2008 10:59:36 AM
From: Suma	Read Replies (1) \| Respond to of 541911

Once when I was more affluent that I am today and after I had retired to Florida I was approached by all sorts of investment opportunities. My one big error was putting a great sum of money in a Asset Trust that invested off shore. It was supposed to be approved by SP and I checked and it was a legitimate investment. However, it was to protect taxes. Not that they were tax free but the tax bill was supposed to be lower. I think all wealthy persons have opportunities to invest in a way as to lower their tax bill. This investment paid a high percent dividend too. But alas it all went sour. I lost all my money and so I think that maybe someone advising Cindy McCain has better ideas as how to avoid taxes... There are lawyers and financial planners out there who have solutions... Probably the more affluent have better ones than I had.