SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (686082)11/26/2012 11:36:11 AM
From: i-node  Read Replies (2) | Respond to of 1577883
 
>> Nope...under his proposal (buffett rule) his taxes would go up to 30%....

Sure, taxes on a trivial amount of tax base to him.

Warren Buffett could give three shits about income taxes. His money is all tied up in capital assets. He's a hypocrite from the word go.

He has actually said it himself: He believes the Gates foundation is a "better allocator of resources" than the government so he is choosing to contribute his wealth to it instead of having the government pay down the debt.

This is liberal hypocrisy at its worst. Why does Buffett feel that everyone else ought to pay higher taxes while he carefully avoids paying them himself?



To: Alighieri who wrote (686082)11/26/2012 12:18:56 PM
From: Brumar89  Respond to of 1577883
 
Buffet's taxes won't go up. Unless he chooses to let them.

We should outlaw charitable contributions over say, $50M, and inheritance tax deductions over a similar amount for contributions to foundations. Raise taxes on the billionaires not the dentists and small businesses etc.