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

To: J_F_Shepard who wrote (686371)	11/28/2012 4:20:47 PM
From: longnshort	Respond to of 1583560

Buffet avoids paying taxes at all cost. he avoided the death tax, buffet is a hypocrite, Obamamust have something on him, like they did petreus

To: J_F_Shepard who wrote (686371)	11/28/2012 8:53:31 PM
From: Brumar89	Read Replies (1) \| Respond to of 1583560

The Clinton tax increase didn't create jobs. His moving to the center and working with Congress did. Any time you tax something, you get less of it. That's elementary. We already have an Alternative Minimum Tax.But it hurts the 98% of people making 200 to 500K. Only 36.5% of those making 1 megabuck or more pay the AMT... Buffet is talking about that top 1% who only pay 20% or less like Romney.... The AMT was designed to make millionaires pay a minimum tax .. it doesn't affect billionaires like Buffet and any future new AMT won't either. It'll hit the same people the current AMT hits. .Fact: The problem is government spending, not government revenue.That's a political religious belief not a fact..... It's a fact .. the tax Obama says he wants will only bring in $85B, smaller than a month's deficit. BTW, Social Security is not an entitlement, it's paid for till 2033.... Whether it's going to last till 2033 doesn't make it not an 'entitlement.'