Posted on 08/12/2016 8:07:36 PM PDT by NoLibZone
Warren Buffett says even though he and other top earners are paying higher taxes this year, he thinks he's still paying a lower rate than his secretary.
(Excerpt) Read more at money.cnn.com ...
If it bothers you so much pay more
This lying old wheeze bag is likely comparing his capital gains RATE of 20% to his secretary’s tax BRACKET, which might be 25%. Her NET EFFECTIVE tax rate is probably no more than 10-12%. Buffet’s NET EFFECTIVE tax rate is certainly LESS than 20%. All libs are liars.
He is obviously making sure he is taking every Legal Deduction, so what’s his point?
Maybe he should get his Secretary a good Tax Accountant / Attorney instead of talking gibberish.
That's right. People pay much a much higher percentage of tax on salaries than on investment income. I don't see anything wrong with Buffett pointing this out. If there's a good reason for this difference, then there should be nothing wrong with talking about it. Working people are obviously out-gunned in the tax lobbyist department.
Warren, its called a donation, you ninny!
The treasury is accepting them all both voluntary and others.
They (government) should tax the hell out of his ‘perks’ then.
Simple solution: determine what tax breaks Buffett got that aren’t available to the middle class, and close those loopholes, then lower rates for everyone else accordingly.
A rich progressive tax cheat, but they go after Trump
Keep in mind, his secretary is a one percenter. On salary, that means an income tax rate of about 40 percent. Add to that social security, Medicare, and state income taxes, and the secretary pays well over 50 percent in just direct deductions alone.
Warren Buffett put aside your greed and vote for Trump. He will take care of this inequity by lowering taxes on the middle class and raising taxes on the rich like you.
He wouldn’t be paying a lower rate if he had included Berkshire stock as part of her compensation!
The only buy-and-hold strategy Buffet employs is buying politicians. He’s as big a manipulator as Soros. His public persona may be the Oracle, but he’s the consummate insider.
He was one of the largest players in destroying the housing market. Now BH is one of the largest real estate holding companies in the world. Pretty cool scheme to steal your home and then rent it back to you.
He’s got nothing at the Pearly Gates: there’s a special level of Hell reserved for these bastards.
PAYNIG AND OWING ARE TWO DIFFERENT THINGS....
I UNDERSTAND BUFFET/BH OWE ABOUT 2.5 BILLION IN TAXES THAT THEY ARE FIGHTING WITH THE IRS.....
he would not want trump to get in cause the new irs would nail his ass to the wall
warren buffoon knows a cheap political whore when he sees one.... hence his love of hillary.... long as libtrads are in he will pay no taxes and contribute instead...
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