To: Repulican Donkey
How about we just stop taxing income all together and start taxing personal consumption instead! THEN you will see Mr. Buffett, and many others singing a very different tune!
http://www.fairtax.org
5 posted on
09/10/2011 6:12:22 AM PDT by
Bigun
("The most fearsome words in the English language are I'm from the government and I'm here to help!")
To: Bigun
In fact, Mr. Buffett, we need MAJOR tax reform in this country. The current tax system is effectively anti-business and costs too much per year to comply with; we need at minimum the Steve Forbes no-loophole flat-tax plan, mostly because 1) we could free up over US$225 billion per year for more productive economic activities because of very low compliance costs and 2) the rich can no longer "work the system" to their benefit, so they really have to pay their fair share for the first time in who knows how long.
9 posted on
09/10/2011 6:33:46 AM PDT by
RayChuang88
(FairTax: America's economic cure)
To: Bigun
The Fair Taxis the exactly what it says - a fair tax. But Warren Buffet is a notorious miser who lives in a dump of a house and drives around in a “beater” old car. He is more Ebenezer Scrooge than anything else, so he’d probably flourish under the Fair Tax.
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