[AmericanMade1776]

Jimmy Buffett hasn't a clue, as to what the estate tax means to working families, who inherit their families farms, homes, or capital..by the way....farms, homes, and capital that were already taxed during their living years.

[Myrddin]

Buffett doesn't care. He's lived a comfortable life. He's giving away money that he can't possibly live long enough to spend. A small amount will be put in a trust for his children. A trust that won't be subject to the estate tax. The estate tax is for little people who don't have enough money to hire a good lawyer to protect their assets in a trust. By the time they realize they need a trust, the government has their meat hooks locked on the assets of the recently departed.

The income tax exists to make sure that people who earn a living are restrained from ever attaining the kind of wealth that people like Buffett, Kennedy and Kerry enjoy. The estate tax assures that the government can steal the rest upon the death of the income earner.

[DesScorp]

Fscking limosine liberal...

[cherry]

as I understand it, Buffet's stipulation about the money is that the 3 billion or so that is donated EACH YEAR has to be spent in that year.....

now, isn't he also avoiding income taxes by making this donation a yearly thing.....it'll sure lessen his share of taxes...

I know, I know...I'm critical....but the rich always have their angles....

you and me.....maybe we get to deduct that old car we donate and maybe we get to deduct the money we give to charities...depending on our tax bracket....

[goldstategop]

Of course Warren Buffett wants to retain the death tax. He won't pay a single dime of it, thanks to high priced lawyers and shrewd accountants. But he wants to make sure no one gets to be as rich as he is. He's just another liberal elitist who's bent on protecting his cash cow at every one else's expense.

(Denny Crane: "Every one should carry a gun strapped to their waist. We need more - not less guns.")

[tkathy]

For pity's sake, make a $3million limit on the estate tax.

Trump and Buffet should pay. This is another issue that makes Republicans look like they are in the pockets of the wealthy elites.

[aculeus]

Buffett owns Kirby Vacuums, overpriced pieces of junk sold door-to-door to lower middle class people by the sleaziest salesmen and saleswomen in the universe.

[Protagoras]

Buffet is like most authoritarians. He thinks all wealth belongs to the state. You just get to use it for a while, then it reverts to it's rightful owner, the government.

He is a disgrace to this country.

[atlaw]

Jimmy [sic] Buffett hasn't a clue, as to what the estate tax means to working families, who inherit their families farms, homes, or capital..by the way....farms, homes, and capital that were already taxed during their living years.

Maybe you'd like to be the one who provides the actual, hard data regarding the effect of the estate tax on "working families" and the number of family farms and homes lost to estate taxes. Seems like somebody should, given the frequency with which this apocryphal canard is tossed around.

[RightOnline]

Oh stick a sock in it, Buffett.

[JeffersonRepublic.com]

It's Warren Buffett, not Jimmy Buffett.

[aMorePerfectUnion]

This should be preserved for search posterity...

Tax his land,
Tax his bed,
Tax the table
At which he's fed.

Tax his tractor,
tax his mule,
Teach him taxes
are the rule.

Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.

Tax his ties,
Tax his shirt,
Tax his work,
Tax his dirt.

Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.

Tax his cigars,
Tax his beers,
If he cries, then
Tax his tears.

Tax his car,
Tax his gas,
Find other ways
To tax his ass

Tax all he has
then let him know
that you won't be done
till he has no dough.

When he screams and hollers,
Then tax him some more,
Tax him till
he's good and sore.

Then tax his coffin,
Tax his grave,
Tax the sod in
Which hes laid.

Put these words
upon his tomb,
"Taxes drove me
to my doom..."

When he's gone,
Do not relax,
Its time to apply
The inheritance tax.


Accounts Receivable Tax Building Permit Tax
CDL license Tax Cigarette Tax
Corporate Income Tax Dog License Tax
Federal Income Tax Federal Unemployment Tax (FUTA)
Fishing License Tax Food License Tax,
Fuel permit tax Gasoline Tax(42 cents per gallon)
Hunting License Tax Inheritance Tax
Interest expense Inventory tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax Luxury Taxes
Marriage License Tax Medicare Tax
Property Tax Real Estate Tax
Service charge taxes Social Security Tax
Road usage taxes Sales Tax
Recreational Vehicle Tax School Tax
State Income Tax State Unemployment Tax (SUTA)
Telephone federal excise tax
Telephone federal universal service fee tax
Telephone federal, state and local surcharge taxes
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax
Telephone state and local tax
Telephone usage charge tax
Utility Taxes Vehicle License Registration Tax
Vehicle Sales Tax Watercraft registration Tax
Well Permit Tax Workers Compensation Tax

COMMENTS: Not one of these taxes existed 100 years ago and our nation was the most prosperous in the world, had absolutely no national debt, had the largest middle class in the world and Mom stayed home to raise the kids.

What happened?

[TChris]

Buffett has so much money, it simply isn't an issue for him. It's like air: just there when you want some. He sees no lack of $$ personally, and so extends his personal situation to everyone else.

What a narrow-minded remark for him to make. To many people who aren't billionaires, the Death Tax is a Big Deal.

[Czar]

Buffett is another one of the limousine liberals so overcome with self imposed guilt that he wants to spread it over everyone of the rest of us, much like Bill Gates. Buffett is the same fool who came to insert himself in California politics a few years ago, advising his candidate to advocate the repeal of Proposition 13, a measure enacted long ago to protect homeowners from state and local governments taxing us right out of our homes. That idea went over like a lead balloon and got him a one way ticket back home.

It's no surprise this privileged, silk sock, elitist jackass wants to retain the estate tax.

[F.J. Mitchell]

Buffett just doesn't give a damn what the estate tax does to normal people, he can afford it and whatever smidgen of his estate goes to his heirs, that smidgen will be a fortune compared to what the heirs of others inherit after taxes.