[SierraWasp]

Hay Warren! Blow those death taxes out your differential, idiot!

You may be rich and the "Oracle of Omaha," but you're still a complete GovernMental loving IDIOT!!! (he needs to read and comprehend my tagline)

[purpleraine]

Should we all be asking our elders to die in 2010?

[goodnesswins]

Yeah, Warren, that’s because you have businesses which make their money selling INSURANCE to people with estates to protect, AND, YOU PROTECT YOUR ESTATE with Multitudes of attorneys and charities. GO POUND SAND.....Maybe we should just say that Billion Dollar Estates MUST BE TAXED AT 80%!!!!! Yeah, I’m ALL FOR THAT.

[syriacus]

If Warren wants to give his money to the government, he should just give his money to the government.

[subterfuge]

Democrats argue that a repeal would amount to a huge windfall for the nation's wealthiest families.

This is why I HATE Democrats. They are just too stupid.

HOW IS IT A "WINDFALL" IF IT WAS YOUR'S IN THE FIRST PLACE YOU IDIOTS?!!!!!!!!!!!!!

[Anti-Bubba182]

I remember Warren Buffett advising Arnold to raise the California property tax, needless to say that was the last Arnold’s campaign was aligned with Buffett. There seems to be a malady with some of the Super Rich where they try to buy their souls back as though the are guilty of a crime and not just successful.

[devere]

Name someone who inherited great wealth, and then had a great life.

I think that raising the estate-tax exemption to 15 or 20 million dollars, indexed for inflation, might be OK.

[DennisR]

“I think we need to ... take a little more out of the hides of guys like me,” Buffett told the panel.

Note to Warren: You may be rich, but you are a bit nutty. If you feel guilty about being so rich, donate all of that money to whomever/whatever you wish - The U.S. Government, the Salvation Army, the U.N., or the local university. But, please - leave the rest of us alone!!!

[Leftism is Mentally Deranged]

The left hates it when normal people pile up some money and leave it to their kids. They want to be the only rich ones and control everything.

[devere]

It seems that someone has to pay taxes.

Dead people mind it the least.

Is everyone suggesting that our income tax be raised so that billionaires can pass on their wealth? Probably not.

I’m OK with abolishing the inheritance tax, right after the income tax is abolished. Until then, I think that raising the inheritance tax exemption to at least $10 million, and preferably higher, would be a good idea.

[TKDietz]

My bet is that estate taxes aren’t going to go away. There will be a compromise. Luckily they only hit a really tiny portion of our population and hopefully the new laws that come into play shrink that percentage even further. Hopefully they’ll at least raise the exemption level to $5 million. The article talks about a deal in the works to cap the tax at 35% and raise the exemption level to $3.5 million so that fewer people will have to pay the tax. As it is according to the article less than one percent of all estates from those who died in 2004 were big enough for federal estate taxes to kick in, so with an exemption level of $3.5 million even fewer will pay the tax, and if it goes up to $5 million even fewer would have to pay it, probably way less than half of one percent of all of those who die, especially if husbands and wives do their estate planning right.

[frankjr]

Buffett...the hick version of Soros (not that there is anything wrong with hicks)

[GregoryFul]

That Congress turn to Warren Buffett for advice on taxes for US citizens is as stupid as Congress asking Jane Fonda about the dangers of nuclear power plants. Buffett has lived a life not like one in a billion, what the hell does he know about the average citizen's affairs?

Congress, largely a collection of slimy, celebrity worshiping, corrupt asswipes, ready to take all you have to line their pockets and feather their nests.

[DesScorp]

Buffett is awfully happy advocating the seizure of other people’s wealth.

[OrioleFan]

That money and property in an estate has already been taxed. Why should it be taxed when it is inherited?

[Porterville]

Tax estates? How bout we just lock up traitors and take everything they own. POS typical POS.

[mc5cents]

Buffett is afraid that if the Death Tax is repealed he will no longer be able to buy up estates at fire sale rates from people selling to pay death taxes. What a jerk. That would cut off his gravy train.