Posted on 11/21/2010 3:57:53 PM PST by FTJM
In an exclusive interview on "This Week," Warren Buffett, Chairman and CEO of Berkshire Hathaway, told Christiane Amanpour that the rich should be paying more taxes and that the Bush-era tax cuts for the wealthy should be left to expire at the end of December.
"If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further," Buffett said. "But I think that people at the high end -- people like myself -- should be paying a lot more in taxes. We have it better than we've ever had it."
The full Buffett interview will air on a special Thanksgiving edition of "This Week" focused on The Giving Pledge, a major philanthropic effort spearheaded by Buffet, and Bill and Melinda Gates.
The billionaire brushed aside Republican arguments that letting tax cuts expire for the wealthy would hurt economic growth.
"They say you have to keep those tax cuts, even on the very wealthy, because that is what energizes business and capitalism," anchor Amanpour said.
"The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on," Buffett explained.
(Excerpt) Read more at abcnews.go.com ...
So you pay more big Mouth and then just shut up!
Hey Warren buddy - there’s not one (bleep) thing stopping you from cutting a check for any amount you want payable to the US Treasury if you think you’re not paying enough. Do it already, and STFU.
Exactly, if these billionaires want to pay more all they need to do is write a check.
Warren, write one single check and donate your entire worth to the US treasury and take up a job as a Wal*Mart greeter. Then we will believe you.
We've caught on to the fact that the super rich hide their wealth in impenetrable tax shelters while at the same time time calling for big tax hikes on their less wealthy competition a long time ago, Warren.
You mentioned the key point. NOTHING, not a single thing, prevents Warren Buffett or anyone else from paying as much in taxes as they like. It’s easy—they can even donate online:
https://www.pay.gov/paygov/forms/formInstance.html?agencyFormId=23779454
Donate to your heart’s content, Warren!
No conservative should do one dime’s worth of business with pro-abort Warren Buffett. Boycott GEICO, Fruit of the Loom, Kirby vacuum cleaners, Nebraska Furniture Mart, and any thing else he has a creep hands into.
The Republican House needs to pass a new law that allows billionaire leftists to opt into a new 90% tax rate.
“So you pay more big Mouth and then just shut up!”
Agree. If Buffett and his bud Gates want to pay more taxes all they have to do is sit down and write a check. What makes them think they have the right to speak for the rest of us? Typical liberals, want to manage everybody’s lives...
Small Business Owners to Warren Buffet: Pay our taxes then..!!!
Art Laffer already called this fool out several months ago. Buffet has the VAST majority of his wealth in tax exempt vehicles. I wish someone would call him out on it openly - if he’s so hip on paying taxes, why does he have all his money where it can’t be taxed?
A-hole....he has legions of accountants and attorneys helping him and his holdings AVOID taxes....what a FRAUD.
He should speak only for himself. If he wants to pay more, then PAY MORE. Leave everyone else alone.
Exactly my thoughts too!!!! He needs to shut up already.
Show us what a real man and patriot you are Warren and give it all away NOW . . not when you and Billy G. are 6 feet under.
Your “patriotism” and “generosity” is as phony as it gets. Go ahead and let the lapdog media try to tell the rest of us what great guys you meg-rich bastards are. We see right thru your greedy childish selves.
agree old man....you who took advantage of the financial “crisis” to cash in big....yes,you and you in particular should stop hiding behind your “charity” deductions and pay upfront on your wealth....all of it....
Who cares what that fake capitalist obama loving welfare queen buffet says..
Buffetts Betrayal
http://blogs.reuters.com/rolfe-winkler/2009/08/04/buffetts-betrayal/
Pigs like him get your tax dollars through bailouts then put their money in trusts.
Let him write a check and give all his money to the government if he wants but he has a lot of nerve suggesting that others should have to.
Billionaire Wealth Giveaways Generosity or Tax Avoidance?
If Government is so Great, Why dont Rich Liberals Donate Money to it?
FUWB and STFU ! How about you paying taxes of those who make less than $100,000 ? Cut a check to do that !
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.