[abb]

When I see a video of Buffet writing an extra check to the US Treasury over and above what the law says he owes, then I will pay attention to what he says.

Until then...

[stevem]

Buffett is so lame. Listening to him talk is more tiresome that mowing grass. It's also less interesting. If he thinks he underpaid his taxes, just send a check in for the additional amount he owes.

If he thinks the problems with our elected gentry is they don't collect enough taxes, then he is getting senile.

[radioone]

6-million in taxes???? Warren needs to fire his accountants and use the same ones as General Electric.

[Ann Archy]

Just write a FREAKING CHECK you old fool!!! NOTHING is stopping you!!!

Hey Hypocrite.....you gave your billions to Gates for a SLUSH FUND...A TAX FREE SLUSH FUND!! STFU!

[kingu]

You're absolutely right, Mr. Buffet, it is time for shared sacrifice. It's time for federal pay to be reduced, for benefits to come in alignment with the actual compensation scales, and for all the zillion perks of Congress to come crashing down.

It is time for the private jet set to be dialed back - we can start with the congress who thinks that this nation's air assets are their private limos. We can start with retirement plans for congressmen and other appointed officials. We can start with trimming federal vacations to just two weeks a year.

It's time the millionaires and billionaires in Congress shared some of the people's sacrifice. Oh, and to make Warren happy, a nice space on the tax return where he can put down any amount of self-tax he desires to give to the federal government.

Set federal pay scales to equivalent salaries of our nation's armed forces. Eliminate all benefits for elected and appointed officials. Require congress to maintain their households in their home states and districts, rather than moving their whole families to Washington DC. It is a public service, not a career. It's about time that congress stop looting the people's money and embezzling it for their favored peons.

And, heck, tax Warren Buffet half of his assets.

[tobyhill]

He just needs to stop taking deductions and “pay his fair share”.

[gusopol3]

It sounds like a lot of the people in his office are going to be above the $250k threshold to get their taxes raised on the first cut also.

[LibLieSlayer]

Okeedokie... IRS... take every penny this MF’er has... take his homes, cars, businesses, vacation homes, artwork, jewelry... Congress... pass a law whereby the Fed seizes all assets of billionaires leaving them with 50 million dollars max... see if this billionaire communist pervert likes “rough sex” more than “coddling”. I have always despised buffet... and for that fact his butt buddy gates. Take his crap too!

LLS

[norwaypinesavage]

It seems to me the GOP should end this silliness by proposing a "Buffett Tax". This would be a niche in the capital gains tax rate aimed at rich speculators who use capital gains for income, not investment. It could be indexed for inflation to eliminate the problem we now have with the AMT.

This wouldn't bring in much revenue, but it would shut up the sanctimonious rich democRats.

[liberalh8ter]

Buffet is a tool. He’s advocating for increasing the super rich because he makes his money helping the super rich park their fortunes in tax-protected vehicles like life insurance and trusts. The more taxes levied upon the wealthy, the more they seek shelter and the more Buffet profits. If he was truly seeking fairness, he’d be advocating a fair Federal sales tax.

[traditional1]

Senility?

[Right Wing Assault]

To show how generous and fair minded he is, I suggest to him that he select what he thinks his tax rate should be, pay it, and then pay all of his previous yearly incomes at the highest rate, too.

If he feels he is being under-taxed currently, then he must have been under-taxed for years and years previously.

[HChampagne]

I do not mind paying taxes. I mind sending the money to be wasted in DC. By the way. The super rich do not pay taxes, they collect taxes.

[Road Warrior ‘04]

Mr. Buffett, may I call you Warren? Anyway, Warren! If you feel the need to commit other people's money for taxes, please, by all means, send the amount YOU think YOU should send and then YOU send billions more!

You no longer are the Oracle of Omaha. You now, sir, are the

FOSSIL OF OH-MAHA!

[luvbach1]

If you’re paying $6,938,744 in taxes and it’s only 17& of your taxable income, you must be doing something right.

[RayChuang88]

Warren, if you want to get a MUCH wider tax base, the first place to start is to gut the current income tax system and at minimum start all over again with a no-loophole single-rate income tax--the Steve Forbes income tax plan.

Why? Because it offers these advantages:

1. US$13,000 per adult in a two-adult household, US$20,000 for a single adult head of household and US$9,000 per child initial income exemption for earned income (paycheck and pension income).
2. Low, flat income tax rate of around 17.5% above that exemption.
3. No more including bank account interest, capital gains and stock dividend payments towards earned income.
4. A tax form so simple that for most personal taxpayers it would be simpler than the IRS 1040 EZ form used now. Business tax filings will be vastly simpler, too.
5. With no more complicated tax forms to deal with, yearly tax compliance costs is US$75 billion, NOT US$300 billion it is now. That means US$225 BILLION per year freed up for more productive economic activities.
6. Millions of jobs, thousands of factories and hundreds of corporate headquarters return to the USA under better tax circumstances, promptly lowering the unemployment rate.
7. Most of that US$14 TRILLION in American-owned assets now sitting in offshore financial centers for tax avoidance reasons return, properly recapitalizing our banks so they could lend out money for business loans and lines of credit, not to mention helping substantially cutting the Federal deficit itself!
8. Best of all, by eliminating almost every tax loophole except the initial household income exemption, we eliminate the most insidious form of corruption in Washington, DC--the constant lobbying for tax loopholes by half the lobbyists in DC and the Federal government using the tax code to favor or punish almost anybody.

So what are we waiting for?

[PGalt]

GRRRRREAT comments BUMP!

[j.argese]

He and his “Billionaire Buds” can pay as much as they damn well please and they know it. But per typical of these liberal tightwads, they ain’t paying unless they know everybody else is going to pay.
I’m to the point when the next jackass like this opens his/her piehole, Uncle Sam will confiscate his wealth down to the last penny and see how he likes locusts and wild honey!

[HGSW0904]

It chaps my backside when he spouts this nonsense.

He’s comparing income tax rates to what he is actually taxed on: capital gains. Warren Buffet’s money does NOT come from salary; it comes from investments. I imagine a significant number of those investments came from after-tax dollars, in which case, he’s already paid the income tax on those dollars, and is paying a further tax on the money he earns from the gains/interest of those dollars.

Then he points to people paying 30%+. That would be in income tax....and frankly, it’s got to be some other taxes as well unless the people in his office are complete buffoons and making an @#$load of money.
Not to mention that they would have to be taking nothing more than the standard deduction with no dependents etc.

But does our stellar media call him on the discrepancy? Nope! They cheer him on: isn’t it disgusting that he pays less in income tax??? (pulling my hair out...)

[PMAS]

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