Posted on 08/22/2011 4:39:05 PM PDT by Sub-Driver
My Response To Buffett And Obama Before you ask for more tax money from me, raise the $2.2 trillion you already collect each year more fairly and spend it more wisely. By HARVEY GOLUB
Over the years, I have paid a significant portion of my income to the various federal, state and local jurisdictions in which I have lived, and I deeply resent that President Obama has decided that I don't need all the money I've not paid in taxes over the years, or that I should leave less for my children and grandchildren and give more to him to spend as he thinks fit. I also resent that Warren Buffett and others who have created massive wealth for themselves think I'm "coddled" because they believe they should pay more in taxes. I certainly don't feel "coddled" because these various governments have not imposed a higher income tax. After all, I did earn it.
Now that I'm 72 years old, I can look forward to paying a significant portion of my accumulated wealth in estate taxes to the federal government and, depending on the state I live in at the time, to that state government as well. Of my current income this year, I expect to pay 80%-90% in federal income taxes, state income taxes, Social Security and Medicare taxes, and federal and state estate taxes. Isn't that enough?
Others could pay higher taxes if they choose. They could voluntarily write a check or they could advocate that their gifts to foundations should be made with after-tax dollars and not be deductible. They could also pay higher taxes if they were not allowed to set up foundations to avoid capital gains and estate taxes.
(Excerpt) Read more at online.wsj.com ...
Buffett has become the American version of George Soros. He’s a villain. The Onan of Omaha.
Buffett is now and has always been a complete and utter fraud. He is an impostor, a grifter, a shill and a moral degenerate. And, like most of his kind, he has a slavish fan base.
While I am not wealthy, there yet may still come a time that I invent something, discover something, or otherwise stumble onto a honest means to create great wealth for myself and my family.
Since I don't put any effort into seeking great wealth beyond buying two weekly LOTTO tickets,the chances of my obtaining it are small, but still there.
Having observed some few very wealthy people, many more of fluctuating incomes, and a few very poor people, I see no difference in happiness levels between my own economic peers and “others”, except for how each one of us personally handle wielding money and power, or the lack.
One wonders if he voted for Mr.Obama and considered himself one of those brilliant, really-really smart, intelligent,
middle-of-the-road Independents.
Just asking.
He should write a Liberal/Progressive representative in Congress and ask him/her to stop taxing and spending so much.
(ROTFLMAO)
Excellent article. We should demand line item accountability. Billions of dollars of our tax money is being spent with nothing to show for it.
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