Lets slap a 90% capitol gains tax on anyone with a net value over one billion.
Ooooo...Buffett sounds like he’s getting nervous. This fits the category of “Be Careful What You Wish For”.
If we’re looking at a higher top rate, why not hit just the truly 1 percent - the folks who really make millions yearly? $250k may sound like a lot, but in expensive parts of the country it’s not real wealth.
Agreed. Warren might be on to something, here.
Let’s take advice from a guy that pays no taxes, other than dividend and capital gains. Worth as much as advice from a homeless bum, as neither are impacted.
Warren, pay the nearly $1 billion (yes, with a ‘B’) in back taxes you owe the IRS for the past 10 years, and then you’ll have some credibility to talk about taxes.
How did this become a discussion about tax rates and not spending. the Republican party is totally incompetent.
Pay your back taxes before you worry about what other people should pay, you old pervert.
Hey 500k 1000k 250k gosh 100k tax em all. That neighbor that you used to know you know, the one with the awesome pool, the one you wanted to grow up and be like. Just take his stuff oh wait you didn’t get the pool, or etc. etc. etc. so now I’m rambling on and on. Congrats America. I’m done now, sorry.
The Dems will "soften" and propose tax only those $500,000 and higher in the next deal offering.
If, as I believe, the central socialist government resembles what was eroding Spain in 1936, then weasels like Buffet (he goes through the line and TAKES) would be one of the first to disappear.
Here’s an idea: let’s tax big-mouth liberals of the “ i have so much money I don’t mind paying more taxes “ type 90% of their net worth....with the option to reduce it to 75% if they promise to shut up and go away.
Because it would be an even smaller drop in the bucket than the $250K deal? :-)
Good thing you are not John Boehner, not that he's going to do any better.
I am reminded of a quote from Sir Winston:
Churchill: Madam, would you sleep with me for five million pounds?
Socialite: My goodness, Mr. Churchill... Well, I suppose... we would have to discuss terms, of course...
Churchill: Would you sleep with me for five pounds?
Socialite: Mr. Churchill, what kind of woman do you think I am?!
Churchill: Madam, we've already established that. Now we are haggling about the price.
As soon as you concede the legitimacy of class warfare, you lose! You are not conservative! The libtards' game is to get us to accept a millionaire's tax, and then to keep redefining "millionaire" downwards.
Taxes should be low and flat. Period.
Warren is in the tax shelter business.
Life insurance remains one of the best tax shelters around, and Warren is deep into the insurance business.
If anything, the people making 500k and above should see additional tax cuts as it is their spending and investing that fuels the economy.
and........... decrease the standard deduction. It’s basic fairness
When did Warren Buffet get elected to office. Warren, sit down and STFU!!
No doubt Buffett has reasons for promoting higher taxes for the wealthy, but my guess is that it is not he that needs to pay more taxes, but the other guy. Liberals always believe the other guy, not themselves, are not paying enough taxes. It's part of their "blame everybody else" philosophy. Obama is an expert.
Buffo’s wealth is out of reach of our tax code, so he can shoot off his mouth all day.
