Memo to Warren the estate tax hits a lot of middle class people who, unlike yourself, can’t hide their money away in trusts.
I really don’t get his mindset. Why is he so concerned about taxing everyone else? Why doesn’t he just give his wealth to the government? He is truly an evil man.
If Buffett wants to bequeath his property to the US Treasury, he has my blessing. But he should not encourage Congress to take away my private property and redistribute it upon my death.
This buffoon should stick to speaking for himself.
Getting rid of the inhertiance tax will generate more tax revenue as property will not get a new basis in the estate.
Also less money will be given away to stupid liberal causes.
Warren... why don’t you just write a check to the IRS and get it over with? why burden your offspring with the maladies of government?
Warren can easily write a check to the U.S. Treasury for any sum he wants. That would not assuage his liberalism, however, which can be sated only with other peoples’ money.
I have absolutely no respect for Warren Buffett. he talks a good game, but when it comes down to it, he doesn’t ‘walk the walk’.
If he did, he’d pay far more in taxes, willingly, then he does year after year after year.
STFU Warren, in short. Your a hypocrite.
He wants to keep things as is because money that is spent on life insurance flows to him, and life insurance benefits are tax free. It’s naked self interest, as National Review Online explained today.
What a POS! He’s got all his money tied up in various trusts so that the tax won’t hit him but he pretends that he’s ready to take the hit. Eliminate all the trusts and he’ll be squealing like a damn fat pig.
But asshat himself has his money going into trusts for "philanthropic" organizations run by (and paying salary to) his family.
He's also thrown a huge chunk of cash to his felllow pauper Bill Gates's for Bill and his lovely bride to disperse.
These moves effectively eliminate the possibility that any of his money will be recycled through "public coffers" after he lays down for his impending dirt nap.
Mr. I GOT MINE.
Buffet is full of himself. The estate tax hits the middle class because most people do not realize their total value can be taxable. With the inflated housing market it is going to hit more people.
If Buffet is SO worried he should just leave his estate to the US government rather than to abortion advocates.
Don’t tax you, don’t tax me, tax the guy behind the tree. If the government is going to spend money, then someone has to pay, even if it’s the next generation plus interest.
If wealth represents “the resources of society” as he suggests, why has Buffett taken so much of it for himself? He certainly didn’t earn it, because it’s not his to belong with, right? So, let’s confiscate his estate and give it back to the people he must have stole it from. See where socialism and liberal guilt get you, Warren?
What bull puckey. He’ll put his dough in a tax exempt foundation, put his kids on the board and see that they have power over the money and vast income without paying tax on it.
WARREN BUFFET SELLS ESTATE TAX INSURANCE TO SMALL BUSINESS
http://www.foxnews.com/story/0,2933,129779,00.html
BFD...
Buffet’s got terminal affluenza.
He should shut up and make more money.
The estate tax simply offsets higher taxes that would be otherwise lodged against OTHER "estates", and ends up providing the rich and super rich with a tax break they do not otherwise deserve, nor have they earned.
Of course Warren Buffett wants the estates taxed ~ else, he'd have to pay higher taxes on his own earnings.
Let's tax Warren and his running dog lackeys in the here and now, at the current value of the cash we will collect, rather than later, at a substantially discounted rate.