Posts Tagged ‘Warren Buffett’

Billionaire tax hike advocates: Shut up and just hire us instead!

July 3, 2012

This shows what’s wrong with believing the polls without thinking between the lines.

http://nationaljournal.com/columns/all-powers/the-tax-gamble-20120619

Similarly, a mid-April CBS News/New York Times poll found that 56 percent of all voters (and 57 percent of independents) said the “best way to promote economic growth” was to raise taxes on the wealthy and “spend more on education and the nation’s infrastructure.” A CNN/ORC poll conducted around the same time found 68 percent of voters (and 67 percent of independents) agreed “the tax system benefits the rich and is unfair to the ordinary working man or woman.”
These polls are rigidly consistent with every internal Obama campaign poll and the overwhelming reaction of focus groups. With an assurance that may startle hand-wringing Democrats, Team Obama doesn’t believe the campaign has been fully joined and Romney has not been remotely tested on his fidelity to GOP tax orthodoxy. Obama and his top advisers are certain—and they exude airy nonchalance in the face of intra-party vapors to prove it—that Romney is the perfect vessel for their tax-villainy argument

You might think it also shows how inept Republicans are on the tax issue, but credibility and hidden lines in legislation and enforcement have themselves wrapped around it tighter than a professionally gift-wrapped box of goodies.

Most big-name Republicans are thinking that if they blew the whistle on Obama’s weakest points on the subject of taxes and the rich and poor, they would expose themselves.

Major Garrett missed the point in the linked article, I think.

But a lot of pollsters don’t miss it. They could blow the whistle on the scam but that would be biting the hand that feeds them.

Okay, okay, here’s the trick, and the irony, and the sarcasm, and the scam.

If you ask me whether “the tax system benefits the rich and is unfair to the ordinary working man or woman”, you bet that in less than one instant I would agree as fast as I could. I don’t know who could honestly disagree with it, for one reason or the other, except a few who might recognize the use somebody’s going to make of the answer. By that I mean there might be some people who recognize that if they say they agree, it will be viewed as saying they are for “raising taxes on the rich”.

The whole thing is unfair to everybody when government is in the middle, because they are the absolute worst middleman between somebody with money and somebody without it. A lot of Mafia dons do better work with the money they steal from other people, and a lot of that is money they get from people voluntarily, like with the drugs and illegal betting and such things. Taxes are not voluntary.

But it’s worse than all that.

The tax system we have in the USA right now is unfair and benefits the rich because while the middle class has to pay them, many of the very biggest and richest investors do not. Warren Buffet blew the whistle on himself, if fact, but he left out some of the most important factors.

He pays a lower percentage than his secretary for two reasons. He has an army of tax attorneys at beck and call, who it is fair to presume not only know how to squeeze the best for the boss out of the “tax system”, and his companies, but also presumably help write the laws.

And note the lying deceit in Buffet’s demand for more and higher estate taxes from this tycoon. In Nebraska, higher estate taxes would kill off family farms faster than anything, as they already do, along with a tax and regulation system that big agribusiness has little problem with.

When CNBC or FBC want to know how something will affect businesses, they interview the CEO’s of the very biggest companies. But where it counts most is for the small businesses. Sure, some of the tax and borrow revenues in government, all of them in fact almost, hurt business big and small, but not equally.

So, we agree, the present tax system isn’t fair, we need more investment and innovation in areas like laser technology, medicine –especially natural remedies and nutrition-based preventive education, good academic education in general, housing, cold-fusion technology, and the economy in general. But most of us among the poor and middle class do not have the resources for it. So we need to unleash the investment power of those who have it.

To invest, though, they won’t know how much they’ll be able to actually use, unless they reasonably know they will have it. So if they are sitting on it, the fastest way to get them to actually invest it is to let them know you’ll leave them alone.

If they can invest it, they’ll hire the rest of us. Why wouldn’t they? Does that sound so complicated?

It’s not our money anyway, unless it is ours. Tell Buffet that’s all nice and good, but he doesn’t speak for the rest of us. We want hypocrites that preach at us to tax them more along with the other billionaires to SHUT UP AND USE THAT MONEY TO HIRE US AND INVEST.

After all, not all his billionaire peers make so much money from the largesse of politicians and demagogues. The Buffet business style has lost all its shiny glory.

And to tell their lobbyists to get the politicians to get their hands off and leave it alone!

“Thou shalt not steal.” That should have been the Republican Party answer to Buffet’s millionaire tax plan. But they can’t because they believe in the same taxation policy for their own ends.

Except for the ones that don’t. There are a small handful in Congress today that want Washington DC to stop stealing so much from the economy. They deserve attention, and they deserve more like colleagues.

Related articles:

 

‘Impressed’ and ‘Delighted’ Hypocrite Warren Buffett Matches one GOP Rep’s Deficit Donations

January 21, 2012

This billionaire hypocrite tried to turn it around on Boehner‘s invitation to him to put his money where his mouth is and contribute what he thinks he should pay to bring down the deficit.

‘Impressed’ and ‘Delighted’ Warren Buffett Matches one GOP Rep’s Deficit Donations:
http://finance.yahoo.com/news/impressed-delighted-warren-buffett-matches-204656439.html

Hey! Let us see Buffet match the money that Ron Paul refuses to take in Congressional salary! But Buffet playing the game that got his where he is I guess (and I thought he was maybe just a savvy investor and nothing more), no doubt does not want to give the only honestly constitutional representative in Congress any more publicity than does the rest of Compromised Media.

It was Buffet who complained about his tax rate, it wasn’t the Republicans in Congress! Hypocrite Times Ten! Buffet’s retort should have sent waves of uproarious laughter throughout the Internet!

Then his fellow rich guys like Michael Moore claim they don’t want to be disadvantaged against the other zillionaires, but then they have no right to claim to be speaking for them either. They just want us to conspire to help take away the money earned by smart labor, saving, investment and efforts of those who earn a little more than the rest of us, and from other potential competitors.

I would welcome Warren Buffet to pay normal tax bracket percentages on the ONE BILLION DOLLARS he hid from the tax man in his so-called “non-profit” trusts he left to his children to run, and pay the same tax bracket amount on the ELEVEN BILLION DOLLARS he hid by putting it into Bill Gates‘ “charity”, a “non-profit” that makes noises about reducing the numbers of the rest of us in the world, and “promoting education” in Microsoft products around the world.