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Thread: White House Tax Plan Would Ask More of Millionaires

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Redress View Post
    That is the claim of the president actually, which he clearly states. Buffett was the one who brought up the claim, and instead of actually addressing it, he is called a socialist and irrelevant stats are thrown around.
    You can post his clearly stated remarks concerning capital gains at any point. I would love to read them.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by pbrauer View Post
    So, you don't believe him even though you have no evidence he lied. Yup, you're a conservative.
    There is no evidence that he isn't lying but I guess like with Obama you are willing to believe anything? The problem with that is the end results make you look foolish.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    If you have to ask then you have no business talking about a civics education. I always thought you were educationally challenged when it came to understanding civics. I guess we elect a King when a Republican is in the WH and Democrats control the Congress but don't when a Democrat is elected to the WH and has a Democrat Congress?
    Where did you learn that Congress has control of private business?


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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Redress View Post
    And yet you have totally failed to show he was lying, and had to give up on the attempt. Kinda interesting...
    He engaged in dishonesty on several levels. He claims he pays less than his secretary in terms of tax rate

    that is dishonest on several dimensions

    1) he has not said what his secretary makes so there is a failure of proof

    2) secondly, he has structured his compensation so as to have a minimal salary thus avoiding taxes though he pays 35% on his salary but his overall rate, mostly investment income is lower

    3) unless his secretary is making 200K or so her EFFECTIVE tax rate is still lower than his. what he claims is her next dollar is taxed probably at 25% while his at 18%



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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Redress View Post
    Supporting higher taxes on himself is not hypocrisy. Kinda the opposite in fact.
    Con should know a lot about hypocrisy. I wonder if Con realizes that the vast majority of jobs that were created under GWB were federal government jobs. So much for that "conservative" value of a small central government.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by pbrauer View Post
    Are you calling billionaire Warren Buffet a liar?
    I think we should wait and see what the plan of attack is, if we even ever get one and then decide what we should call him.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Redress View Post
    Supporting higher taxes on himself is not hypocrisy. Kinda the opposite in fact.
    not giving lots extra to the government is

    and he has structured his estate so the government gets ZERO dollars but he clamors for higher death taxes



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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by pbrauer View Post
    Where did you learn that Congress has control of private business?
    you buy what Buffet says because you want to believe it, where is your proof then you want to blame Bush for the legislative and budget approved by a Democrat controlled Congress and act like Bush implemented it alone? That says a lot about your civics education?

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    There is no evidence that he isn't lying but I guess like with Obama you are willing to believe anything? The problem with that is the end results make you look foolish.
    Kinda like the way you look when you post a link based on a headline without actually reading the article?
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by 1Perry View Post
    You can post his clearly stated remarks concerning capital gains at any point. I would love to read them.
    http://www.nytimes.com/2011/08/15/op...rich.html?_r=1

    Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they’d been long-term investors.
    The mega-rich pay income taxes at a rate of 15 percent on most of their earnings but pay practically nothing in payroll taxes. It’s a different story for the middle class: typically, they fall into the 15 percent and 25 percent income tax brackets, and then are hit with heavy payroll taxes to boot.
    Is that not clear?
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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