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Thread: Warren Buffett releases tax figures to GOP

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Catawba View Post
    I am saying there is zero evidence that he has illegally avoided taxes, while there is verifiable evidence that he has petitioned to have his taxes increased.
    nobody has claimed that his tax avoidance is illegal... and to be quite honest, he doesn't have ot petition anyone to raise his taxes.... it's his checkbook, he can raise his own taxes if he wanted to.
    there is no maximum limit of taxes you can pay.. if you owe 10 bucks, you can give uncle same 20 bucks if ya really want to.
    there is also no requirement to take deductions... they are available, but you are not forced to use them.


    I'm not sure why you would break out the "Patriot" card though... that's seems rather senseless to me.
    paying taxes has nothing to do with patriotism.

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Catawba View Post
    I am saying there is zero evidence that he has illegally avoided taxes, while there is verifiable evidence that he has petitioned to have his taxes increased.
    Nice red herring using "illegal" - I've never claimed it was illegal, I'm claiming Buffet's a hypocrite - which is also not illegal. Care to try and change the subject again?
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by KevinKohler View Post
    There is verifiable evidence that he has petitioned to have his non legally avoidable taxes increased.
    The Buffet Rule - "The rule stipulates that people who make more than $1 million a year should pay at least the same percentage of their earnings as middle-class Americans. "
    http://www.nytimes.com/2011/09/24/yo...s-suggest.html
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  4. #54
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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Catawba View Post
    The Buffet Rule - "The rule stipulates that people who make more than $1 million a year should pay at least the same percentage of their earnings as middle-class Americans. "
    http://www.nytimes.com/2011/09/24/yo...s-suggest.html
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    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Ockham View Post
    Nice red herring using "illegal" - I've never claimed it was illegal, I'm claiming Buffet's a hypocrite - which is also not illegal. Care to try and change the subject again?
    If that is your claim, provide your proof, because you have not shown that Buffett is a hypocrite. Also, please explain why Buffett petitioned to have his taxes increased, if he wished to avoid paying taxes?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Catawba View Post
    If that is your claim, provide your proof, because you have not shown that Buffett is a hypocrite. Also, please explain why Buffett petitioned to have his taxes increased, if he wished to avoid paying taxes?
    He utilizes every legal means to pay fewer taxes on his companies profits, which, due to the fact that he owns that company, equals, at the end of the day, his income. Meaning, the bulk of his actual income is not affected by his proposal to increase taxes on the wealthy, making him a hypocrite.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Thrilla View Post
    nobody has claimed that his tax avoidance is illegal... and to be quite honest, he doesn't have ot petition anyone to raise his taxes.... it's his checkbook, he can raise his own taxes if he wanted to.
    there is no maximum limit of taxes you can pay.. if you owe 10 bucks, you can give uncle same 20 bucks if ya really want to.
    there is also no requirement to take deductions... they are available, but you are not forced to use them.
    One person sending in his fair share of taxes is not going to fix debt caused by 30 years of tax breaks for the wealthy.


    I'm not sure why you would break out the "Patriot" card though... that's seems rather senseless to me.
    paying taxes has nothing to do with patriotism.
    Putting country and your fellow citizens before greed is patriotism in my book.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by KevinKohler View Post
    He utilizes every legal means to pay fewer taxes on his companies profits, which, due to the fact that he owns that company, equals, at the end of the day, his income. Meaning, the bulk of his actual income is not affected by his proposal to increase taxes on the wealthy, making him a hypocrite.
    "Mr Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes"
    Warren Buffet has a lower tax rate than his secretary | The Unofficial Stanford Blog

    You do understand that anyone who's income is primarily from investments, pays a lower tax rate than the middle class, right?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Catawba View Post
    "Mr Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes"
    Warren Buffet has a lower tax rate than his secretary | The Unofficial Stanford Blog

    You do understand that anyone who's income is primarily from investments, pays a lower tax rate than the middle class, right?
    And due to the laws ALREADY IN PLACE, that was all he was held liable for. Because he is already utilizing the existing loopholes for profits to avoid taxation. Do you honestly think his company only made what he paid his employees plus 46 million this year, lol????
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by KevinKohler View Post
    And due to the laws ALREADY IN PLACE, that was all he was held liable for. Because he is already utilizing the existing loopholes for profits to avoid taxation. Do you honestly think his company only made what he paid his employees plus 46 million this year, lol????
    Not really interested in your speculation, but thanks just the same!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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