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Thread: Warren Buffett releases tax figures to GOP

  1. #61
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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Catawba View Post
    Not really interested in your speculation, but thanks just the same!
    Not speculation, but fact. Thanks all the same.
    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

    They won't accept this. They'll spin and spin....

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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
    We should remember that what Buffet proposed and what Obama proposed are materially different.

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by KevinKohler View Post
    Not speculation, but fact. Thanks all the same.
    Fact can only be determined by evidence. You have provided none.
    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 washunut View Post
    We should remember that what Buffet proposed and what Obama proposed are materially different.
    Show us the final version of Obama's tax proposal please.
    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

    The reduced tax rates for capital gains are now considered a loop hole?

    I think I just wet myself. Let's close that loophole ASAP! Income is income, let's tax it the same.

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Reg View Post
    Buffet could direct Berkshire to pay its taxes if he wanted it so.
    Berkshire is not delinquent on its taxes. Don't make me post my long explanation of deferred taxes and tax accounting again.

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    Re: Warren Buffett releases tax figures to GOP

    They are disputing, i.e., refusing to pay taxes for four out of the last ten tax years.

    I didn't say delinquent.

    I don't do word dances.

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Catawba View Post
    Show us the final version of Obama's tax proposal please.
    Are you disputing that Obama wants to change taxes for people above $250K versus the $1 million that Buffet discusses?

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    Re: Warren Buffett releases tax figures to GOP

    Quote Originally Posted by Reg View Post
    They are disputing, i.e., refusing to pay taxes for four out of the last ten tax years.

    I didn't say delinquent.

    I don't do word dances.
    Virtually every company that has a $30B deferred tax liability is under constant audit from the IRS. In fact, the IRS often have offices on the premise. They are in constant dispute, particularly when they have very complex businesses (acquisitions, insurance and railroads) are extremely complex. Sorry, but there is zero issue here. It's a bit analogous to seeing an accounts payable on the balance sheet and arguing they aren't paying their bills.

    http://www.debatepolitics.com/breaki...post1059871774

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