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Thread: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Also, having just said these things...I STILL don't trust the few billionaires out there screaming to have their taxes raised. Something is shady about those guys. Put the money where the mouth is, or shut the mouth up.
    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: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by KevinKohler View Post
    Wow. I really thought I was going to come back to this thread with a ton of flack for my changed position on capital gains taxes.


    I would like to add that these capital gains taxes would NOT apply to a 401K, or some other form of retirement...they would only apply to those capitals gains that are, essentially, income.


    Leave everything else alone, though. Don't raise taxes on incomes, anymore than they already are. Making a capital gains tax competitive with income taxes is, at it's core, simply closing an existing (giant) tax loophole.
    Warren Buffett and Bill Gates agree with you about the need to increase the capital gains tax rate ~

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    And there you have it, ladies and gentlemen. From the mouthes of some of the richest people in our nation saying "tax me more, I'm good for it!" It's no longer just Warren Buffet making this claim. Thus, the anti-tax-the-rich crowd cease with trying to protect the rich because many of them are essentially saying "Stop protecting me. Do what's right for the country, as well as those at the bottom who can't afford to pay any more taxes".

    If Conservatives in Congress claim they are listening to the public, they'd be smart to listen to that 1% that pays 53% of all federal income taxes. Mind you 40% of of Congress is classified as wealthy, but if we're to listen to both Michelle Bachmann and Sarah Palin who are now condemning crony capitalisimwhich, then I would think Congress would begin to take heed of what some of the wealthiest citizens in the country have to say on America's tax policy.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by Objective Voice View Post
    And there you have it, ladies and gentlemen. From the mouthes of some of the richest people in our nation saying "tax me more, I'm good for it!" It's no longer just Warren Buffet making this claim. Thus, the anti-tax-the-rich crowd cease with trying to protect the rich because many of them are essentially saying "Stop protecting me. Do what's right for the country, as well as those at the bottom who can't afford to pay any more taxes".

    If Conservatives in Congress claim they are listening to the public, they'd be smart to listen to that 1% that pays 53% of all federal income taxes. Mind you 40% of of Congress is classified as wealthy, but if we're to listen to both Michelle Bachmann and Sarah Palin who are now condemning crony capitalisimwhich, then I would think Congress would begin to take heed of what some of the wealthiest citizens in the country have to say on America's tax policy.
    These folks can voluntarily pay more taxes, by taking fewer deductions; no deductions, even.

    If they're not already doing that, then the whole, "please, tax me more", mantra is just bull****.
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    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by Catawba View Post
    Warren Buffett and Bill Gates agree with you about the need to increase the capital gains tax rate ~

    The same Warren Buffet that's a billion dollars in the rears to the IRS? That Warren Buffet?

    Of course he doesn't mind his taxes getting raised, he isn't paying his goddamn taxes, anyway!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Buffett patriotism: he puts his money where his mouth is!

    "Warren Buffett’s $5 billion investment in struggling Bank of America is the latest iteration of a business philosophy that you might call dollar patriotism.

    Earlier this month, in an op-ed column in The New York Times, Buffett urged Washington in this period of “shared sacrifice” to stop coddling the rich, raise taxes on millionaires, and jack them up even higher for the mega-rich (anyone pulling in more than $10 million a year).

    And now he is bucking up BofA and Wall Street and the country much as he did in the darkest days of the financial crisis."

    Read more: Warren Buffett's Patriotic Bailouts - Business Insider
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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by Catawba View Post
    None of that does anything to answer the question I put to you. Twice now you have avoided the direct question:

    "Where are the jobs that conservatives said they would create with capital gains tax cuts we continued last year???
    The short answer is that the massive regulations that your man put into effect through his fiat government has done its job to make sure that Obama presides over the decline like he wanted to. Congratulations.

    j-mac
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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by Objective Voice View Post
    And there you have it, ladies and gentlemen. From the mouthes of some of the richest people in our nation saying "tax me more, I'm good for it!" It's no longer just Warren Buffet making this claim. Thus, the anti-tax-the-rich crowd cease with trying to protect the rich because many of them are essentially saying "Stop protecting me. Do what's right for the country, as well as those at the bottom who can't afford to pay any more taxes".

    If Conservatives in Congress claim they are listening to the public, they'd be smart to listen to that 1% that pays 53% of all federal income taxes. Mind you 40% of of Congress is classified as wealthy, but if we're to listen to both Michelle Bachmann and Sarah Palin who are now condemning crony capitalisimwhich, then I would think Congress would begin to take heed of what some of the wealthiest citizens in the country have to say on America's tax policy.

    There are 'useful idiots' in every aspect of financial class. Buffet, and Gates are no exception. Remember, they are angling for the elite, Socialism is for the people, never the Socialist.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by j-mac View Post
    There are 'useful idiots' in every aspect of financial class. Buffet, and Gates are no exception. Remember, they are angling for the elite, Socialism is for the people, never the Socialist.

    j-mac
    Interesting the two richest people in a capitalist society are useful idiots.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by j-mac View Post
    The short answer is that the massive regulations that your man put into effect through his fiat government has done its job to make sure that Obama presides over the decline like he wanted to. Congratulations.

    j-mac
    And the proof of this absurd claim is??? I call BS talking point!
    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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