Page 11 of 22 FirstFirst ... 91011121321 ... LastLast
Results 101 to 110 of 216

Thread: Christie: Buffett Should ‘Write a Check and Shut Up’

  1. #101
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 10:58 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,606

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    claiming Buffett is of the same class as most of the top one percent is as specious as saying someone who makes 10 Million a year has the same interests as someone making 100K a year even though the 100K and the 10M guy are much closer than most of us in the top one percent are to Buffett. Buffett's demands for more taxation is classwarfare against the moderately wealthy

    anyone who thinks those of us making 375K-a few million a year have the same interests as a guy worth several billion and who makes 50-100 Million a year is really living in fantasy land. If you are making one million a year in investment income Obama wants to triple your taxes from around 150K a year to close to 450K a year. someone making a million who has his federal taxes go up 300K is going to have to make major lifestyle changes.

    SOmeone making 50-100 Million a year-not so much

    remember-the lefties claim that those uber billionaires really are spending only a fraction of what they make

  2. #102
    Banned
    Join Date
    Dec 2011
    Location
    The anals of history
    Last Seen
    07-25-15 @ 02:05 PM
    Gender
    Lean
    Progressive
    Posts
    10,348

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by Kushinator View Post
    Such a concept is exogenous of the available policy tools that government has at its disposal. If there were a "magic jobs button" i guarantee you that it would have been pressed (repeatedly) by now.

    Because it did not address my statement.

    The notion that regulation is killing employment opportunities has already been snuffed out. It is obvious to anyone with an objective pair of eyes that our employment shortfall is due to a lack of aggregate demand (which negatively impacts short to medium term investment). If you want to actually address my statement, then by all means go for it. But attempting to interject the notion that pent up supply is a drag on employment (via over-regulation) is nonsense.
    You stated: the most efficient way to raise revenue without (pay attention hacks, this is important) negatively impacting economic growth is for the wealthiest of Americans to effectively pay more in taxes.

    I refuted that by contending that the most efficient way to raise revenue is to raise people's incomes, and to reduce unemployment.

    The rebuttal seems pretty direct and clear, yet you don't feel it addressed your statement?

    Without ripping in to a fellow Chicagoan too badly, do you understand how business works, outside what you learned in Econ 101 at De Paul? Businesses have costs. Those costs are highly influenced by the price of energy. If you lower the price of energy, you lower the COGS for just about every business in America.

    That leads to a better economy.

    Corporations are taxed on profits. Lower costs for business = more profits = higher government revenue.

    Also, lower prices on consumer goods equals higher demand. Higher consumer demand coupled with wealthier businesses equal more jobs.

    Do you really fail to see how energy is an incredibly powerful economic driver?
    Last edited by Peter Grimm; 02-23-12 at 10:43 PM.

  3. #103
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 01:09 AM
    Gender
    Lean
    Independent
    Posts
    16,254

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by Peter Grimm View Post
    You stated: the most efficient way to raise revenue without (pay attention hacks, this is important) negatively impacting economic growth is for the wealthiest of Americans to effectively pay more in taxes.
    And again, you did nothing to address my comment, and instead chose to go off on a supply side rant that does not even begin to address the issues facing the U.S. labor markets. If you have no interest in addressing my comment, then please do not waste my time.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  4. #104
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 10:58 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,606

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by Kushinator View Post
    And again, you did nothing to address my comment, and instead chose to go off on a supply side rant that does not even begin to address the issues facing the U.S. labor markets. If you have no interest in addressing my comment, then please do not waste my time.
    If your time is that valuable perhaps you should be doing something other than wasting it on a board like this

    or reading his posts.

    Just Sayin.........

  5. #105
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 01:09 AM
    Gender
    Lean
    Independent
    Posts
    16,254

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by TurtleDude View Post
    If your time is that valuable perhaps you should be doing something other than wasting it on a board like this

    or reading his posts.

    Just Sayin.........
    If he has no desire to address my comment, then it is in fact a waste of my time. Going off on a supply side tangent simply does not suffice.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  6. #106
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 10:58 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,606

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by Kushinator View Post
    If he has no desire to address my comment, then it is in fact a waste of my time. Going off on a supply side tangent simply does not suffice.
    LOL-truly amusing that is.

    I thought this thread was about a fat cat whose hypocrisy is slurped up by the people who despise the rich and a governor who called him out on his idiocy

  7. #107
    Sage

    Join Date
    Jun 2011
    Last Seen
    10-28-17 @ 06:19 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    15,248

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by TurtleDude View Post
    what I find amusing is how many ne'er do wells and slackers worship BUffett thinking his position is actually based on a desire to help them.

    He does this purely to gain more power and influence. You've been played. And he is a class warrior-he represents the uber wealthy who wants to screw over the upper middle class and the somewhat wealthy
    Yeah, I'm sure a guy in his mid-seventies is really interested in gaining power and influence. Probably why he has given billions of dollars to the Gates foundation, also.

    Do you ever stop and think about what you are writing, or is it just a knee jerk 'if it's not something I believe it's evil'?

  8. #108
    Banned
    Join Date
    Dec 2011
    Location
    The anals of history
    Last Seen
    07-25-15 @ 02:05 PM
    Gender
    Lean
    Progressive
    Posts
    10,348

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by Kushinator View Post
    And again, you did nothing to address my comment, and instead chose to go off on a supply side rant that does not even begin to address the issues facing the U.S. labor markets. If you have no interest in addressing my comment, then please do not waste my time.
    Are you unable to follow basic logic? We are talking about cause and effect here. No wonder De Paul is the best school you could get in to.

    You stated: the most efficient way to raise revenue without negatively impacting economic growth is for the wealthiest of Americans to effectively pay more in taxes.

    I spelled out pretty clearly a MORE efficient way to raise revenue.
    Last edited by Peter Grimm; 02-23-12 at 11:05 PM.

  9. #109
    Sage

    Join Date
    Jun 2011
    Last Seen
    10-28-17 @ 06:19 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    15,248

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by TurtleDude View Post
    claiming Buffett is of the same class as most of the top one percent is as specious as saying someone who makes 10 Million a year has the same interests as someone making 100K a year even though the 100K and the 10M guy are much closer than most of us in the top one percent are to Buffett. Buffett's demands for more taxation is classwarfare against the moderately wealthy

    anyone who thinks those of us making 375K-a few million a year have the same interests as a guy worth several billion and who makes 50-100 Million a year is really living in fantasy land. If you are making one million a year in investment income Obama wants to triple your taxes from around 150K a year to close to 450K a year. someone making a million who has his federal taxes go up 300K is going to have to make major lifestyle changes.

    SOmeone making 50-100 Million a year-not so much

    remember-the lefties claim that those uber billionaires really are spending only a fraction of what they make
    You make 375K -1 million a year? That explains almost everything.

  10. #110
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 10:58 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,606

    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by Wiggen View Post
    Yeah, I'm sure a guy in his mid-seventies is really interested in gaining power and influence. Probably why he has given billions of dollars to the Gates foundation, also.

    Do you ever stop and think about what you are writing, or is it just a knee jerk 'if it's not something I believe it's evil'?
    actually I find your posts on this subject to be knee jerking. What does Buffett want now? a legacy where millions of people like you remember him with fondness might be a starting point

Page 11 of 22 FirstFirst ... 91011121321 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •