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

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

    Quote Originally Posted by ReverendHellh0und View Post
    Buffet's secratary pays the same rate as he does on capitol gains.
    And everyone in the country pays the exact same percentage in income tax then. I paid 35% on everything I earned over 250,000 dollars. It equaled out to 0, but I did pay the correct percentage...

    Thanks for arguing that our progressive income tax structure is completely fair...
    Quote Originally Posted by TurtleDude View Post
    uh that is so small as to be stupid. Do you want registration? given less than 3% of criminals get their guns from private sales, its pretty much a waste of resources
    **Thirty Minutes Later**
    Quote Originally Posted by TurtleDude View Post
    you are confused. I never denied that many criminals get guns in private sales.

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

    Quote Originally Posted by Jeezy View Post
    Are we defining the revocation of exemptions as a backdoor tax increase?
    I don't see why not. My comment stems from the relationship between savings rates among different income demographics, and how that impacts growth given different effective rate differentials.
    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

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

    Quote Originally Posted by AdamT View Post
    No, not much. You?
    Could have fooled me, She is a secratary, if she wanted private planes, she should have chose a better career. Class envy is such an ugly thing.
    Let evil swiftly befall those who have wrongly condemned us

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

    Quote Originally Posted by haymarket View Post
    And this is important because.......?????????????????


    Class envy is such an ugly thing. It's important because we should compare apples to apples.
    Let evil swiftly befall those who have wrongly condemned us

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

    Quote Originally Posted by Your Star View Post
    What a horridly simplified critique of Buffets view.
    "If you wanna protect the environment, go recycle that Coke can. Let the rest of us litter in peace!!"
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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

    Quote Originally Posted by roughdraft274 View Post
    And everyone in the country pays the exact same percentage in income tax then. I paid 35% on everything I earned over 250,000 dollars. It equaled out to 0, but I did pay the correct percentage...

    Thanks for arguing that our progressive income tax structure is completely fair...


    uhm, FAIL..... can't really say anymore on your post here.
    Let evil swiftly befall those who have wrongly condemned us

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

    Quote Originally Posted by Peter Grimm View Post
    The most efficient way to raise revenue is to raise people's incomes and reduce unemployment. More people with jobs = more taxpayers.
    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.

    Didn't even break a sweat on that one.
    Because it did not address my statement.

    I'll even give you a concrete example of something we can do. If we were to open up drilling in the Gulf of Mexico, Alaska, and do away with silly regulations on hydrofracking in the Marcellus Shale, we would create hundreds of thousands of high paying jobs, infuse trillions of dollars of wealth in to the economy, lower business costs across the board, and have more revenue than we know what to do with... all without having to increase taxes one penny.
    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.
    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

  8. #78
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    Re: Christie: Buffett Should ‘Write a Check and Shut Up’

    Quote Originally Posted by StillBallin75 View Post
    "If you wanna protect the environment, go recycle that Coke can. Let the rest of us litter in peace!!"
    It's more like if you were lecturing others on how important it is to recycle while not recycling yourself.

  9. #79
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    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.
    Hmm, are you going to argue that the price on products is not driven up by regulatory burden?
    Because last time I checked, when you drive price up, demand goes down if everything else stays the same.
    Maybe we have a lack of agregate demand because we have higher prices driven by regulatory and tax burdens built into products. Which could also be argued to be driving down wages because of the amount of cost going out per employee, not just their wages, but the tax burden, SS burden, rising disability insurance, mandated health insurance costs...

    Im going to argue that the increased tax and regulatory burden (including Obama care) is depressing wages, depressing profits and inhibiting hiring, investment and this is pushing towards less available consumer demand. Hence, oversupply.

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    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.
    They would have pressed it like a fat kid trying to run on Nintendo's Track and Field game.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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