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Thread: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

  1. #21
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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by whysoserious View Post
    Conservatives sure show their hypocrisy here. Buffet is one of those fabled "job creators" but they all hate on him because he leans a different way.

    I am surprised you don't all light candles, sing songs, and sacrifice a lamb every time he and his kind are mentioned.
    Yea conservatives are the only hypocrites......riiiiight. (eyes rolling)

  2. #22
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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by muciti View Post
    Yea conservatives are the only hypocrites......riiiiight. (eyes rolling)
    If you don't feed it, it will go away.
    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

  3. #23
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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by Rhapsody1447 View Post
    If you don't feed it, it will go away.
    "Refusing the pay taxes on private corporate jets? Man, what a 1% thing to do. Stay classy, Buffet."

    Indeed.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... 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."

    -- Adam Smith

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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by AdamT View Post
    "Refusing the pay taxes on private corporate jets? Man, what a 1% thing to do. Stay classy, Buffet."

    Indeed.
    I'm still hungry. Feed me more
    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by Rhapsody1447 View Post
    Buffett

    Refusing the pay taxes on private corporate jets? Man, what a 1% thing to do. Stay classy, Buffet.
    That's not what the story says.

    You should go work for Fox News, masterful spin of a non-story into partisan hackery...

    And your 'stay classy' comment is snarky and asinine.

  6. #26
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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by hazlnut View Post
    That's not what the story says.
    Refusing (v.) -
    Indicate or show that one is not willing to do something.
    Indicate that one is not willing to accept or grant (something offered or requested).

    From wiki:

    NetJets has been involved in a tax dispute with the IRS. Commercial airlines are charged tax per passenger ticket to pay for various Federal Aviation Administration activities. Private aviation is not charged the same tax. The IRS has argued that the NetJets fractional ownership model is really disguised commercial aviation in some cases, and has assessed NetJets with unpaid taxes and penalties exceeding $366 million.[8] NetJets has sued the IRS over this assessment and previously paid taxes and penalties exceeding $643 million.[9] The recent FAA re-authorization bill contains a provision that would (temporarily) address the issue by changing the law to support NetJets and other fractional ownership airlines, after what was reported to be a $2.5 million lobbying effort by NetJets, the largest fractional jet ownership airline by market share.[10]
    Quote Originally Posted by hazlnut View Post
    You should go work for Fox News, masterful spin of a non-story into partisan hackery...

    And your 'stay classy' comment is snarky and asinine.
    Who says I don't already?
    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

  7. #27
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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by Rhapsody1447 View Post
    Refusing (v.) -
    Indicate or show that one is not willing to do something.
    Indicate that one is not willing to accept or grant (something offered or requested).

    From wiki:





    Who says I don't already?
    Disputing is not a refusal.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  8. #28
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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by AdamT View Post
    "Refusing the pay taxes on private corporate jets? Man, what a 1% thing to do. Stay classy, Buffet."

    Indeed.
    Quote Originally Posted by hazlnut View Post
    That's not what the story says.

    You should go work for Fox News, masterful spin of a non-story into partisan hackery...

    And your 'stay classy' comment is snarky and asinine.
    Quote Originally Posted by Deuce View Post
    Disputing is not a refusal.
    Do I sense division on the team?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by American View Post
    Do I sense division on the team?
    People shouldn't be ashamed of disagreeing with each other, regardless if they are both liberals, conservatives, Reps, Dems, or whatever else.

  10. #30
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    Re: Buffett’s NetJets Is Countersued by U.S. for $366 Million in Unpaid Taxes

    Quote Originally Posted by Wiseone View Post
    People shouldn't be ashamed of disagreeing with each other, regardless if they are both liberals, conservatives, Reps, Dems, or whatever else.
    What about "lol" don't you understand?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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