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Thread: Buffett Gives Kids Foundations $3 billion

  1. #121
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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by poweRob View Post
    Just gotta get this straight... when Romney donates to the Mormon church, he's to be revered for his charity but when Warren Buffett gives $3 billion to a kid's foundation he is to be scoffed at.

    Man this political stuff is confusing.
    He did not give money to a kids charity, he gave the money to HIS kids charity.

    He is being scoffed at because he uses the same tax avoidance actions that he decries. This is about the the actions of an aging billionaire which seem to diverge from his public protestations.

  2. #122
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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by haymarket View Post
    So this is a matter of bashing your political enemies while defending your political allies of the exact same behaviors.

    Thank you for confirming that.
    Funny, something YOU would never be accused of!

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by Andalublue View Post
    Really? Isn't he the one whining that taxes are too high, while using the finest accountants and lawyers money can buy to avoid paying any?

    Spain's been a nation of tax dodgers for a long time now, and look where we are. You want to institute a default position where tax avoidance is the norm and the 'respectable' norm at that? Go ahead. Federal and State bankruptcy are just around the corner. You think that won't affect you, because you're rich, but it will.
    I guess that rates as something sinister in your book but not mine

    Its like me saying the mosquito population is too high and quite annoying while spraying insecticide liberally and wearing bug repellent.

    What Buffett does is complain that its mean to deprive mosquitos of their meals while at the same time draining their breeding ponds and spraying DDT left and right

  4. #124
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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by washunut View Post
    He did not give money to a kids charity, he gave the money to HIS kids charity.

    He is being scoffed at because he uses the same tax avoidance actions that he decries. This is about the the actions of an aging billionaire which seem to diverge from his public protestations.

    He's a fraudulent turd whose main goal is to get as many people as possible kissing his ass while screwing over the almost rich in order to buy the adulation of the parasite class

  5. #125
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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by TurtleDude View Post
    I guess that rates as something sinister in your book but not mine

    Its like me saying the mosquito population is too high and quite annoying while spraying insecticide liberally and wearing bug repellent.

    What Buffett does is complain that its mean to deprive mosquitos of their meals while at the same time draining their breeding ponds and spraying DDT left and right
    Buffett is saying "Let's play a nice game of tap football" while telling his team to chop block at the knees.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

  6. #126
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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by TurtleDude View Post
    He's a fraudulent turd whose main goal is to get as many people as possible kissing his ass while screwing over the almost rich in order to buy the adulation of the parasite class
    Guys like Buffett know there are better financial guys out there, but aren't going to risk prison and loss of license to compete so they cut off the smaller firms and earners to corner the market. Corporations, large banks, financial, and I suspect large legal partnerships have engaged in this behavior for years.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by PirateMk1 View Post
    Ahhhh thats not what I said. Anybody who did the same thing would have my ire regardless their affiliation. If Romney did it he have me all over him, and sure as hell wouldnt get my vote he's barely getting it as is. Maybee I didnt make that clear enough previously.
    How is the Romney manipulation of the tax code any different in fundamental ends than this is?
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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by TurtleDude View Post
    the difference is that Romney doesn't whine about the tax system while using it to his advantage and demanding others pay more

    Buffett is an asshole-he whines about his 300K a year secretary paying a higher effective income tax rate than he does because he intentionally structured his compensation to have an artificially low amount of salary.
    So the basic problem you have is that Buffet takes a different political stance on the issue of taxation that you do and NOT what he has done to avoid taxation?
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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by Empirica View Post
    "Buffett Gives Kids Foundations $3 billion"

    Why is it that whenever someone like Warren Buffet or George Soros does something decent, I have suspicions of some possible ulterior motive?!

    Most likely my skepticism is the result of a mistrust of people who support anti-american politics and demonstrate an affinity for big government_
    More evidence that this is merely about bashing ones political enemies while defending their allies who do the same thing.
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    Re: Buffett Gives Kids Foundations $3 billion

    Quote Originally Posted by haymarket View Post
    So the basic problem you have is that Buffet takes a different political stance on the issue of taxation that you do and NOT what he has done to avoid taxation?
    I will try to explain it even more simply.

    Buffett to taxes is like bible thumpers who are getting hummers in a public restroom are to family values

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