Page 20 of 24 FirstFirst ... 101819202122 ... LastLast
Results 191 to 200 of 231

Thread: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

  1. #191
    Outer space potato man

    Join Date
    Feb 2010
    Last Seen
    Yesterday @ 11:13 PM
    Gender
    Lean
    Undisclosed
    Posts
    51,830

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by TurtleDude View Post
    He's an Obama slurper pure and simple. He wants democrats to win national elections and figures kissing Obama's ass and supporting Obama's class warfare will help get his party elected
    It's funny how you are just completely unable to fathom how a wealthy person could think like Buffet does.
    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.

  2. #192
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Yesterday @ 11:54 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,709

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by Deuce View Post
    It's funny how you are just completely unable to fathom how a wealthy person could think like Buffet does.
    I don't think you have the capacity to understand what I can fathom or not. I certainly understand that people that are incredibly wealthy want POWER and they think a bigger government will get them more power if they are insiders connected to the president

    If Buffett really believes his bs he could

    1) pay himself more salary and less unearned income so his taxes go up

    2) give tons of his money to the government



  3. #193
    long standing member
    justabubba's Avatar
    Join Date
    Dec 2005
    Last Seen
    Yesterday @ 11:22 PM
    Gender
    Lean
    Independent
    Posts
    36,151

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by TurtleDude View Post
    I don't think you have the capacity to understand what I can fathom or not. I certainly understand that people that are incredibly wealthy want POWER and they think a bigger government will get them more power if they are insiders connected to the president

    If Buffett really believes his bs he could

    1) pay himself more salary and less unearned income so his taxes go up

    2) give tons of his money to the government
    deuce is correct

    this basis for a change in tax policy does appear to be beyond you
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  4. #194
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Yesterday @ 11:54 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,709

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by justabubba View Post
    deuce is correct

    this basis for a change in tax policy does appear to be beyond you
    another person whose history proves he is in no position to pretend to proffer what I understand

    I know that the class warfare envious types want to cyber fellate Buffett for his faux altruism. But the fact remains the guy wants to buy the love of the slow witted, the ne'er do wells and the failures in order to gain more power.

    Buffett wants to harm the "merely rich" in order to gain more power for the uber wealthy

    Buffett pays the highest tax rates possible on LIKE income-a fact that his toadies appear not to have the intellect to understand or the honesty to admit



  5. #195
    Educator
    Join Date
    Sep 2011
    Location
    ATL
    Last Seen
    07-07-12 @ 09:00 PM
    Lean
    Very Conservative
    Posts
    1,172

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by Redress View Post
    The program with the Buffett rule is similar to an AMT. It only effects those with a low effective tax rate which he does support.
    So if a man creates a great company and decides to sell it late in life for a ton of money, his capital gains taxes should skyrocket based on only one factor, he built a really valuable company. Ok, I get it ....... we should penalize the smart folks that create valuable companies. Gee, that should work out well for us. Oh yeah, and once that man dies he should surrender 55% (death tax) of what he kept from the sale, after paying the cap gain taxes that were probably 30-40%. I used 30 to 40% since that level the taxation would be sufficiently higher than what most workers pay. I am assuming the new "Buffett Tax" has to be higher than the rate paid by ordinary people......right?

    What a wonderful policy....

    Man sells company for $100m

    Man pays cap gains tax on sale, $100m * 65% = $65m net proceeds

    Man dies and estate pays estate tax, $65 * 45% = $29.25m transferred to family

    Uncle Sam screws man and his family out of $70.750m .......... 70.75% redistribution of private property to welfare beggars and socialists

    ------------------

    Wow, that is one brilliant strategy to motivate folks to risk their capital to build valuable companies that create jobs. If the way to increase the number of job creators is to raise the cost of success, why not go all-in and simply say "once you build a valuable company, it will become an asset of the State". I am telling you this, you liberals sure have a firm grasp on what it takes to improve the economy.
    I love the smell of burning moonbat in the morning.

  6. #196
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Yesterday @ 11:54 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,709

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by conservativeguy View Post
    So if a man creates a great company and decides to sell it late in life for a ton of money, his capital gains taxes should skyrocket based on only one factor, he built a really valuable company. Ok, I get it ....... we should penalize the smart folks that create valuable companies. Gee, that should work out well for us. Oh yeah, and once that man dies he should surrender 55% (death tax) of what he kept from the sale, after paying the cap gain taxes that were probably 30-40%. I used 30 to 40% since that level the taxation would be sufficiently higher than what most workers pay. I am assuming the new "Buffett Tax" has to be higher than the rate paid by ordinary people......right?

    What a wonderful policy....

    Man sells company for $100m

    Man pays cap gains tax on sale, $100m * 65% = $65m net proceeds

    Man dies and estate pays estate tax, $65 * 45% = $29.25m transferred to family

    Uncle Sam screws man and his family out of $70.750m .......... 70.75% redistribution of private property to welfare beggars and socialists

    ------------------

    Wow, that is one brilliant strategy to motivate folks to risk their capital to build valuable companies that create jobs. If the way to increase the number of job creators is to raise the cost of success, why not go all-in and simply say "once you build a valuable company, it will become an asset of the State". I am telling you this, you liberals sure have a firm grasp on what it takes to improve the economy.
    the parasite mentality behind the progressive income tax and the death tax is one that we need to get rid of in order to allow this country to become greater and more prosperous than it is now



  7. #197
    long standing member
    justabubba's Avatar
    Join Date
    Dec 2005
    Last Seen
    Yesterday @ 11:22 PM
    Gender
    Lean
    Independent
    Posts
    36,151

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by TurtleDude View Post
    the parasite mentality behind the progressive income tax and the death tax is one that we need to get rid of in order to allow this country to become greater and more prosperous than it is now
    let me explain this for you
    the premise is that those who actually work, and expend effort for a living should not then be expected to pay a higher tax rate on that income than the person who earns their money without the expenditure of effort
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  8. #198
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Yesterday @ 11:54 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,709

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by justabubba View Post
    let me explain this for you
    the premise is that those who actually work, and expend effort for a living should not then be expected to pay a higher tax rate on that income than the person who earns their money without the expenditure of effort
    Most of them do not. and like many socialists you ignore the fact that a guy who makes a billion a year and pays only capital gains rates still pays millions more taxes than say 100 Million americans combined who pay ZERO income tax.

    and there are sound reasons why Long term capital gains are taxed much lower than what the uber rich pay on salaries

    Most people don't come close to paying an effective rate of 15% on salaries

    and why do those who often have the most responsibility and work the hardest in the most complex professions pay a much higher rate on their salary income than those who are in mindless jobs that require no risk, and no long years of training?

    your silly argument fails. Doctors and airline pilots and those running major corporations pay much higher rates than burger flippers, union bots and others who have much less taxing occupations



  9. #199
    long standing member
    justabubba's Avatar
    Join Date
    Dec 2005
    Last Seen
    Yesterday @ 11:22 PM
    Gender
    Lean
    Independent
    Posts
    36,151

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by TurtleDude View Post
    Most of them do not. and like many socialists you ignore the fact that a guy who makes a billion a year and pays only capital gains rates still pays millions more taxes than say 100 Million americans combined who pay ZERO income tax.

    and there are sound reasons why Long term capital gains are taxed much lower than what the uber rich pay on salaries

    Most people don't come close to paying an effective rate of 15% on salaries

    and why do those who often have the most responsibility and work the hardest in the most complex professions pay a much higher rate on their salary income than those who are in mindless jobs that require no risk, and no long years of training?

    your silly argument fails. Doctors and airline pilots and those running major corporations pay much higher rates than burger flippers, union bots and others who have much less taxing occupations
    you have again proven deuce's point
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  10. #200
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Yesterday @ 11:54 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,709

    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by justabubba View Post
    you have again proven deuce's point
    You gain nothing by me-tooing someone else's claims that have no evidence or proof

    I don't think you have the ability to explain it based on your past posts but go ahead

    I need a good laugh



Page 20 of 24 FirstFirst ... 101819202122 ... 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
  •