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

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

    Quote Originally Posted by VanceMack View Post
    I read what he wrote. I read what Obama used as his whole 'Tax the rich' justification. He cherry picked a portion of his wealth to make a point so they could change the laws.
    You might have a point, if he was changing the tax rates. He is not, he wants to implement an form of AMT.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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

    Quote Originally Posted by LaMidRighter View Post
    Admitting behavior doesn't excuse it, but while we are at this line of thinking if he was being totally honest and upfront then why would there be that large of a tax dispute? Usually those disputes come up because the IRS has questions about something that doesn't add up, in this case we have a billion somethings that didn't, you don't get that large of a tax bill by being an angel. Face it, Buffett is a grand example of hypocracy. Again, if Buffett is really losing sleep over the loopholes he exploits then why would he do it. I agree in using loopholes, just not doing so while acting like Buffett does basically crying crocodile tears.
    You are building straw men(he is not losing sleep, simply pointing out what he sees as a problem...when you have to dishonestly spin like that, it is telling) and he is not saying any one should pay more than what their tax bill is nor that any one should not take all the deductions they are entitled to.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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

    Quote Originally Posted by VanceMack View Post
    Buffet has said he believes HE should be taxed at a higher rate, yet he hires teams of people to squeeze out every penny. He is a hypocrite. If he believes what he has said, then he shoudlnt need to be FORCED to do it...he should simply do it. Personal integrity and hypocrisy isnt governed by what someone else says or does...it is governed by what you the speaker say and do.
    Buffett said he should be billed more, not that he should pay more than he is billed.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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

    Quote Originally Posted by Eighty Deuce View Post
    Suffice it to say that you have been shown to be incorrect. Appreciation noted retroactively.
    You would be wrong. I have been factually correct.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

  5. #55
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    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by Redress View Post
    Then you are not following what he is saying. If you go into a store and see something on sale and think "they cannot make money at this price", are you a hypocrite if you do not pay more for it than the marked price? That is exactly what he is doing, saying that the tax bill he gets is lower than it should be. He is not saying any one should pay more than what they are billed however.
    Not the same. Anyone who takes advantage of the store putting on a ridiculous sale through no action of their own is simply getting a deal. Buffett is complaining about something he has control of, Buffett set his price(taxes) by taking money in capital gains which have the lower rate. A better analogy would be if he took an expired coupon, wrote the next day in the expiration date, took advantage of the situation and said, "people shouldn't alter expired coupons to save money" after himself being guilty.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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

    I notice that still no one is able to actually counter Buffett's point with anything other than "but Buffett is a bad guy". Very telling.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

  7. #57
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    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by Redress View Post
    Those who receive higher salary less capital gains would not be effected by the "Buffett rule". Facts, they kinda kill your rant.
    as usual you actually did not read what I wrote

    I was commenting on Buffetts bs about his secretary.

    not his moronic "buffett rule"



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

    Quote Originally Posted by LaMidRighter View Post
    Not the same. Anyone who takes advantage of the store putting on a ridiculous sale through no action of their own is simply getting a deal. Buffett is complaining about something he has control of, Buffett set his price(taxes) by taking money in capital gains which have the lower rate. A better analogy would be if he took an expired coupon, wrote the next day in the expiration date, took advantage of the situation and said, "people shouldn't alter expired coupons to save money" after himself being guilty.
    False again. It is not Buffett's fault the rules are such as they are, and he is not telling any one they should not follow the rules.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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

    Quote Originally Posted by TurtleDude View Post
    as usual you actually did not read what I wrote

    I was commenting on Buffetts bs about his secretary.

    not his moronic "buffett rule"
    So basically you made a poorly worded rant that has nothing to do with anything.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

  10. #60
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    re: Warren Buffett's Berkshire Hathaway Owes Taxes Going Back To 2002 [edited]

    Quote Originally Posted by Redress View Post
    You might have a point, if he was changing the tax rates. He is not, he wants to implement an form of AMT.
    He wants to ignore actual dollars paid and wants to create some sort of idiotic effective rate which is stupid

    the entire concept is stupid. there is a sound reason why some income is taxed differently than other forms of income and the rich always pay the highest possible rate on like income



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