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Buffett Gives Kids Foundations $3 billion

apdst said:
Holy crap! That makes everyone off limits! :rofl

You say that and then attack Turtledude?

A word comes to mind right at this moment. What is it? Oh yeah...wow! That's the word I was looking for. :rofl
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You can use an online dictionary if you do not have one in the house.

btw - Turtle IS HERE TO DEFEND HIMSELF so your point - if you had one - is ridiculous and without merit.
 
haymarket said:
It is YOU who rip into Buffet in this thread while defending other wealthy people like Romney in other threads who use the tax code to their advantage who are being hypocritical.

Yes Turtle, I have understood for a long long time now that your decisions about the tax code and what is good for America and 311 million people are based solely on what is good for you personally. Low taxes for Turtle = a very good thing and you get behind it regardless of the principle or scheme behind it. Higher taxes for Turtle - evil and bad and you slam it regardless of the principle or scheme behind it. The plethora of posts you have made on this subject have been published by me and others many many times and they are clear and unmistakable evidence of our motivations.
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You just don't get it

I rip Buffett because he whines that the tax code favors the rich and should be changed so the rich pay more while using his power to pay as little as possible

You just don't see that point because it destroys your inane rants about my "allies"

I am for paying a corrupt bloated and malignant federal government as little as possible. Especially one run by a parasiter like Obama
 
TurtleDude said:
You just don't get it

I rip Buffett because he whines that the tax code favors the rich and should be changed so the rich pay more while using his power to pay as little as possible

You just don't see that point because it destroys your inane rants about my "allies"

I am for paying a corrupt bloated and malignant federal government as little as possible. Especially one run by a parasiter like Obama
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I see your motivation perfectly. You see Buffet as a political enemy so you attack him. You see other wealthy people like Romney as a political ally so you defend him when he manipulates the tax code to his own personal benefit. For you, it is not about the mean nor the ends but who is going to benefit Turtle above all others.

Its perfectly clear and your own posts have made it so.
 
haymarket said:
You can use an online dictionary if you do not have one in the house.

btw - Turtle IS HERE TO DEFEND HIMSELF so your point - if you had one - is ridiculous and without merit.
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More personal attacks from the Libbos. No surprise there.
 
haymarket said:
I see your motivation perfectly. You see Buffet as a political enemy so you attack him. You see other wealthy people like Romney as a political ally so you defend him when he manipulates the tax code to his own personal benefit. For you, it is not about the mean nor the ends but who is going to benefit Turtle above all others.

Its perfectly clear and your own posts have made it so.
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So, when you attack people for political reasons, that's...what?
 
apdst said:
More personal attacks from the Libbos. No surprise there.
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Its amazing how he evades the obvious point. the rich republicans are not calling for taxes to be hiked on other people like them while using power most others don't have to avoid taxes.

Evasion is his main posting strategy, the second being ignoring what others have posted
 
apdst said:
More personal attacks from the Libbos. No surprise there.
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Who is being personally attacked? Nobody on my part. I am attacking the hypocritical actions of people who themselves are engaged in personal attacks.
 
apdst said:
How hard will the Libbos tout the Buffet Rule, now? :rofl
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The Buffett rule won't hurt Buffett, he has enough money to either absorb the tax loss or pay accountants to take a lesser loss, and either way it hurts people trying to get to the higher levels of wealth accumulation. Worse than that, it has the effect of keeping other's personal wealth down which takes away investor dollars from those trying to make it.
 
TurtleDude said:
Its amazing how he evades the obvious point. the rich republicans are not calling for taxes to be hiked on other people like them while using power most others don't have to avoid taxes.

Evasion is his main posting strategy, the second being ignoring what others have posted
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But that is just a smoke screen and not at all the main point. The key thing here is that far too many people in this thread have ripped into one person for doing much the same thing that other people do in terms of manipulating the tax code. When it is their political ally - they excuse and defend it. When it is their political enemy - they condemn and ridicule it.

It is the worst sort of hypocrisy and it is happening right in this very thread by posters.

It is ironic that those same people point the finger of hypocrisy at Buffet while engaging in their own form of hypocrisy right here. Its like two vegas hookers screaming vile names at each other claiming they are each the more virtuous than the other.
 
MaggieD said:
I find that interesting because I heard him interviewed several years ago, and he indicated his children would not be receiving any more of his wealth. Flip. Flop. :rofl

Perhaps he's doing that in anticipation of the inheritance tax being re-instated for, at least, people in his stratosphere.

Everybody lies...
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Foundation =/= Kids.

Furthermore, there is probably a salary cap for his kids. Merely because your foundation has lots of money doesn't mean you get paid exorbitant amounts.
 
obvious Child said:
Foundation =/= Kids.

Furthermore, there is probably a salary cap for his kids. Merely because your foundation has lots of money doesn't mean you get paid exorbitant amounts.
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I agree it doesn't necessary mean that. But it doesn't necessarily mean that one doesn't. It also means that one can wield millions and millions of dollars (read power) to get wonderful jobs . . . sit on a myriad of boards. His children will certainly never have to work a day in their lives. Still, I'm most positive they will.

I hope none of them decide to run for office. They'll rip them to shreds. :rofl
 
haymarket said:
Who is being personally attacked? Nobody on my part. I am attacking the hypocritical actions of people who themselves are engaged in personal attacks.
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So, criticising a political figure is now engaging in personal attacks? :rofl
 
apdst said:
So, criticising a political figure is now engaging in personal attacks? :rofl
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Perhaps you need to stop posting about ME and go back and actually read what I and other wrote?

You want to attack Buffet for his manipulation of the tax code. Be my guest. Go for it. You have my blessing and it is your right as a citizen.

You want to attack Romney for his manipulation of the tax code. Be my guest. Go for it. You have my blessing and it is your right as a citizen.

But do NOT attack Buffet here and get all high horse about it and then defend Romney in other threads when he does much the same thing.

that is hypocritical and based solely on your own personal political bias. Its my allies = good..... my enemies = bad even though all are doing the same thing.
 
haymarket said:
How is the Romney manipulation of the tax code any different in fundamental ends than this is?
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Its not in the end really any different. I think they are not aggressive enough in manipulating the tax code. I firmly believe in paying EXCACTLY what is owed and not ONE penny more. I also believe if there is a gray area, take everything and leave nothing for the sick bastards at the IRS. You are correct in that analiysis that they both are manipulating the tax code for their benifit, as they well should. However the primary difference between the two is one is not advocating for higher taxes the other is. One of my primary beefs with Buffet is the bastard wants higher taxes on the "rich" AFTER he made his. This impeads my accumulation of wealth directly and pisses me off to to no end. I do not take well to bastards trying to **** me over. Romney in my opinion is just another suit, that is better marginaly than the the current suit. Buffett on the other hand is a grade A bastard, with no redeeming virtues I can see. Of course there is a bias on my part because of some "inside baseball" I am personally familiar with. I hope understand that I dont support Romney because he's my man, far from it. I just find the alternative worse. If Romney did the same thing Buffett did I be all over him even faster. Believe me when I say this Romney WILL be on a VERY short leash. If you look at this board you can tell that, his support is marginal, there is no love for him. He is NOT my guy he is just the best of the bad apples so to speak.
 
iguanaman said:
Numbered Swiss accounts are illegal when they are used by US citizens to hide income from the IRS.
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Where is your proof that he is hiding income? Are you just assuming that part?

If he makes his money and pays his income tax, he can put it anywhere he likes. What does that have to do with you?
 
PirateMk1 said:
Its not in the end really any different. I think they are not aggressive enough in manipulating the tax code. I firmly believe in paying EXCACTLY what is owed and not ONE penny more. I also believe if there is a gray area, take everything and leave nothing for the sick bastards at the IRS. You are correct in that analiysis that they both are manipulating the tax code for their benifit, as they well should. However the primary difference between the two is one is not advocating for higher taxes the other is. One of my primary beefs with Buffet is the bastard wants higher taxes on the "rich" AFTER he made his. This impeads my accumulation of wealth directly and pisses me off to to no end. I do not take well to bastards trying to **** me over. Romney in my opinion is just another suit, that is better marginaly than the the current suit. Buffett on the other hand is a grade A bastard, with no redeeming virtues I can see. Of course there is a bias on my part because of some "inside baseball" I am personally familiar with. I hope understand that I dont support Romney because he's my man, far from it. I just find the alternative worse. If Romney did the same thing Buffett did I be all over him even faster. Believe me when I say this Romney WILL be on a VERY short leash. If you look at this board you can tell that, his support is marginal, there is no love for him. He is NOT my guy he is just the best of the bad apples so to speak.
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This sounds like the argument the democrats give when a republican is caught doing something nasty.

They say that Republicans are out there with the family values speech so it is bad when a republican gets caught, but simply because the democrats are not out there screaming family values, they get a pass.
 
washunut said:
buffett gives $3 billion to his kids' foundations - aug. 30, 2012

found this interesting. Warren buffett of the buffett rule just passed along $3 billion to his kids through trusts he set up. Now this person who wants folks like himself to pay at least 30% of their income in taxes never paid a penny of taxes on this money. Now that the money is in trust, his kids will be able to live off the money while running their charities and avoided the inheritance tax.

I find it interesting that someone who have gotten filthy rich by avoiding taxes for decades, both personally and at his company wants others to pay more.

Just seems like another amoral person eager to spend other people's money.
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according to the article the money is going to the charities, not to his sons personally. Is his money in swiss bank accounts or in the caymen islands? He pays the same taxes as an other millionaire in this country. About 14%, just like romney.
 
Mason66 said:
This sounds like the argument the democrats give when a republican is caught doing something nasty.

They say that Republicans are out there with the family values speech so it is bad when a republican gets caught, but simply because the democrats are not out there screaming family values, they get a pass.
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I don't think people should get a pass for bad behavior, but if a "family values" Republican gets caught in a hotel room with a hooker and six pounds of blow versus a Democrat who never took the family values position the Republican would be in the worst position. If Democrats made the argument that the "family values" Republican in that case were a hypocrite they would be absolutely correct.
 
LaMidRighter said:
I don't think people should get a pass for bad behavior, but if a "family values" Republican gets caught in a hotel room with a hooker and six pounds of blow versus a Democrat who never took the family values position the Republican would be in the worst position. If Democrats made the argument that the "family values" Republican in that case were a hypocrite they would be absolutely correct.
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That is true but it would still come off as a pass for the democrat doing the same nasty thing when it is something most people would not do.
 
Mason66 said:
That is true but it would still come off as a pass for the democrat doing the same nasty thing when it is something most people would not do.
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You are correct. I believe in uniform standards for people, if it's wrong for one it is wrong for the other, but I can see merit in holding those who decry a standard being held even more firmly to it. Just my opinion.
 
Mason66 said:
This sounds like the argument the democrats give when a republican is caught doing something nasty.

They say that Republicans are out there with the family values speech so it is bad when a republican gets caught, but simply because the democrats are not out there screaming family values, they get a pass.
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Ok. I suppose. I dont find how they do their taxes to be a concern quite the opposite. I just dont like hypocrites that go after my money while I am trying to accumulate more, and they have already made theirs. Romney doesnt do this, Buffett does. Buffet says tax the rich more. Well if he wants to pay more he can write a check. Leave me alone. Thats the way I think about the matter so I dont know what else to tell you.
 
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Hatuey said:
Leave it to Republicans to find a reason to attack a guy who is giving away 99% of his fortune to charities. What percentage of his fortune has Romney pledged to charity so far?
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OK, how about comparing Romney's income percentage of contributions to Joe Biden or President Obama?
 
It's been a long time since those "numbered accounts" existed. Switzerland complies with the IRS inquiries.

You've een watching too many James Bond films from the 70s:)




iguanaman said:
Numbered Swiss accounts are illegal when they are used by US citizens to hide income from the IRS.
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specklebang said:
It's been a long time since those "numbered accounts" existed. Switzerland complies with the IRS inquiries.

You've een watching too many James Bond films from the 70s:)
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I think we should bring them back here, and import a few of the swiss banking rules.:)
 
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