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    What do you think of Warren Buffet's statement relative to taxes and the guy from Massachusetts.\?

    Warren Buffet says all rich people should pay more taxes than us average people and no exceptions for the millionaires and billionaires.

    +1  Views: 866 Answers: 1 Posted: 8 years ago

    1 Answer

    Do you know anything about the American Tax System ???????????


    What is called "ORDINARY INCOME" is the income you earn by working.  AND IT IS A PROGRESSIVE TAX SYSTEM.  THE MORE YOU EARN THE HIGHER YOUR TAX RATE.   PERIOD.


    INVESTMENT INCOME is PASSIVE income.  ( For instance you buy land and in two years you sell It and you earn 10,000,000 dollars it  is TAXED AT 15%,     THATS THE TAX CODE.


    ARE YOU INTERESTED IN FACTS OR JUST BS ????????    WARREN BUFFETT EARNS MOST OF HIS MONEY FROM  ................  "INVESTMENT INCOME"  .........  .   NOT  " EARNED INCOME".


    MITT ROMNEY DOES TOOOOOOO.    MOST MOST MOST.   DID I SAY MOST ??????   MOST OF WARRNE BUFFETS      AND      MITT ROMNEYS INCOME IS TAXED AT   15%,     ITS THE AMERICAN TAX SYSTEM.  


    WARREN BUFFETT MADE A STUPID STATEMENT  "  MY SECRETARY HAS A HIGHER TAX RATE THAN I DO.     HELL YES SHE DOES.   MOST OF HER INCOME IS ORDINARY INCOME.  PROBABLY 99 % OF WARREN BUFFETS INCOME IS             "INVESTMENT INCOME"   SO HIS 10,000,000,000 INVESTMENT INCOME IS TAXED AT 15%.    IF HE WOULD LIKE TO PAY MORE TAXES HAVE THE HYPOCRITE TAKE HIS INCOME AS ORDINARY INCOME INSTEAD OF TAKING IT IN STOCK OPTIONS.  THEN HIS TAX RATE WILL BE 50%.   NOT 15%.


    GOOGLE   .....  WARREN BUFFETT, IRS TAX DISPUTE, BURKSHIRE HATHAWAY.   IF HE WANTS TO PAY INCOME TAX SO BAD WHY IS HE DISPUTING    ONE TRILLION IN TAXES THE IRS SAYS THEY OWE.   HMMMMMMMMMMMMMMMMMMMMMM  ?????????  


    MITT ROMNEY PAY TAXES JUST LIKE EVERYONE ELSE.   HIS ORDINAY INCOME IS TAXE BY THE IRS CODE.     AND HIS INVESTMENT INCOME IS TAXED AT 15%.............     JUST LIKE WARREN BUFFETTS ,  JUST LIKE YOURS  ..... AND JUST LIKE MINE.     GET OVER IT.  


    MAYBE YOU SHOULDN'T BELIEVE EVERYTHING YOU THINK.     


    MILLIONAIRES AND BILLIONAIRES DO PAY  MORE MORE MORE MORE  .... DID I SAY MORE INCOME TAXES THAT YOU AND I DO.   BUT SINCE MOST OF THEIR INCOME IS INVESTMENT INCOME    .....  THE       RATE RATE RATE  .....  DID I SAY RATE ???   IS LOWER.......   NOT THE AMOUNT OF TAXES THEY PAY.

    gary

    Buffet has paid a few thousand dollars more in a "gift" to the wasteful treasury. I didn't hear Romney willing to donate anything on the millions he paid. Get a life. The conservatives are screwing us and taking us back to the 19th century. Sending our jobs overseas and buying back what we should be making here. The next time you criticize someone for a simply question you will be reported as abuse. It was a simple question. I don't appreciate you hard nosed conservatives turning a question around with a long winded statement criticizing me or the liberals. The next thing you'll say is the Democrats got us into this mess. And that is total BS.


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