In response to:

Warren Buffett and the Corrupting of the American Soul

BK22 Wrote: Dec 02, 2012 12:01 PM
Yes, the very wealthy should pay what they were paying under Clinton. More people were being hired when he was president. Bush's tax cuts, along with borrow and spend members of his party is what pushed the economy into the pit. Any intelligent person knows that the only way to lower debt is to increase revenue and cut spending _______________________________ Well tbrennan..I'll play. So Bush tax cuts are responsible for pushing the economy into the pit...because, as I understand it from my liberal friends...these cuts were ONLY for the rich. OK then...let's get started: Move the tax rates BACK to pre-Bush era for EVERYONE. Clinton gave the rich better rates for investments, dividends and profits...good.
BK22 Wrote: Dec 02, 2012 12:08 PM
Lets also pass a balanced budget amendment requiring a budget each year or it reverts back to the previous budget year..oh and if no budget is reached members of congress and the President will recieve no pay.

Let's also reduce all foreign aid by 50% and eliminate the UN.

Seems like a good start...what do you say...let's get started......
BK22 Wrote: Dec 02, 2012 12:06 PM
continued: The poor and middleclass would not be impacted because the disappearance of the Bush tax cuts were only for the rich anyway....and let's also get rid of the payroll tax cuts because that is counterproductive as well as the 99 weeks of unemployment.

Let's begin anew....let's cut entitlements by having welfare recipients drug tested and put to work for their money...would get projects done while improving these people's self-worth.

Everyone under 50 will have to begin with a new way of recovering Social Security through savings plans with lower benefits. Let's also get rid of the multiple layers of government agencies that do the same things. Let's see if we can recover the billions of dollars of medicare and medicaid...
“Bottom line…would raising taxes on the wealthiest Americans have a chilling effect on hiring?”

It was Matt Lauer’s final interview question for his guest, on last Tuesday’s episode of NBC-TV’s “Today” show.

“No,” the guest adamantly replied. “No… and I think it would have a great effect in terms of the morale of the middle class..”

The guest was famed investor Warren Buffett, CEO of the Berkshire Hathaway holding company and a personal friend of President Obama (and by the way, did you know that Obama calls him, and not the other way around? Mr. Buffett would...

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