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Buffettitis -- Is There a Cure?

chris73 Wrote: Nov 29, 2012 6:41 PM

I really dislike this man! This thing we call government is corrupt and becoming the very thing the founder would have fought against. If Buffet and all the other knuckleheads want to pay more taxes; I have a simple suggestion. Shut up and write a check to the Treasury for 80% of their assets, income, and investments. Then tell congress and every member of the executive branch to take a 20% pay cut, cut. Leaders lead by example, but then again the US is lacking this in droves.

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Buffettitis -- Is There a Cure?

Once again, billionaire investor Warren Buffett urges his fellow high-on-the-hoggers to pay more in taxes. "Only in Grover Norquist's imagination," says Buffett, do taxes make much of a difference in how people invest. "So let's forget about the rich and ultra-rich going on strike and stuffing their ample funds under their mattresses if -- gasp -- capital gains rates and ordinary income rates are increased. The ultra-rich, including me, will forever pursue investment opportunities. ...

"We need Congress, right now, to enact a minimum tax on high incomes. I would suggest 30 percent of taxable income between $1 million...

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