In response to:

It's Time for the GOP to Sacrifice the Billionaires

Derek85 Wrote: Dec 05, 2012 6:45 PM

You slightly miss the point. Warren Buffett has established a seperate Charitable Trust for each of his children to run. He has $billions in stock that has appreciated considerably over the years and he has never paid tax on any of it because he never sold it. He will now donate the stock to his children's charitable trust, and Bill Gates's Charitable Trust, and take a tax deduction for the Full Current Value of the stock, then his children will sell it and because they are a charity, they will never pay tax. You notice he never proposes a limit on Charitable contributions.

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It's Time for the GOP to Sacrifice the Billionaires

I’m a small businessman who believes we are all over-taxed. I would not raise anyone’s taxes. But since Obama’s pet billionaires like Warren Buffett are so quick to sell out the upper middle class…two can play at that game! Obama has the GOP Congress between a rock and a hard place. Here's a compromise that turns the tables on Obama.

I say it’s time to sacrifice the billionaires to save small business...and the GOP.

Let’s start with the Warren Buffett story. Buffett is a complete phony, a con man. He’s the biggest tax avoider in America, yet...