In response to:

Warren Buffett and the Corrupting of the American Soul

johnm h Wrote: Dec 02, 2012 7:30 AM
Buffet doesn't pay income taxes on dividends. All of his companies pay dividends to Berkshire. Berkshire doesn't pay dividends to Buffet. When one is as rich as Buffet or Soros they don't pay capital gains taxes either. They can match winners with losers, borrow on margin, or as Buffet does, invest in good companies and never sell them. His wealth just grows. If we wanted him to pay taxes we'd eliminate corporate taxes and treat all corporate profits as income of the holder of record. That would hurt so much he'd be crying for lower rates.
Billpm Wrote: Dec 02, 2012 8:48 AM
The sad thing is libs have set the talking pts. We should all be discussing gov spending not gov theft for revenue.
Snarkasterous1 Wrote: Dec 02, 2012 9:00 AM
Completely agree. The country has a spending problem, HUGELY exacerbated by the Obozo administration, which blew ~ $860B in their first year giveaway to unions, cronies, and other libbie support groups, and has embedded that increased spending in subsequent budget baselines.

This is not opinion. Go to a US Govt website and see for yourself. Fed Govt. spending in years prior to Obozo peaked at ~ $2.9T; it's been ~ $3.5T every year of this failed administration.

Guess we're to believe that grandmas were hurtling off cliffs like lemmings just four short years ago, when the fed managed to get by on ~ $600 BILLION less each and every year.


- Snark
“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...

Related Tags: Warren Buffett