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Buffettitis -- Is There a Cure?

scash Wrote: Nov 29, 2012 11:39 AM
Buffet is a two faced POS.... He does everything he can to avoid paying taxes, Sets up his pay to be done with capital gains...vs income tax. Then instead of giving money to Uncle same he gives to a tax free organization .. then screams from the rooftops everyone should pay more..

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...