Warren Buffet: "Please Tax Us, Bro."

resisting arrest · Nov 22, 2010

Ha ha ha ha

http://www.commondreams.org/headline/2010/11/21-2

waltky · Sep 30, 2011

Granny says, "Dat's right - don't tax you, don't tax me, tax dat rich man behin' dat tree...

Buffet’s Definition of Buffet Rule Consistent with President’s Definition, White House Says
September 30, 2011 Washington (CNSNews.com) – Warren Buffet – the billionaire whose name President Barack Obama has been using to tout his tax increase proposal – was unclear Friday on CNBC about whether his idea of tax reform matches the president’s.

The Republican National Committee was quick to pounce on Buffet’s comment as saying the plans were not the same. However, White House Press Secretary Jay Carney on Friday insisted the president and Buffet had a common view on tax reform. While Buffet said his rule would only impact about 50,000 taxpayers in the country, Carney said it was about a principle that rich should not pay less than middle-class payers.

When CNBC’s Andrew Ross Sorkin asked Buffet, “Are you happy with the way it’s been described? Is the program that the White House has presented – a million dollars and over – your program?” Buffett responded, “Well, the precise program, I don't know what their program will be. My program would be on the very high incomes that are taxed very low – not just high incomes. Some guy making 50 million playing baseball, his taxes won’t change. If you make 50 million dollars a year appearing on television, his income won't change, but if they make a lot of money and they pay a very low tax rate, like me, it would be changed by a minimum tax that would only bring them up to what the other people pay.”

Obama has proposed a $1.5 trillion tax increase that focuses primarily on closing loopholes. He has repeatedly talked about millionaires and billionaires that pay less in taxes than secretaries, as is reportedly the case with Buffet. The tax proposal is intended to help pay for his $447 billion jobs plan while also helping to close the deficit. Sorkin later asked, “Does that mean you disagree with the president’s new jobs proposal which would be paid for by raising taxes on households with incomes of over $250,000?”

Buffett answered he did not have the details on the jobs proposal. “That's another program that I won't be discussing, but my program is to have a tax on ultra-rich people who are paying very low tax rates,” Buffet said. “Not just all the rich people. It probably would apply to 50,000 people in a population of 310 million.”

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Biden: Charging Corporate Jets $100 Take-Off and Landing Fee ‘Not Class Warfare’
September 30, 2011 – Vice President Joe Biden said charging corporate jets a $100 fee to take off or land at U.S. airports “is not class warfare” but a “reasonable” way for executives and corporations to help pay for policing American communities.

“If corporate jets just paid a $100 fee every time it took off or landed in America, that would raise $11.5 billion,” Biden said, adding that the money could be used to “make sure the streets are safe.” “So folks, this is not class warfare,” Biden said. “This is all about just being rational and reasonable.” Biden was speaking at the Alexandria Police Department in Alexandria, Va., on Thursday to promote President Barack Obama’s $450-billion American Jobs Act, which includes $5 billion to retain or hire law enforcement personnel around the country.

Biden said the federal government could also raise money for law enforcement and other causes by increasing the taxes paid by hedge fund managers, who he called “good guys.” “Except they pay at a 15 percent tax,” Biden said. “You pay a 28 percent.” “And I don’t get that,” he said. “How is that fair? How’s that fair?” Biden said that if hedge fund managers paid the same taxes “middle class folks pay,” the cost of law enforcement in the United States could be covered “for the next several years.”

“If they just paid the same 28 percent rate middle class folks pay – not even the upper rate – that’s $12-and-a-half billion dollars,” said Biden. “That’s enough to cover half of the costs, or all of the costs, for the next several years of law enforcement that we’re talking about.” The event where Biden spoke also was held to announce more than $243 million in federal grants to add officers to departments, including in Alexandria, which received almost $900,000 to add four staff positions.

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Warren Buffet: "Please Tax Us, Bro."

resisting arrest Well-Known Member Past Donor

waltky Well-Known Member

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Warren Buffet: "Please Tax Us, Bro."

resisting arrest Well-Known Member Past Donor

waltky Well-Known Member

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