Or is Buffet crazy like a lying sleezy billionaire Fox, who knows he won't get taxed because he's got the money to bribe government? That's why the super wealthy don't pay taxes and get great government give away's to boot because they support and fund government elected officials. The average millionaire can't do that, they don't have the chips to play in that game, and the big boys love to keep that competition down, which is why most of the ultra wealthy in the Country support Democrats. It's a statistical fact. Democrat politicians constituencies don't care much about give away's or loop holes to GE or Soros or Buffet or other wealthy scum bags, they just want Democrats to beat Republicans, who are evil in their cult, while their side is good ... and actions don't matter, it's identity politics taken to the party level. It's THEIR team, while Republicans don't tend to play that as far. Not that there are not a lot of Republicans with the same stupid mentality, but the % is such that Republicans who play that get slammed, especially with the Tea Party going after them.Is Warren Buffet really smart? His solution, tax millionaires and leave others alone can't work mathematically?
Alright, scrap the income tax for a value added tax (VAT) and all Americans will pay their fair share.
Do your research, please, before answering or voting. This clich茅 is not an answer; it is a parroting of corporatist propaganda. History shows that the higher the top income-tax bracket (as high as 92% under Eisenhower), the better our economy performs. The reverse has also been shown to be true.
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Is Warren Buffet really smart? His solution, tax millionaires and leave others alone can't work mathematically?By the way, omega..., Older is right. Please research the issue specifying .edu to restrict the browser hits to educational institutions. The studies still vary greatly, but they are usually more responsible than the corporatist propaganda spewed by the corporate-owned, for-profit media.
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Your ability to pull facts out of the thin blue air is breathtaking.
Edit: your purported facts are in doubt. Therefore it's your duty to support them and not my duty to blindly agree with them.
http://www.csmonitor.com/Business/Robert鈥?/a>Is Warren Buffet really smart? His solution, tax millionaires and leave others alone can't work mathematically?
Whether or not you agree with him, and I don't, he is really smart. He didn't get where he is by standing in unemployment lines or getting welfare checks.
In 2004, the wealthiest 25% of US households owned 87% ($43.6 trillion) of the country鈥檚 wealth, while the bottom quartile held no net wealth at all.
All these rich socialists are just big phonies.
Wrong. 10% of the population own 38% of all this nation's wealth.
Now do the math and you will see that these billionaires could pay off the national debt and still be wealthy.
I don't see anything contrived and phony about his position. I agree with him that only the super-rich should be taxed a little bit more. The problem is everybody got used to the tax cuts that actually started with Reagan when his master, Merrill-Lynch CEO Don Regan, became head of treasury and drastically cut taxes for him and his cronies. It sort of went up and down through the Bush 1 and Clinton administrations, but then along came the village idiot who not only drastically cut taxes, but got us into 2 wars and a prescription drug deal that he couldn't pay for and that contributed to driving our economy down. The only way to fix this is to increase revenue along with spending cuts.
He's seen the tactics, and hes worried about his money being protected. That's all!
Democrats and Republicans are the same. Behind close doors Dems and Reps are always in agreement. To the rest of the world, they act like they are against each other. This creates the illusion there are more than one side of ever issue. In reality, they are the same thing.
The Central Government, run by bureaucratic servants called Democrats and Republicans, know that there is a 11% approval rate of the government by the US citizens. This is unacceptable to the Dems and Reps. They need away to show there power. So creating a fear atmosphere, will get the citizens attention. This will also let them portray they are doing something for the citizens that cannot be done without the government. I't is a forced recognition of power in all its tyranny.
One of the rules of war when facing a stronger enemy is to divide and conquer, rather then to attack your enemies force as a whole. Knowing that citizens and there constitutional freedoms/rights are a thee governments greatest enemy, creating a diversionary tactic such as Republican and Democrat would divide the governments enemies "citizens + constitutional freedoms/rights" Once divided, the enemy is far easier to conquer. In this case, when we are divided, the Central Government can take away freedoms/rights, and implement tyrannous laws a lot easier than if we were united.
Vote for ANYONE else besides Democrats or Republicans. I't can be anyone ranging from a third party candidate to Mickey Mouse. Just don't vote for Democrats or Republicans. They were bought and paid for a long time ago by bureaucrats. When Dems or Reps are elected, they serve the interests of transnational corporations that paid for them to get elected, not the citizens. I't is the greatest acting out of a "good cop bad cop" scenario in history. Just remember. The Tea Party is the Republican Party.
"I'f your a multi-billion dollar transnational corporation and you pay for, 1 President + 435 Congressmen + 100 Senators + 9 Supreme Court Justices, then you have total power over 350,000,000+ citizens and all there resources."
I'f you don't agree with any of this, you believe exactly what they wan't you to believe.
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