Buffet Joins Sorros in Effort to Increase Taxes on Estates

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Since: Feb 08

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#1
Dec 12, 2012
 

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Good Day,

Classic play out of the Marxist playbook...

http://www.bloomberg.com/news/2012-12-11/buff...

Steelie
Bob

Big Rapids, MI

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#2
Dec 13, 2012
 
Steelie wrote:
Good Day,
Classic play out of the Marxist playbook...
http://www.bloomberg.com/news/2012-12-11/buff...
Steelie
As compared to the fuedal customs supported by the teabaggers?

The estate tax is nothing more than one last chance for the government to collect taxes on the capital gains. Maybe if these farmers had a better tax preparer, they'd see how the 1% screw the tax laws to their benefit!

Since: Oct 12

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#3
Dec 13, 2012
 
Bob wrote:
<quoted text>
As compared to the fuedal customs supported by the teabaggers?
The estate tax is nothing more than one last chance for the government to collect taxes on the capital gains. Maybe if these farmers had a better tax preparer, they'd see how the 1% screw the tax laws to their benefit!
Bob, do you ever wonder, why the republicans, after suffering defeat in the Presidential election....continue to promote the no tax increase for the top 2%, possibly to the degree of say, harming their brand?
to be announced

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#4
Dec 13, 2012
 

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Bob wrote:
<quoted text>
As compared to the fuedal customs supported by the teabaggers?
The estate tax is nothing more than one last chance for the government to collect taxes on the capital gains. Maybe if these farmers had a better tax preparer, they'd see how the 1% screw the tax laws to their benefit!
Bob you could invest your money too. Then you would be taxed at a lower rate also. Why? because the money you invested has already been taxed!

That is the system, Buffet uses it too. its called a loophole, that Republicans are willing to change, just not tax rates, simple really. suprised you don't get it. Either way the money will be paid, why raise the already highest rates around.

If the goal is to get more of the rich mans money, then close tax loopholes! That comprimise is out there, why the stubborness?

Not willing to give in afraid it will make one side look like the winner?

Taxing more is not spreading the wealth! you and i will not see a dime of the rich mans money, tax increase or not.
Really

Traverse City, MI

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#5
Dec 13, 2012
 

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Go Blue Forever wrote:
<quoted text> Bob, do you ever wonder, why the republicans, after suffering defeat in the Presidential election....continue to promote the no tax increase for the top 2%, possibly to the degree of say, harming their brand?
perhaps because they know it won't do anything but harm the economy? Of course, since Obama swears it won't harm anyone, which it won't because he's in the top 2% and he and his fellow millionaires won't pay one more dime in taxes, you believe him. Of course, the costs of administering his fubar will be passed on to you and the rest of us, but let't not talk about that elephant in the room. Do you ever wonder why the Democrats refuse to reduce spending? Probably not since you totally believe that we can spend our way out of debt.
Really

Traverse City, MI

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#6
Dec 13, 2012
 

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Bob wrote:
<quoted text>
As compared to the fuedal customs supported by the teabaggers?
The estate tax is nothing more than one last chance for the government to collect taxes on the capital gains. Maybe if these farmers had a better tax preparer, they'd see how the 1% screw the tax laws to their benefit!
By all means, Bob, let's tax money AGAIN that has already been taxed at least twice. Buffoon!

Since: Oct 12

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#7
Dec 13, 2012
 

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Really wrote:
<quoted text>perhaps because they know it won't do anything but harm the economy? Of course, since Obama swears it won't harm anyone, which it won't because he's in the top 2% and he and his fellow millionaires won't pay one more dime in taxes, you believe him. Of course, the costs of administering his fubar will be passed on to you and the rest of us, but let't not talk about that elephant in the room. Do you ever wonder why the Democrats refuse to reduce spending? Probably not since you totally believe that we can spend our way out of debt.
Please don't tell me, what i believe....i just don't see the extreme problem with the wealthier among us, paying a bit more....seem's a bit hard to keep justifying the resistance to it. Especially when everyone talks about the good old days....and during much of those days, tax rates were much higher.....
Really

Traverse City, MI

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#8
Dec 14, 2012
 

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Go Blue Forever wrote:
<quoted text>Please don't tell me, what i believe....i just don't see the extreme problem with the wealthier among us, paying a bit more....seem's a bit hard to keep justifying the resistance to it. Especially when everyone talks about the good old days....and during much of those days, tax rates were much higher.....
Yes, the tax rates were much higher during the "good old days." Spending wasn't at an all time high then either, but of course, you and your progressive buffoons all think that only taxation will cure it. Well, fasten your seat belt, because by the time Obama gets finished, your taxes will be much higher and you will have much less disposable income for your purchases. Can't wait to hear the weeping and gnashing of teeth when that happens. And by the way? I'm not just talking about income taxes. Try looking at ALL the taxes you pay.
Bob

Big Rapids, MI

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#9
Dec 14, 2012
 
Go Blue Forever wrote:
<quoted text> Bob, do you ever wonder, why the republicans, after suffering defeat in the Presidential election....continue to promote the no tax increase for the top 2%, possibly to the degree of say, harming their brand?
The reason republican politicians still stand behind them is because they get the majority of their funding from this group.

The reason the lowly educated masses of republican voters goes.... It isn't hard to figure that out either!

Maybe they would support this kind of tax if they realized that they were fighting to make sure people like Paris Hilton weren't going to have to pay any taxes on their sole source of income.

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#10
Dec 14, 2012
 
Bob wrote:
<quoted text>
The reason republican politicians still stand behind them is because they get the majority of their funding from this group.
The reason the lowly educated masses of republican voters goes.... It isn't hard to figure that out either!
Maybe they would support this kind of tax if they realized that they were fighting to make sure people like Paris Hilton weren't going to have to pay any taxes on their sole source of income.
I'm sure that will also continue to be the reason they have such difficulties in the general elections...too much of a select support group...lol...at least they can alway's count on at least 2% support....

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#11
Dec 14, 2012
 
Really wrote:
<quoted text>Yes, the tax rates were much higher during the "good old days." Spending wasn't at an all time high then either, but of course, you and your progressive buffoons all think that only taxation will cure it. Well, fasten your seat belt, because by the time Obama gets finished, your taxes will be much higher and you will have much less disposable income for your purchases. Can't wait to hear the weeping and gnashing of teeth when that happens. And by the way? I'm not just talking about income taxes. Try looking at ALL the taxes you pay.
..."of course, you and your progressive buffoons all think"....Oh, no you did'nt....
Bob

Big Rapids, MI

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#12
Dec 14, 2012
 
Go Blue Forever wrote:
<quoted text> I'm sure that will also continue to be the reason they have such difficulties in the general elections...too much of a select support group...lol...at least they can alway's count on at least 2% support....
Have you noticed how little we hear about having a spending problem these days? Maybe it has something to do with the republican desire to keep the defense dept's bloated budget intact.

Maybe we don't have a taxing or spending problem now!

Since: Oct 12

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#13
Dec 14, 2012
 
Bob wrote:
<quoted text>
Have you noticed how little we hear about having a spending problem these days? Maybe it has something to do with the republican desire to keep the defense dept's bloated budget intact.
Maybe we don't have a taxing or spending problem now!
There is alway's an ulterior motive....like do you recall my speaking about the reason behind the false outrage toward Susan Rice, actually being more about the right's desire to have John Kerry nominated, opening a shot at a vacant senate seat?....The President should come up with someone else....
Really

Traverse City, MI

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#14
Dec 14, 2012
 

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Go Blue Forever wrote:
<quoted text>There is alway's an ulterior motive....like do you recall my speaking about the reason behind the false outrage toward Susan Rice, actually being more about the right's desire to have John Kerry nominated, opening a shot at a vacant senate seat?....The President should come up with someone else....
I just love your fear mongering and conspiracy theories. They do provide wonderful humor. Perhaps a therapist would be better for you than Topix? You might be able to find one who could listen to your "theories" without breaking into hysterical laughter?
Bob

Big Rapids, MI

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#15
Dec 15, 2012
 
Go Blue Forever wrote:
<quoted text>There is alway's an ulterior motive....like do you recall my speaking about the reason behind the false outrage toward Susan Rice, actually being more about the right's desire to have John Kerry nominated, opening a shot at a vacant senate seat?....The President should come up with someone else....
I think John Kerry would do a great job. As far as losing a seat in the Senate, I don't see that as a big thing. It only take one obstructionist to block legislation in the Senate, and the republicans already have the doddering old windbag from KY for that!

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#16
Dec 15, 2012
 
Bob wrote:
<quoted text>
I think John Kerry would do a great job. As far as losing a seat in the Senate, I don't see that as a big thing. It only take one obstructionist to block legislation in the Senate, and the republicans already have the doddering old windbag from KY for that!
They are gonna restore the filibuster process, back to before, so that obstruction isn't as easy....i believe the reluctance, is due to the possibility of a republican winning that seat....
Really

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#17
Dec 15, 2012
 

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Go Blue Forever wrote:
<quoted text> They are gonna restore the filibuster process, back to before, so that obstruction isn't as easy....i believe the reluctance, is due to the possibility of a republican winning that seat....
Interesting since the DEMS are the ones who changed that process in the first place. Seems it came back to bite them in the behind. Now, if they change it again, there is every chance it will come back to bite them yet again. I guess I can see why the Dems and their lemmings are always whining "It's not fair".
Yup

Fort Myers, FL

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#18
Dec 28, 2012
 
both parties suck!!! fire them all!!!
Sassy

Grand Rapids, MI

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#19
Dec 28, 2012
 

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Capital Gains tax is NOT a double tax. You only pay tax on the profit of your investment. You also get to write off the loss.
Chip

Madison, WI

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#20
Dec 28, 2012
 

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Sassy wrote:
Capital Gains tax is NOT a double tax. You only pay tax on the profit of your investment. You also get to write off the loss.
You can only write off $3,000 a year in losses. Also the lower capital gains rate is and always has been designed to encourage investment in businesses, because they create jobs. The democrats despise this because they think the government creates jobs.

Dividends are taxed at a lower rate due to double taxation.

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