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Buffet: Tax the mega-rich

The bottom 45% of wager earners in the US are pulling 0.1% of the income.
 
Warren can pay more taxes...

He can just take his compensation as a salary as opposed to stock which gets capitol gains treatment.

He could also dismiss his attorneys, accountants, and lobbyists that reduce his corporate rate.

If his corporation paid their 35% rate and he paid his 15% capitol gains he would be paying half his income in taxes...corporate tax is double taxation on everybody.
 
The bottom 45% of wager earners in the US are pulling 0.1% of the income.

and paying no taxes and, in many instances, getting refunds in excess of all taxes withheld from them during the year...thanks to your friend g-dub (give credit where credit is due).
 
Hey dipshit, no one said you couldn't live off that.

My point is it's not "rich" if you have a family and live somewhere like NYC, San Fran or DC. You probably have a decent house, maybe 1 nice car and can put your kids through college. But you're not jetsetting and spraying champagne off your yacht on the weekends. There's a difference between comfortable and rich


And while we're at it despite being irrelevant to the point.... Budgeting money has very little to do with being smart. There are shitloads of smart and/or wealthy people with horrible spending habits. That's more a matter of impulse and discipline.

now you're adding a BUNCH of variables that you didn't include in your original statement(s)...and, i've told you this before, people in those areas pay way to much for their real estate...they're the stupid ones, not the 95% of the population that doesn't live in those areas. $250k puts u comfortably within the top 2%, it's a fact...however, i agree that $250k does not make you rich...but, it should make you quite comfortable.
 
now you're adding a BUNCH of variables that you didn't include in your original statement(s)...and, i've told you this before, people in those areas pay way to much for their real estate...they're the stupid ones, not the 95% of the population that doesn't live in those areas. $250k puts u comfortably within the top 2%, it's a fact...however, i agree that $250k does not make you rich...but, it should make you quite comfortable.

how about you learn to fucking read

i said in a high cost of living area

stfu
 
how about you learn to fucking read

i said in a high cost of living area

stfu

you didn't include that in your original statement...oh and I AGREED WITH YOU...$250K ain't rich...you're the one that needs to read things the whole way through...oh and, btw, pm was gonna give you ALL of his k because he felt like he had been so hard on you for the last 7 years...but, i reminded him that you deserved it...so he spread it around instead...have a nice day :)
 
you didn't include that in your original statement...oh and I AGREED WITH YOU...$250K ain't rich...you're the one that needs to read things the whole way through...oh and, btw, pm was gonna give you ALL of his k because he felt like he had been so hard on you for the last 7 years...but, i reminded him that you deserved it...so he spread it around instead...have a nice day :)

2nd to last line sir

http://www.elitefitness.com/forum/chat-conversation/buffet-tax-mega-rich-762191.html#post10388601
 
and paying no taxes and, in many instances, getting refunds in excess of all taxes withheld from them during the year...thanks to your friend g-dub (give credit where credit is due).

You mean no federal taxes, obviously. They still pay a good portion of their income in payroll, sales, etc taxes.
 
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