This one’s truly, uh … rich: Billionaire Warren Buffett says folks like him should have to pay more taxes — but it turns out his firm, Berkshire Hathaway, hasn’t paid what it’s already owed for years. That’s right: As Americans for Limited Government President Bill Wilson notes, the company openly admits that it owes back taxes since as long ago as 2002. “We anticipate that we will resolve all adjustments proposed by the US Internal Revenue Service (“IRS”) for the 2002 through 2004 tax years … within the next 12 months,” the firm’s annual report says. It also cites outstanding tax issues for 2005 through 2009.
Obvious question: If Buffett really thinks he and his “mega-rich friends” should pay higher taxes, why doesn’t his firm fork over what it already owes undercurrent rates?
A question: what is the “fair share” percentage? What kind of definition of “fair” means that some people pay a higher percentage than others? It is the same definition included in Animal Farm where all animals are equal, just some animals are more equal than others.
And here:
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” It’s time for our government to get serious about shared sacrifice.” – Warren Buffett
As has been Buffett’s refrain for years, he wants higher taxes. But during the years of calling for higher taxes, Buffett has continually refused to put his money where is mouth is and pay more himself. In fact, Buffett uses shelters and taxes to avoid paying more taxes himself. He and Bill Gates have set up charitable foundations to avoid paying taxes on their fortunes.
How about this proposal: a wealth tax on all billionaires who voted for President Obama at 30% of their net worth. Also applied to any tax loopholes used to shelter their billions.
Fairness is equality, not equality in the animal farm sense where some are more equal than others.
Run for your life from any man who tells you that money is evil. That sentence is the leper’s bell of an approaching looter. So long as men live together on earth and need means to deal with one another—their only substitute, if they abandon money, is the muzzle of a gun…. When force is the standard, the murderer wins over the pickpocket. And then that society vanishes, in a spread of ruins and slaughter…. Watch money. Money is the barometer of a society’s virtue. …Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it becomes, marked: ‘Account overdrawn.’ – Ayn Rand, Atlas Shrugged
“I would love nothing more than compromise. But I would say to you that compromise that’s not a solution is a waste of time. If my house was on fire, I can’t compromise about which part of the house I’m going to save. You save the whole house or it will all burn down. We either save this country or we do not. And to save it, we must seek solutions.”
Senator Marco Rubio, U.S. Senate Floor Speech, July 30, 2011
When you see that in order to produce, you need to obtain permission from men who produce nothing;
when you see that money is flowing to those who deal not in goods, but in favors; when you see that men
get rich more easily by graft than by work, and your laws no longer protect you against them, but protect
them against you…you may know that your society is doomed. ~ Ayn Rand – From: “Atlas Shrugged”
‘Alabama’s new immigration law targets unauthorized immigrants, those who don’t have federal alien registration or other proof of legal presence in the United States.’ – AL.com
So is the new term for bank robbers “unauthorized withdrawers” and murders “unauthorized killings”? What about burglars, are they “unauthorized house guests”?
Following through on a campaign promise, Gov. Jerry Brown signed a law Monday easing access to privately funded financial aid for undocumented college students. — LA Times
“Undocumented”. I love the doublespeak. Right out of 1984.
They are here ILLEGALLY. I guess Governor Brown thinks it is better to hide the truth in order to maintain his own power. Power-hungry politician at his best. It is a disgrace that a Governor who is sworn to uphold the LAW just ignores it so blatantly. And worse, encourages law-breakers. What is wrong with the people of California who elected this clown?
The problem is members of Congress are dug in ideologically. President Obama, July 15, 2011
He is right, the power-hungry, class-warfare motivated, politicians want to increase their power over the purse by increasing taxes. It is too bad that both the President and Democrat members of Congress are so dug in ideologically that they insist on tax increases – or “revenues” as the double-speak coming from the President and Congress refers to them.
Mulishness on taxes dooms debt talks in Washington. When one side will not consider that the problem is spending and not revenues (e.g. taxes) and insists on raising taxes, the talks are doomed to fail.
Do you want to be on the side of freedom for people or against freedom? It seems the democrat party has decided they favor their own power over our freedom.