Soul Strut

Drop image/file

<blockquote class="Quote"><div><strong class="bc-author">Rockadelic</strong> said:</div><div><blockquote class="Quote"><div><strong class="bc-author">BobDesperado</strong> said:</div><div><blockquote class="Quote"><div><strong class="bc-author">Rockadelic</strong> said:</div><div>Fuck Warren Buffett<br />
	<br />
	I make a decent income.....I take ONLY the very basic tax write-offs that are available to ANY home-owning family. I leave a lot of money on the table annually by not taking what I see as unecessary tax write-offs and I sleep well at night as a result.<br />
	<br />
	The one time I hired an acccountant to do my taxes he called me a fool and I wound up doing my taxes myself as I have for the last 33 years.<br />
	<br />
	If Warren Buffett believes the rich are not paying enough taxes he should do the same thing....but instead he takes advantage of every law and loophole a bazillionaire like himself is privy to and then takes a "moral" stand about how it's wrong.<br />
	<br />
	Fucck Warren Buffett......lead by example you greedy mofo.</div></blockquote>
	<br />
	 Buffett does endless work for charity and his statements on tax fairness are valid.  The true greedy motherfuckers don't give a damn and work actively to make the tax code (and everything else) even less fair.<br />
	<br />
	http://www.looktothestars.org/celebrity/183-warren-buffett<br />
	<br />
	Does Buffett actually max out his tax breaks?  I don't know and neither do you.  But to pretend he's the bad guy here is just silly.</div></blockquote>
	<br />
	Charity work aside....we DO know, by his own admission that he pays a lower tax % than his secretary. As you yourself have explained the tax rates here based on level of income, you know this would be impossible without tax shelters/write-offs, etc.<br />
	<br />
	You can pay taxes without using such advantages if you choose to.</div></blockquote>
	<br />
	Most of his income comes from capital gains.  Capital gains aren't taxed like "normal" income - they're taxed at 15%.  <br />
	<br />
	No shelters/write-offs necessary beyond that.  That's how it works.  Nothing "impossible" or even difficult about it.<br />
	<br />
	Hedge fund managers - who tend to make shitloads of money - also benefit from this reality.

Cancel

Community