Warren Buffett: Stop Coddling the Super-Rich!

[Lessons]

[y]CGjWwYacy-U[/y]

worth the 4min

[TheVintageBug]

no it's not. It's simple logic


If your "right" requires that someone else works/labors to provide you a product or a service, then what is your position if those people refuse to work?

Since you consider it your "right", do you support forcing them to work if they refuse?


it's very simple and thus a very simple answer too.

[Kevo D]

So no one recognizes the inherent inequity in legacy wealth paying a decidedly lower average tax rate due to their unearned portfolio income versus the average upper/middle class household who is working harder to earn less and pay, on average, more income tax?

Because assuming you believe that a marginal increase in qualified dividend/capital gains rates isn't going to cause these wealthy investors to run from the market, I've never really seen the net benefit of our current long-term rates.

[Ramilyn M]

its true

[CntrywthClass]

son, you were out faster than a fat kid trying to slide into home plate.

[drew o]

Different argument. You still don't know how to define them. I'll give you 10 minutes to google it and paste in a wiki link.

[#10]

I'm clearly discussing the upper/middle class, not the statistical middle class, who pay a lower average tax rate.

[serene irene]

please point out the inconsistency. he's not in favor of paying more taxes for the sake of paying more taxes, he's in favor of making the superrich pay a more equitable effective tax rate. that doesnt (and shouldnt) preclude him from arguing against specific tax code policies.

[AnnaMarie]

oh u fancy now

[I wanna know]

and it was all future cuts. no actual cuts to shit now.

it's like saying hey instead of spending 1 trillion next year we'll just spend 900 billion. we saved 100 billion!

well no you spent 900 billion