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Warren Buffett - "Stop Coddling the Super-Rich"

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Warren Buffett - "Stop Coddling the Super-Rich" Empty Warren Buffett - "Stop Coddling the Super-Rich"

Post by Guest Mon Aug 15, 2011 7:12 am

While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.

Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income — and that’s actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent.

My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.

Warren E. Buffett is the chairman and chief executive of Berkshire Hathaway.
http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html?src=tp

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Post by guest Mon Aug 15, 2011 9:27 am

This message needs to be hammered home on a daily basis, b/c the R's, TP's and conservative talking heads keep spreading the lie that it is the rich who carry the highest burden of paying taxes.
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Post by zphtar Mon Aug 15, 2011 12:03 pm

I want to hear Bauchmann say again that she hasn't heard one rich person say they want to pay more taxes.

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Post by Hunterforjobs Tue Aug 16, 2011 11:26 am

Wow just wow.
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Post by mistermunster Tue Aug 16, 2011 3:21 pm

If you make money with money, as some of my super-rich friends do, your percentage may be a bit lower than mine. But if you earn money from a job, your percentage will surely exceed mine — most likely by a lot.

The VERY problem with the system. The real LABORERS get screwed.

My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.

Congress is FULL of Millionaires. The other PART of the problem.
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