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Berkshire Hathaway Inc. Message Board

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  • jbk1089 jbk1089 Nov 27, 2012 4:13 PM Flag

    Buffett wants higher taxes!

    Because Warren Buffet knows what he is talking about. You cannot have a successful economy where the rich are breaking record profits every year and paying a lower rate while the rest of the people are suffering. The middle class needs the tax relief not the rich.

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    • mcmsbm@verizon.net mcmsbm Dec 8, 2012 12:48 PM Flag

      Also, you cannot have a successful country that has to borrow 40 cents of every dollar it spends... Remember Greece?

    • You are wrong. I am rich and I don't need my taxes raised. It is my money that I earned and the government has no right to it. We rich guys provide the capital that is the engine that grows the economy. We pay less of a tax rate because the capital gains tax rate is lower - by design to encourage rich guys like me to invest in the economy. You and Buffet should go to a communist country and see how good life there is.

      • 3 Replies to oldjetty1
      • No you are wrong Mr rich guy. When it comes to our country borrowing money from foreign countries to give millionaires and billionaires tax breaks it does not fire up the engine that grows the economy. The economy grows when there is a strong middle class that purchase goods from businesses. That encourages companies to hire not giving them tax breaks lmao... Get educated and get with the times old man. I am 24 and have more to show then you.

      • Yours You are wrong. I am rich and I don't need my taxes raised. It is my money that I earned and the government has no right to it. We rich guys provide the capital that is the engine that grows the economy. We pay less of a tax rate because the capital gains tax rate is lower - by design to encourage rich guys like me to invest in the economy. You and Buffet should go to a communist country and see how good life there is.

        Reply
        The opportunity for wealth is almost entirely due to laws, constitution, infrastruture, all things you are not individually responible for.
        Be gratefull for that opportunity and your wealth!
        Realize those who have, also bear a greater share of responibilty to act to preserve the system responible for that wealth.
        A 2% tax, per year, on wealth would not deminish that wealth. If such a tax could put this country debt free, realize such a tax would likely result in a wealth benefit considering your many investments.

      • Barry wants your wallet.

 
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