Warren Buffet Tax Shirker and Hypocrite

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Warren Buffet Tax Shirker and Hypocrite

Written By : Warner Todd Huston

Why is it that every time we meet yet another socialist-loving, left-winger he ends up being an utter hypocrite? This time it’s tax-whiner — and now known tax shirker — Warren Buffet, the investment giant that has been telling anyone that will listen that “the rich” don’t pay enough in taxes.

Well, apparently, he’s right, the rich don’t pay enough in taxes. Well, not in general, just in his specific case, anyway. The New York Post has discovered that his famous company, Berkshire Hathaway, has unpaid back taxes going back to 2002 and have even more recent taxes left unpaid.

This cretin has been going around in his Obama-infused stupor insisting that “the rich” need to be destroyed because they don’t pay enough taxes, and he, himself hasn’t even paid what he owes?

That takes a lot of gall, doesn’t it? Whining for more of Obama’s onerous tax schemes when he hasn’t even paid what he owes in the first place!

The Post goes on to lay out that Buffet’s original claim that “the rich” don’t pay enough taxes is a misleading pile of garbage, too, but the fact that he hasn’t even paid what he owes is just unbelievable.

Yeah, why we have here is yet one more liar supporting Obama. It really is unbelievable. Obama’s entire administration is filled with tax cheats!

Anonymous

Too bad we can’t implement a hypocrisy tax. It would place a 95% tax rate on all your earnings and possessions should you advocate raising taxes on others while failing to pay your current obligations.

The current administration alone would yield millions.

Daytrip

And in their mind, millions would be enough to cover the trillions we’re in debt. Sometimes I wonder if the administration is shorting the dollar…it seems like they’re doing everything they can to make it worth less haha

Anonymous

Look at this chart. Discussion over.

http://www.opensecrets.org/lobby/clientsum.php?id=D000021757
http://goo.gl/2AcGf Free Million Dollar Entry Coupon

Free Million Dollar Entry Coupon
TheDarkKnight

Progressives would never admit to this but the issue with the tax system has nothing to do with the rates that in places – the second your start dividing people into groups is the very second that they begin to coalesce and focus more on the needs of their group.

Case in point.. does anyone REALLY think that jacking up the rate “the rich” are paying is ever really going to produce an increase in “revenue” (hate that term)?

No – it won’t.

Why? Simple… “the rich”, whomever they may be, have the resources available to do any one of a number of things that the average taxpayer cannot.

(1) Lobby for favorable tax law
(2) Sue the government for a reduction in liability
(3) Shuttle funds off-shore
(4) Shelter funds on-shore

To think otherwise is, frankly, juvenile…

Anonymous

Oh no, it raises taxes on the rich that refuse to play by the rules of crony capitalism. If you try to open your own business and make it without greasing the right palms, forget it. The elite never pay more taxes, they just make sure that nobody can join their ranks without kissing their rings.

TheDarkKnight

Right – and then those rich who play by the known rules and not the undocumented rules established by the ruling elite cut jobs, lose critical profits and shut their doors.

In the end – revenue is not increased.

JoeBrit

Read and weep/ You people never look at the results of fiscal policy, so you continue to promulgate failed ideas. Low taxes create jobs do they? You don’t have to be bright to pick up on this.

Bush Tax Cuts for the Wealthy Have Resulted in Loss of a Million Jobs: It’s Just Common Sense

“One of the traditional America values that used to be revered as a sign of our national character was common sense.

But no longer. Most of the right-wing slogans and sound bites are based on promoting economic policy that has proven not to work. This is the opposite of common sense: it’s doing what repeatedly hasn’t shown results and insisting that it will magically be effective the next time around.

GOP Congressman Randy Hultgren of Illinois was confronted with common sense about the Bush tax cuts at a summer recess town hall meeting. Indeed, a constituent asked Hultgren why – if the Bush tax cuts helped create jobs, as the GOP argues – the unemployment rate has gone up around 3 percentage points since they were enacted? Hultgren was flummoxed.”

Martin Hale

Shergald, I’m sure the people at BuzzFlash.org would have appreciated you’re leaving an attribution to their original work and maybe a link to boost their site traffic. Common courtesy, you know?

http://www.wordaroundthenet.com Christopher Taylor

If he had any courtesy or honor he’d have left here long ago.

Anonymous

Have you ever met a modern Dem that knows what Honor even is?
Anonymous

Have you ever met a modern Dem that knows what Honor even is?

JoeBrit

Mea culpa.

Anonymous

Amazing we managed to have any jobs in this country at all considering the federal budget is at an all time high (percent GDP).

I mean, if the only way jobs can exist is via taxation it seems our economy should have stagnated until very recently.

Anonymous

If we run around breaking all of the windows in all of our individual neighborhoods that will also stimulate the economy.
JoeBrit

Data, data, data.

Clinton raised taxes and ended his two terms having created 20 million jobs. Now you claim different. Should anyone really pay any attention to you and others who spout the same tripe.

You’ve been indoctrinated to the party line.

Bill Dalasio

You know, shergald, in neither your comment nor the posting you cribbed, there’s no actual, you know, data supporting your claim.
JoeBrit

Well it is possible you are that young. Well back in 1993 Clinton did raise taxes, and by the end of his term he did create 20 million jobs, which Clinton himself has repeated numerous times, obviously with pride. He also left a budget surplus, which everyone is aware of. These facts are now common knowledge and there is no need for me to look it up for you. You have to get up to date.

JoeBrit

Warren Buffet has contributed his entire fortune, over 40 billion dollars, to the Bill and Malinda Gates Foundation. Buffet is not one of your typically greedy Koch type billionaires who can’t get enough, and uses politics to gain corporate and personal taxcuts like the 15% capital gains/dividend tax rate. In fact, he has complained about the government’s (read right wing) pampering of the wealthy.

Strange how poor people suck up to the greedy rich, and knock the philanthropic rich. like Buffet.

http://davidscommonplacebook.wordpress.com/ David Hoffman

By making this contribution he avoids the 55% estate tax. If he really believed what he is saying he would have contributed that $40 billion to the government already.
By the way, did you actually read the above post? Buffet is not paying the taxes he actually does owe.

And, weren’t you banned?

JoeBrit

If he is giving it all away he is avoiding nothing.

Anonymous

HE. IS. A. SANCTIMONIOUS. HYPOCRITE. WHO. ISN’T. PAYING. HIS. TAXES.
Accept it, moonbat, and steel your nerves for the same revelation to surface about GF Soros some time in the future.
TheDarkKnight

“Warren Buffett’s Berkshire Hathaway Owes Taxes Going Back To 2002″

http://www.huffingtonpost.com/2011/08/29/warren-buffett-taxes-berkshire-hathaway_n_941099.html

I chose HuffPo because I figured, being a mindless progressive, it might be a source you would trust.
TheDarkKnight

“Warren Buffett’s Berkshire Hathaway Owes Taxes Going Back To 2002″

http://www.huffingtonpost.com/2011/08/29/warren-buffett-taxes-berkshire-hathaway_n_941099.html

I chose HuffPo because I figured, being a mindless progressive, it might be a source you would trust.

JoeBrit

I read it, but we haven’t heard the full story.

On the other hand, my comment about Buffet’s philanthrophy must have been dangerous and were censored.

Anonymous

” . . . comment . . . . were censored”.

You write about as well as Obama.

Martin Hale

That’s Ok Smithwick – if it’s like about 90% of what Shergald writes, it’ll be gone in short order. The ‘flaggly monsters’ will see to that.
http://www.wordaroundthenet.com Christopher Taylor

I flag every single thing he posts because he’s an obnoxious, unreachable, repeatedly banned idiot.
Anonymous

Hehehehe!

Oh, that is brilliant, Martin! “The Flaggly Monster”? Heh. I am so going to steal that one from you!

Better watch out, Shergald! The Flaggly Monster is coming for you!

RRRRRRRRAAARRR! TROLL POSTS!
NOM!
NOM!
NOM!
NOM!

On a more serious note, did you notice that ”Joe” is not even bothering to deny that he’s Shergald these days?
JoeBrit

You actually waste your time correcting spelling and grammar?

Greg

So you concede that Buffet won’t put his money where his mouth is and donate to the government? Instead he donates to private charity. That shows his earnest belief in where his money will best be utilized.

Anonymous

It’s a; for thee not me thingy.

JoeBrit

Warren Buffet has contributed his entire fortune, over 40 billion dollars, to the Bill and Malinda Gates Foundation. Buffet is not one of your typically greedy Koch type billionaires who can’t get enough, and uses politics to gain corporate and personal taxcuts like the 15% capital gains/dividend tax rate. In fact, he has complained about the government’s (read right wing) pampering of the wealthy.

Strange how poor people suck up to the greedy rich, and knock the philanthropic rich. like Buffet.
http://www.wordaroundthenet.com Christopher Taylor

Yeah this doesn’t mean what he wrote was necessarily false or wrong – you judge a statement on its own merits and facts – but it does make you wonder why he wrote the article to begin with. What did he have to gain?
Anonymous

D-crats love to tax you to death, then tax your death, all while wasting your tax dollars on crony capitalist bonuses, bailouts, abortions, pork, socialist welfare and THEMSELVES. But, like lunatic-left liberal d-cRAT TAX CHEATS geithner, rangel, olbermann, mccaskill, holder, daschle, killifer, buffett, solis, kirk, sebelius and millions more, they hate to pay taxes, and they’ll cheat the government out of every penny they can.
Anonymous

Warren Warren Warren,

Here is the solution: This year we will tax wealth (i.e. net worth), but on only those with a net worth above 5 billion. This will be a 75% tax with no deductions, based upon last years Forbes list numbers. If you make it through this w/out complaining and dodging then we will seriously consider raising the upper income tax brackets.

The IRS is waiting for “your” (see: now our) $37.5 billion, and they do take stock.

I know that $37.5 billion is only a drop in the bucket in terms of the federal debt but it will be a starting point. I also know that losing this amount of money will have zero impact upon your lifestyle. So do it for the country or STFU.

Who Is Brett Kimberlin?

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