Obama pays lower tax rate then his secratery

[FreeReport]

You look to be about 5 foot 2 and a buck ten and clearly not a lifter from your picture.


All you do is make threads on "kiddy porn" "Ron Paul meme's" and defend everything Obama does.


Please find another website to sputter your anti god/USA hate on and not on a bodybuilding website,

says the guy/girl without profile picture and full of e-stat

what else, since I don't earn 10k/day not CEO I am barred from Misc?

and no thanks, I feel perfectly comfy here

loving it so much can't get out

[FreeReport]

What a surprise a bald asian to loves obama and seeing the US fail thinks the US Constitution is "tired and old" and needs to be thrown out and US be ran by a Dictator.


You have a lot of balls to just throw out something millions and millions of our (not you) fore-fathers have fought for to be thrown out by some ignorant wannabe Dictator.

well, the privilege of liberty and freedom was always reserved for those who deserve them the most e.g. not the idiots like you

deal with it

[rorschachsbible]

says the guy/girl without profile picture and full of e-stat


loving it so much can't get out

Did anyone else read this in a Chinese type of tone?

[ViolentZ]

At least he pays more than romney does

[FreeReport]

Did anyone else read this in a Chinese type of tone?

don't tell me you're one butthurt RP supporter, cus that would really match the pattern too much

[ViolentZ]

Isn't Obama garnering future votes by using empty rhetoric about raising taxes on the wealthy?
Again, Obama can certainly send in the 30% equivalent tax rate in the form of a check to the IRS. He is free to donate that money. So is Buffett. Buffett can send in millions every year if he so desires. Pelosi can. Chuck Schumer can. Joe Biden can. Do any of them send in that money? No.

If they are supposed to lead, they can start leading by example. Voluntarily send in money so they are paying 30% federal tax. Until they do that, aware yourself that it's empty rhetoric. Part of a political playbook to get populist votes.

brb 5 people will voluntarily send money, yeah that will work. Mandatory > voluntarily in making money dumbass

[JB05]

brb 5 people will voluntarily send money, yeah that will work. Mandatory > voluntarily in making money dumbass

brb arguing against the Bush tax cuts while still using them to one's advantage.

Nobody is forcing Obama or other liberals to pay the lower rates. They can still pay the pre-Bush tax rates if they want. I think we're going to be waiting a long time for that to happen though...

They don't actually believe in the action or utility of government. They only believe in exerting more control over individual incomes.

[FreeReport]

They are giving away their most valuable asset, their time, to that cause.

Thats what matters.

Money. Meh.. comes and goes

[ViolentZ]

Mr. Buffet has two options to prove he's sincere in his tax-rate guilt:
- Increase his secretary's pay to compensate
- Voluntarily send a check to the US Treasury for the amount he believes he should be paying in taxes
The hypocrite has done neither.

That's not the issue fatass. The tax system is so warped that a multi billion ******* pays less taxes then someone who does secretary for a living. That's the problem. Changing one person's pay is not going to solve anything. Tax the rich, that's where the big money is.

Mandatory > voluntarirly

you = dumb and fat

[ViolentZ]

What a surprise a bald asian to loves obama and seeing the US fail thinks the US Constitution is "tired and old" and needs to be thrown out and US be ran by a Dictator.


You have a lot of balls to just throw out something millions and millions of our (not you) fore-fathers have fought for to be thrown out by some ignorant wannabe Dictator.

Stretchnegged you *******
Your founding fathers were gay and liberal

[FreeReport]

brb arguing against the Bush tax cuts while still using them to one's advantage.

Nobody is forcing Obama or other liberals to pay the lower rates. They can still pay the pre-Bush tax rates if they want. I think we're going to be waiting a long time for that to happen though...

They don't actually believe in the action or utility of government. They only believe in exerting more control over individual incomes.

Buffet agreed to match any check some GOP senator sends to IRS, up to triple that amount

but that never happened

GOP didn't care about putting dent on national debt with the multiplier of 4

lolz at making Dems pay for everything while right wingers enjoy the fruits like that doesn't happen already

[JB05]

The tax system is so warped that a multi billion ******* pays less taxes then someone who does secretary for a living.

It's not warped at all. It's completely logical, provided Buffet makes most of his income from capital gains.

An individual can either spend or save their income. Dispute that.

It's more beneficial to the economy for an individual to save (ie. invest), rather than spend on consumption. Dispute that.

So, we should tax investment at a lower rate than the rate at which we tax ordinary income to encourage saving (investment) over consumption. Dispute that.

Break 1 point of my argument, or just agree you're a typical left-wing liberal with no logical concept of economics.

[rorschachsbible]

don't tell me you're one butthurt RP supporter, cus that would really match the pattern too much

Lol I never supported RP but if my choices where RP or Barrack Obama, I would support the guy who wouldn't screw up the US the fastest like RP for instance.

[FreeReport]

It's not warped at all. It's completely logical, provided Buffet makes most of his income from capital gains.

An individual can either spend or save their income. Dispute that.

It's more beneficial to the economy for an individual to save (ie. invest), rather than spend on consumption. Dispute that.

So, we should tax investment at a lower rate than the rate at which we tax ordinary income to encourage saving (investment) over consumption. Dispute that.

Break 1 point of my argument, or just agree you're a typical left-wing liberal with no logical concept of economics.

Ordinary Americans don't have savings, they have mortgage, student loan debt, car note, can't afford health insurance etc

The ultra rich are the ones who benefit from cap gains the most, generally by speculating e.g. increasing gas prices

And they are capturing 90% of income growth

increasing of cap gains tax: less speculation, stable commodity prices. investors will actually invest in companies to invest.

[ViolentZ]

It's not warped at all. It's completely logical, provided Buffet makes most of his income from capital gains.

An individual can either spend or save their income. Dispute that.

It's more beneficial to the economy for an individual to save (ie. invest), rather than spend on consumption. Dispute that.

So, we should tax investment at a lower rate than the rate at which we tax ordinary income to encourage saving (investment) over consumption. Dispute that.

Break 1 point of my argument, or just agree you're a typical left-wing liberal with no logical concept of economics.

If economy works good, then why you guys in recession ?

George walker bush is a muderer

Your daughter is a slut and you are a fat homosex

[danow]

well it wouldn't be empty rhetoric if it passes because it would ACTUALLY raise taxes on Obama... right?

Buffet rule would not affect Obamas taxes because he makes less than a million a year. He would still pay less than his secretary.

[danow]

Buffet agreed to match any check some GOP senator sends to IRS, up to triple that amount

but that never happened

GOP didn't care about putting dent on national debt with the multiplier of 4

lolz at making Dems pay for everything while right wingers enjoy the fruits like that doesn't happen already

LOLZ at Buffet's bull$hit talk. He still owes over $250 million in back taxes.

[FreeReport]

LOLZ at Buffet's bull$hit talk. He still owes over $250 million in back taxes.

Report of the IRS arrest?

[saloman]

$245,000 worth of deductible contributions.

This is where we attack the rich guy for using loopholes to get out of paying his "fair share" of taxes... right?

So now you want to attack Obama for charitable contributions?

[nutsy54]

So now you want to attack Obama for charitable contributions?

No. (Do you seriously have no concept of sarcasm?)

I want to highlight the stupidity of those who claim that one man using the tax code as written to reduce his tax payments is awesome and benevolent, while another man using the tax code as written to reduce his tax payments is an evil, greedy bastard sucking in the Government Handouts by taking advantage of Loopholes.

Just like when Obama tells us he believes his tax payment should be higher... While his actions are the exact opposite.

[llcoolray3000]

The "law of the land" very clearly allows for any citizen to write a check to the US Treasury, above and beyond their required tax payment

Here's the link to donate to the federal government. https://www.pay.gov/paygov/forms/for...ormId=23779454

So what do you propose?

I propose that taxing income is stupid and destructive to the economy. Taxing consumption as proposed in the FairTax bill is way better than the convoluted, corrupt tax code we have now. http://www.fairtax.org/site/PageServ...name=about_faq

[PhantomChaos]

...Would you rather Mitt Romney buys a fleet of yachts than invests in many growing companies?

Yes. At least buying the yachts would create jobs. Romney is a vulture capitalist. He buys companies at bottom dollar, strips them of everything of value then sells at a profit. Capitalism doesn't need this kind of "investor".

[llcoolray3000]

Yes. At least buying the yachts would create jobs. Romney is a vulture capitalist. He buys companies at bottom dollar, strips them of everything of value then sells at a profit. Capitalism doesn't need this kind of "investor".

If the company is failing, then it did a crappy job of meeting market demand. Letting failing companies fail is better than propping them up with taxpayer money.

[cavymeister]

lol at 2012-2022

and the 31 billion is a lie

prove me wrong

You haven't stopped beating your boyfriend.


Prove me wrong.

[nutsy54]

and the 31 billion is a lie

prove me wrong

You're somewhat correct, the actual number is $47 Billion in "additional" revenue over the next decade. $4.7 Billion per year. Or, the amount his government spends every 12 hours. Translation: Just another political stunt with no real impact.

http://www.cbsnews.com/8301-503544_1...rule-on-taxes/

[danow]

I say do away with all the Obama tax cuts that were extended from Bush's presidency.

[saloman]

No. (Do you seriously have no concept of sarcasm?)

I want to highlight the stupidity of those who claim that one man using the tax code as written to reduce his tax payments is awesome and benevolent, while another man using the tax code as written to reduce his tax payments is an evil, greedy bastard sucking in the Government Handouts by taking advantage of Loopholes.

Just like when Obama tells us he believes his tax payment should be higher... While his actions are the exact opposite.

1. Loopholes are government handouts now?
2. Itemizing taxes is now a loophole?
3. I doubt Obama prepares his own tax return.
4. Donating 22% of his after-tax income to charity shows he makes far more than he needs.
5. At 20.5% in 2011, Obama paid 6% more taxes than Romney in 2010 who made far, far more money.
6. The majority of Obama's $172,000 in charity was given to Fisher House, a charity for scholarships for veteran's kids.
7. With an income as high as $790K/yr, not even Obama would see a tax increase under the Buffett rule, which you tards will get all butt hurt about in the coming weeks (as if it in any way impacts you, or ever will impact you).
8. I am curious why the potential GOP candidate still hasn't released his tax return for 2011?

[DJKhaled]

Buffet agreed to match any check some GOP senator sends to IRS, up to triple that amount

but that never happened

GOP didn't care about putting dent on national debt with the multiplier of 4

lolz at making Dems pay for everything while right wingers enjoy the fruits like that doesn't happen already

GOP isn't the one constantly calling for everyone to pay higher taxes.

They say we have a spending problem, whereas the libs say we have a taxation problem. See the difference?

You would think that Pelosi, Obama, Buffett, etc would want to lead by example and send an additional contribution to show that they are willing to pay the maximum tax rate. But of course they don't.

[goody1]

1. Loopholes are government handouts now?
2. Itemizing taxes is now a loophole?
3. I doubt Obama prepares his own tax return.
4. Donating 22% of his after-tax income to charity shows he makes far more than he needs.
5. At 20.5% in 2011, Obama paid 6% more taxes than Romney in 2010 who made far, far more money.
6. The majority of Obama's $172,000 in charity was given to Fisher House, a charity for scholarships for veteran's kids.
7. With an income as high as $790K/yr, not even Obama would see a tax increase under the Buffett rule, which you tards will get all butt hurt about in the coming weeks (as if it in any way impacts you, or ever will impact you).
8. I am curious why the potential GOP candidate still hasn't released his tax return for 2011?

Probably waiting for Obama to release his college transcripts first

[PSToolman]

It's not warped at all. It's completely logical, provided Buffet makes most of his income from capital gains.

An individual can either spend or save their income. Dispute that.

It's more beneficial to the economy for an individual to save (ie. invest), rather than spend on consumption. Dispute that.

So, we should tax investment at a lower rate than the rate at which we tax ordinary income to encourage saving (investment) over consumption. Dispute that.

Break 1 point of my argument, or just agree you're a typical left-wing liberal with no logical concept of economics.

I will. Money invested doesn't grow the economy nearly as much as money in circulation, which can get spent multiple times in one day generating profits and taxes each time. But it's true that we want to encourage investments, but what kind of investments? Making thousands of transactions per second on the stock market does little to help the economy. Further the argument that capital gains are taxed less than income because it was already taxed once at the corporate level fails because not all capital gains are dividends.