The richest have a 16% effective tax rate- Clinton to go for the Buffett rule- 30%. TY Dems

[the_human_being]

Sit down and listen all you Liberals. The Human Being has contacted his tribal soothsayer and smoke from the peyote pipe and seen the vision given to him by his forefathers. The Human predicts that Liberals will be as scarce as hen's teeth on USMB following the election. The Human Being has spoken It is done.

Sent from my Tom-Tom

 

[francoHFW]

Yup, thanks for the corrupt W. Booosh Wold Depression. Nobody wants to hire boomers...and nobody wants crap Reaganist $8/hour jobs...brilliant.

Most Americans don't like the direction America is heading.
So in one respect Obama is a Uniter.

It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

So Obamanomics is based upon Reaganomics?

Jeebus you're a gd fool...Pubs have blocked all Obama has tried to do to reform this Reaganist policy system duh...

Oh, so the economy you Democrats cheer about is due to the Republicans in Congress.
Got it.

The economy could be much better if there was a normal infrastructure bill, a training program for tech jobs, payroll tax cut and hike for the rich, cheaper loans for college, an immigration bill with good SS/ID card, raise in min. wage, etc etc. ALL blocked by mindless Pubs.

 

[Ray From Cleveland]

Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.

I like how she uses the 2013 effective rate of 16% instead of the 2014 effective rate of 24.7%. But of course that can't be right. The Clintons never lie:

Fact Sheet: Taxing Wealthy Americans | Americans for Tax Fairness

 

[80zephyr]

View attachment 58597

Yup, thanks for the corrupt W. Booosh Wold Depression. Nobody wants to hire boomers...and nobody wants crap Reaganist $8/hour jobs...brilliant.

Most Americans don't like the direction America is heading.
So in one respect Obama is a Uniter.

It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

So Obamanomics is based upon Reaganomics?

Jeebus you're a gd fool...Pubs have blocked all Obama has tried to do to reform this Reaganist policy system duh...

How did they manage to do that when Obama was elected? They controlled the House and the Senate. How did the GOP "block" Obama?

 

[initforme]

Yes we all want to ensure the rich can make it. Lol

 

[the_human_being]

You guys paude a moment a listen to the next President of the United States speak in Biloxi, Ms. tonight. Just look at the size of that crowd. There's more present than will be at the Democrat Convention.

 

[Ray From Cleveland]

Yes we all want to ensure the rich can make it. Lol

I know I sure do. The rich are the people that own companies that use our service. The rich are the people that are creating a comfortable retirement for me in the stock market. You bet I want to make sure the rich make it.

 

[francoHFW]

Yup, thanks for the corrupt W. Booosh Wold Depression. Nobody wants to hire boomers...and nobody wants crap Reaganist $8/hour jobs...brilliant.

Most Americans don't like the direction America is heading.
So in one respect Obama is a Uniter.

It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

So Obamanomics is based upon Reaganomics?

Jeebus you're a gd fool...Pubs have blocked all Obama has tried to do to reform this Reaganist policy system duh...

How did they manage to do that when Obama was elected? They controlled the House and the Senate. How did the GOP "block" Obama?

200 filibusters. Only controlled for 13 DAYS in session, dupe.

 

[francoHFW]

Yes we all want to ensure the rich can make it. Lol

I know I sure do. The rich are the people that own companies that use our service. The rich are the people that are creating a comfortable retirement for me in the stock market. You bet I want to make sure the rich make it.

They're absolutely bloated with cash now. OTOH, the rest might bring the economy down, they're so screwed. Great job, GOP and chumps.

 

[francoHFW]

You guys paude a moment a listen to the next President of the United States speak in Biloxi, Ms. tonight. Just look at the size of that crowd. There's more present than will be at the Democrat Convention.

Just LOOK at all those racist ignorant boobs lol...he might get 45%!

 

[80zephyr]

Most Americans don't like the direction America is heading.
So in one respect Obama is a Uniter.

It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

So Obamanomics is based upon Reaganomics?

Jeebus you're a gd fool...Pubs have blocked all Obama has tried to do to reform this Reaganist policy system duh...

How did they manage to do that when Obama was elected? They controlled the House and the Senate. How did the GOP "block" Obama?

200 filibusters. Only controlled for 13 DAYS in session, dupe.

And yet, they could work on Obamacare for months and STILL pass that without a single GOP vote. Face it, they DIDN'T WANT TO.

Mark

 

[the_human_being]

You guys paude a moment a listen to the next President of the United States speak in Biloxi, Ms. tonight. Just look at the size of that crowd. There's more present than will be at the Democrat Convention.

Just LOOK at all those racist ignorant boobs lol...he might get 45%!

Yes, they're ignorant alright. They live in a southern clime, play at the casinos, eat a lot of good seafood and steaks, go swimming, water skiing, ride jet skis, go fishing offshore or freshwater, own boats, waterfront homes, etc. Burt like you say, they're the ignorant ones.

 

[9aces]

Most Americans don't like the direction America is heading.
So in one respect Obama is a Uniter.

It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

So Obamanomics is based upon Reaganomics?

Jeebus you're a gd fool...Pubs have blocked all Obama has tried to do to reform this Reaganist policy system duh...

How did they manage to do that when Obama was elected? They controlled the House and the Senate. How did the GOP "block" Obama?

200 filibusters. Only controlled for 13 DAYS in session, dupe.

Last time I checked, you only need 1.

 

[francoHFW]

It's the REAGANIST direction duh. Reagan btw would have seen this. He wasn't as dumb and ideological as the New BS GOP.
The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

So Obamanomics is based upon Reaganomics?

Jeebus you're a gd fool...Pubs have blocked all Obama has tried to do to reform this Reaganist policy system duh...

How did they manage to do that when Obama was elected? They controlled the House and the Senate. How did the GOP "block" Obama?

200 filibusters. Only controlled for 13 DAYS in session, dupe.

Last time I checked, you only need 1.

It was in late 2009, and you don't raise taxes in middle of a Pub World Depression ANYWAY. And of course they didn't know Scott Brown's election would bring pure obstruction in a couple months.

 

[2aguy]

Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.

you do realize that buffet is hiding his money in his foundation...he gets massive tax breaks for investments made through his foundation....right? He won't pay even close to 16% on any of his money....twit.

 

[francoHFW]

Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.

you do realize that buffet is hiding his money in his foundation...he gets massive tax breaks for investments made through his foundation....right? He won't pay even close to 16% on any of his money....twit.

So now you're an expert on Buffett's taxes. It's good POLICY. I don't give a shytte, git. lol. Do you dupes know anything about politics, or is it all character assassination? Hedge funders are next, if not sooner.

 

[2aguy]

The buffet foundation is a tax cheat....

Articles: Private Foundations: Benefactors or Malefactors?

The modern system, in summary, works like this. A rich family or corporation creates an endowment to further "charitable" causes selected by the founder, subject only to extremely loose standards of public good. By way of example, the charitable purposes of foundations established by the Buffett family promote abortion rights, education of poor children, nuclear non-proliferation, environmental protection, and human rights. The endowment is donated free of gift tax, and is also removed from the reach of otherwise applicable death taxes. Moreover, the founder receives an immediate deduction from his income taxes for the gift, in effect getting 35% or more of it back from the taxpayers.

The foundation invariably takes this money and invests it. Although foundations do have to pay taxes on so-called "unrelated business income" (UBI), investment earnings are not considered UBI and thus are free from income tax. If, as some politicians argue, lower taxes on capital gains, interest, and dividends constitute a subsidy for the rich, this tax-free universe for foundations is Valhalla itself.



what was that...free from income tax.............

 

[Ray From Cleveland]

Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.

you do realize that buffet is hiding his money in his foundation...he gets massive tax breaks for investments made through his foundation....right? He won't pay even close to 16% on any of his money....twit.

So now you're an expert on Buffett's taxes. It's good POLICY. I don't give a shytte, git. lol. Do you dupes know anything about politics, or is it all character assassination? Hedge funders are next, if not sooner.

Many wealthy people earn their money from capital gains. Capital gains are taxed much lower than an ordinary income. Of course people like Buffett want higher taxes. They won't affect him. He's on the top of the mountain and wants to keep everybody else off of it.

So Hillary comes along and increases capital gains. There goes the stock market tumbling down the hill. Nobody is going to invest in something as risky as the stock market if they are going to have to pay 30% tax.

 

[francoHFW]

Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Another unknown fact with the tidal wave of GOP BS propaganda from the nutjob big money right, and nothing from the cowardly corporate media...our media is bought off and pathetic.

Everyone is now paying 20-30% in all taxes and fees, killing the nonrich and demand for product, and leaving too little to re-invest in America. Shortsighted, idiotic, misinformed Reaganism marches on. see sig.

you do realize that buffet is hiding his money in his foundation...he gets massive tax breaks for investments made through his foundation....right? He won't pay even close to 16% on any of his money....twit.

So now you're an expert on Buffett's taxes. It's good POLICY. I don't give a shytte, git. lol. Do you dupes know anything about politics, or is it all character assassination? Hedge funders are next, if not sooner.

Many wealthy people earn their money from capital gains. Capital gains are taxed much lower than an ordinary income. Of course people like Buffett want higher taxes. They won't affect him. He's on the top of the mountain and wants to keep everybody else off of it.

So Hillary comes along and increases capital gains. There goes the stock market tumbling down the hill. Nobody is going to invest in something as risky as the stock market if they are going to have to pay 30% tax.

It shouldn't be 0%. AND THEY ALWAYS HAVE invested...

 

[the_human_being]

Yes we all want to ensure the rich can make it. Lol