Mitch didn't.

#1 | POSTED BY DOC_SARVIS AT 2012-01-26 07:34 AM | REPLY |

39k, get real dummy.

$49K is likely more than 99% of Americans payed. I'll have to look up a real figure, but I'm sure it's more than most pay based on earnings numbers.

Mitch didn't.
#1 | Posted by Doc_Sarvis at 2012-01-26 07:34 AM | Reply | Flag:

39k, get real dummy.
#2 | Posted by glasshouse

It's $49K, not $39K. And it's VA GOP Congressman Scott Rigell, not GOP Senate Minority Leader Mitch "Yertel" McConnell.

Seriously, don't you ever get tired of making a horse's ass of yourself?

Seriously, don't you ever get tired of making a horse's ass of yourself?
#4 | Posted by Doc_Sarvis

Door Number Two!
~ GasHouse

$49K is likely more than 99% of Americans payed.

#3 | Posted by BruceBanner at 2012-01-26 10:42 AM | Reply | Flag:

So it is not about paying their fair share in percentage then, just making sure they pay more in dollar amounts than the average American?

If that is the case, they already do that even if they are only putting in 15% of their income.

You need to make up your mind as to what the benchmark is. Is it percentage or is it dollar amount?

Your defense of Buffets 49k seems to indicate it is dollar amount more so than percentage.

Senate Republican leader Mitch McConnell told NBC's Meet the Press, "With regard to (Buffett's) tax rate, if he's feeling guilty about it, I think he should send in a check."

He also offered to send in 3x what Mitch does.

Didn't I read a report sometime last fall that Buffet's Berkshire Hathaway was fighting the IRS over $1 Billion in unpaid taxes. Let me get my Google on...

#7 | Posted by 726 at 2012-01-27 08:16 AM | Reply | Flag:

Of course he is the one that wants to send in more money... not Mitch Daniels.

That is what you call empty rhetoric and almost hypocrisy.

"I think this is right"... "Well, if you think it is right... do it!"... "I'll do it 3x more than you do it if you do it first..."

If Buffet really does not think he is paying the proper percentage and thinks he should pay more... then he should pay more in regard to the proper percentage or higher rather than just paying some arbitrary extra dollar amount.

Given that I linked to a Newsmax article that will automatically be ignored by our more liberal members, here's the HuffPo article on Buffet's back tax problem.

"If Buffet really does not think he is paying the proper percentage and thinks he should pay more..."

So tired of this phony argument, Buffet is concerned with the welfare of his country, sure he could pay more all by himself but that won't solve the nation's problems but if everyone who is rich started paying more it would help the country significantly. The wealthy have gained much from America, it is time that they paid taxes comensurate with the level of prosperity America has provided for them. They need to look back to previous generations and see what patriotism meant for the wealthy when the wealthy still cared about their country.

"If Buffet really does not think he is paying the proper percentage and thinks he should pay more..."

So tired of this phony argument, Buffet is concerned with the welfare of his country, sure he could pay more all by himself but that won't solve the nation's problems but if everyone who is rich started paying more it would help the country significantly. The wealthy have gained much from America, it is time that they paid taxes comensurate with the level of prosperity America has provided for them. They need to look back to previous generations and see what patriotism meant for the wealthy when the wealthy still cared about their country.

"Given that I linked to a Newsmax article that will automatically be ignored by our more liberal members,"

Post links to legitimate news sources if you want us to actually read your links, NEWSMAX is crap, my computer objects when I click on a link to that garbage.

#11 | Posted by danni at 2012-01-27 08:35 AM | Reply | Flag:

So he shouldn't be exemplary in regard to what he is advocating others to do?

You know what people say to individuals that fail to do that?

Practice what you preach

Don't you agree?

Buffet himself, with is 49k dollar check, seems to think that a billionaire such as himself only needs to pay an extra 49k for the level of prosperity America has provided for him.

Again, Buffet makes it clear that it is actually about dollar amounts paid rather than percentage... as if it was about percentage... Buffet would practice what he preached.

Post links to legitimate news sources if you want us to actually read your links, NEWSMAX is crap, my computer objects when I click on a link to that garbage.

#13 | POSTED BY DANNI

I did. Crickets.......

"I want a government that is responsive to the people who got the short straw in life."

-Used 2.B. Buffet

Buffet is supposedly a smart dude. But where's the connection between taxing millionaires at 30% and helping folks with shorter straws?

He doesn't, can't, show a connection. Can he?

This is all about rich guilt. Nothing more. Write a check, BOZO. And, oh by the way, Canada is building the damn pipeline anyway.

Even the Obungler doesn't seem to know the difference between wealth and income and the difference between income from wages, capital gains, interest, tax free interest, trusts, etc.

Some wealthy people have income that can't be touched and some people with high incomes are not rich. Raising TAX RATES on wages may not bring in more revenue to the treasury.

But continue the class warfare because the welfare scum who make up the dem base want revenge for the fact that they don't work and don't have shit or a pail to put it in.

Buffett won't be paying it. He's asking for a surtax on income, but wants to exclude the kind of income HE makes.

Amazing his fellow liberals let him get away with this sophistry. They're dumb.

"wants to exclude the kind of income HE makes."

How's that?

sophistry

Posted by rightisright at 2012-01-27 09:43 AM | Reply

Extra credit for my favorite word!

"A sophism is taken as a specious argument used for deception. It might be crafted to appear logical while actually representing a falsehood, or it might use obscure words and complicated sentence constructions in order to intimidate the opponent into agreement out of fear of feeling foolish. Other techniques include manipulating the opponent's prejudices and emotions to overcome their logical faculties."

The wiki quiki for anyone confused by the term, and now that you know it, you will see it being employed (not the term, the technique) ad infinitum on the DR.

Wow. I understand the word, but not the definition. Weird.

Shortly after the proposed millionaires' surtax was first raised, Senate Republican leader Mitch McConnell told NBC's Meet the Press, "With regard to (Buffett's) tax rate, if he's feeling guilty about it, I think he should send in a check."

"Buffett did."

LMAO... 49K? Wow, like a waitress getting an extra penny on her tip.

"Seriously, don't you ever get tired of making a horse's ass of yourself?"
#4 | Posted by Doc_Sarvis at 2012-01-26 10:43 AM | Reply | Flag: "I know I do"

At $45 billion, the pathetic amount he gave the IRS could have gone to some needy family.

Piss it all away. He's an old bastard and doesn't need it, or can possibly spend it. Give 45k to 1 million families. $4500 to 10 million families. Fuck wasting it on the government, give it right to the people who need it. Seems to me Pelosi and company saying free money runs the economy because it is all spent, this should double her trend knowing it wasn't borrowed by the Feds.

Of course the left would have none of this, and whine about losing tax revenue and the loss of the Gov power, and going against the status quo...

"Seriously, don't you ever get tired of making a horse's ass of yourself?"
#4 | Posted by Doc_Sarvis

No
#23 | Posted by KBM

Buffett is welcome to his opinions, but so are the rest of us. This egalitarian society described by the libs is pure fantasy -- and to pretend that it cannot be achieved because of people they deem not paying their fair share is a very dishonest argument.

There has never been a time in history where the poor and rich did not exist. Not sure when historically we are to refer to for an example of how we are to act now. I'v been around 50 years or so -- the old people eating cat food was very popular when I was in grade school.

What has changed is that the vocal minority truly feel they have a toe hold with their ridiculous agenda of class envy here in the USA. As well -- the most selfish self absorbed generation, the boomers are becoming more and more needy. The generation that has known bounty beyond the wildest imaginations of their parents -- but yet sponge of their aged parents because life has gotten just too tough. Somehow, their parents managed to save enough to retire -- but the boomers whose incomes dwarfed the past (and present incomes) have nothing. Awwwww.

Keep demanding to receive what you did not earn, what does not belong to you; sorry that you feel entitled to other people's property, you don't, but owning this "truth" must be very frustrating.

Four more years!!!!

sure he could pay more all by himself but that won't solve the nation's problems but if everyone who is rich started paying more it would help the country significantly.

#11 | Posted by danni at 2012-01-27 08:35 AM | Reply | Flag:

Your hero, Buffett, is already making moves to shield his wealth from the Buffett tax, as most rich people will do.

This is nothing but a warmed-over version of the Alternative Minimum Tax.

NEWSMAX is crap, my computer objects when I click on a link to that garbage.

#13 | Posted by danni at 2012-01-27 08:37 AM | Reply | Flag:

But when Danni clicks on PuffHo, her "Fair and Balanced" computer gives her ice cream.

LMAO... 49K? Wow, like a waitress getting an extra penny on her tip.

#22 | Posted by crispee_oc at 2012-01-27 10:17 AM

C'mon, if you do the math, that is .017% of his AGI!

And to think that sheep like Cock Starvis are turgid over his munificence.

If Buffett is concerned about tax revenues then he should have Bershire Hathaway send in the billion dollars of taxes it owes and has been fighting for 10 years!

He's a lying hypocrite pussy just like Obama.

#30 .. why not simply confiscate & nationalize Berkshire-Hathaway and then FORCE Buffett to run it for a fair wage?
~ $100,000 per year .. or lump sum $65,000 with the 35% in taxes already deducted

This is nothing more that political grandstanding by Democrats and pandering to people who are so illiterate on matters of finance that they need the government to handle all aspects of their pathetic loser lives, is exemplified by liberals and other idiots

How Much Revenue Would The "Buffett Rule" Bring In? Not Much At All

As you can see, the short answer is: some, but not enough to make a dent in the deficit. If you put a floor at their current marginal tax rate of 35%, the government would obtain $37 billion more dollars. That might sound like a lot, but it amounts to just 2.5% of the 2009 $1.5 trillion deficit (which is the red line shown). If you increase the floor to the pre-Bush-tax-cut marginal rate of 39.6%, the additional revenue grows a bit - to $66 billion, or 4.5% of the year's deficit.

Even if you get really aggressive, it doesn't help much. Even a tax floor for these individuals at 75% would cover less than 20% of the year's deficit.

The states that didn't fair so well in the CENSUS all have high taxes on millionaires. If you think raising taxes on millionaires will solve your problems, just look at the states that tried it.

Liberals are like teenagers they think there is a money tree in the backyard.

"But when Danni clicks on PuffHo, her "Fair and Balanced" computer gives her ice cream."

Huffington is a bit left leaning, it doesn't pretend to be "fair and balanced." Newsmax though is just garbage pretending to be news, even most conservatives agree with that. There are reputable conservative news outlets but Newsmax just isn't one of them.