5 billionaire Buffett Rule backers

Those who make more than $1 million would pay a minimum tax rate of 30% under a proposal by President Obama. Here are some of the big moneymakers asking for a tax hike.

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464Comments
May 17, 2012 6:10AM
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all of the right wing douschbags are up early this morning

 

May 17, 2012 5:52AM
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A couple side comments. Raising the wage limit on SS won't do a lick of good until it's segregated from the general revenue as it once was. Give them more, they'll spend more. TO CONGRESS A QUOTE FROM YOUNG FRANKENSTEIN-----------PUT--THE MONEY--BACK !!!!!!
May 17, 2012 5:26AM
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I will give Warren Buffett $1,000 to STFU!
 
Write a check A-HOLE, you already owe the Fed over $1 BILLION in back taxes!!!!!!!!!!!!!!!!



May 17, 2012 5:19AM
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For the 50,000th time, anybody, anytime, can write a check to the US Treasury for the national debt! Write the check or shut the he-- up !!!!!!!!!
May 17, 2012 5:18AM
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The real question is, why does Obama only give speeches to college students?

Do college students have decades invested in Social Security?
Do college students have homes being foreclosed upon?
Do college students have families to feed/clothe?

A vast MINORITY do, but the vast MAJORITY have no clue what the real world is like yet, they have been sitting in dorm rooms, and frat houses living off of student loans and attending the 4 hrs of classes a day.  They have no idea the economical fiasco awaiting them the second they walk off that stage with a diploma and $100,000 in student loan debt, with no job opportunities.......

Obama needs to step up and explain himself to the AMERICAN PEOPLE, not indoctrinated college students!

May 17, 2012 5:12AM
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Hi,

Governments and socialism dont  work , greece . italy  , spain , india  etc are  big examples  of how  useless governments are . Governments are all like  black  holes  , they will keep on sucking good money . Countries who have low tax and easy rules for business's prosper. 
May 17, 2012 5:11AM
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And of these 5, how many will pay higher taxes once the law is enacted......... NONE!

These "left leaning" billionaires will be jumping through the loopholes created for them and laughing their asses off as they do it!

How about Buffet pay the taxes he ALREADY OWES? 

May 17, 2012 3:28AM
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Buffett Rule, what a joke Warren is because here is an insider to both administrations who profited from buying preferred  stocks in banks he knew would receive taxpayer bailouts. Goldman Sachs, BOA,  Citi and more knowing his bets would be backed by government on banks being to big too fail. He still has yet to settle a $billion plus back taxes issue with the IRS on his Berkshire Hathaway company.

 

This fraud and political a$$ kisser can write a check anytime he wants to and pay what he owes besides contributing his 30% plus in taxes as he suggests. Buffett still takes dividend payments on his holdings instead of income to stay within the 15% tax bracket  avoiding the higher taxes he advocates. His secretary is still waiting for her boss to pay his fair share as she does.

 

Hypocrisy and politics from a "folksy and honest" tail that wags the dog.

May 17, 2012 2:25AM
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we need to stop the outsourcing of the jobs that pay for social security.anything over about 100k isnt taxed.the only thing that will bring the jobs back are tariffs.taxing the job exporters will help but not that much we simply must get our industrial base back and the excellent paying jobs associated with it
May 17, 2012 2:11AM
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well he can not take it with him , sorry  i thought he had a illness i hope he gets better , but hes up there in years  he should let the mothes out of his wallet lol,  he should pay taxes  he says he does  but not alot ,  im taxed  big time  we all should have the same chances as he does  pay very little  well all this will chage i hope  next year  with a new president  if we keep the one we got now we are doomed  just shut the market  down stop reporting on the rest of the world   rebuild the united states  an find out  what happenend to the money  for the bail out of the houses .
May 17, 2012 1:29AM
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Everyone in the country worth 300 thousand or more should be required to pay twenty thousand dollars cash on the budget deficit, and the amount of cash paid should go up for people who are worth more like four hundred thousand should pay twenty five thousand, 500,000 pay thirty thousand one million pay fifty thousand, then all banks, corporations, business on a sliding scale would pay fifty thousand up to A  billion dollars cash.

They could raise two trillion dollars over night, and the country would save at least four trillion dollars of interest money over ten years, this would get things back on track much faster, and the ones paying would get tax breaks to cover this over ten years, it would then justify leaving the Bush tax cuts in place for another two years, and give the congress time to reform the tax system without the pressure,  these people paying would not be going through any hardship by doing this, and they also would benefit greatly by it, also they should raise enough to fund infrastructure, and start rebuilding the infrastructure that needs repairs or replaced this will create jobs,  this could be done in a month to get the economy going, and instead of waiting ten years they could do it now and wait ten years for their tax breaks to get their money back that would be working together for the good of the nation!!!

May 17, 2012 12:59AM
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If I had a billion, why wouldn't I pay more taxes to help everyone with better roads and better schools and better police protections and on and on?  The tax system used to be more progressive and the country did just fine, even grew and grew.  Why not tax the multimillionaires and billionaires more?  The flat tax is not a good idea, it's a stupid idea generated by stupid and greedy people.  Gee, you can't get by on $500,000 a year.  I cry for you, NOT.  And, if you can't figure out your taxes, buy a copy of TurboTax.  It's about $45/year.  The amount of additional tax most of you MIGHT pay is a few thousand more on your (likely) less than $500K/yr is peanuts.  You probably believe you're a real patriot--but one who'd knife your grandmother for a buck.
May 17, 2012 12:44AM
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I'd like to know why so many seem to hate the government out there.  Chances are they're getting a lot of benefits from the government:  Social Security, if they qualify; Roads and road repairs that they use all the time, and think nothing of it; schools they probably send their kids to, even if the schools and the kids are not as good as they used to be; health care services, even if they lose their job and have to go to an emergency room; protection from bank robbers and terrorists and kidnappers; armed forces protection to keep the Russians, Chinese and French over there. 

Yeah, you don't very good service when you call--and there's probably 10-20% dead wood getting our tax monies, but don't forget you also get protection for clean water and air, but many probably just take that for granted.

So, government haters, get lost or go to China and see what you get for your money.

May 17, 2012 12:12AM
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Maybe I am a simpleton, so be it. Why  can't there be a flat income tax? the more you make, the more you pay. The truth is, the more you make, the more resources you use and it is called "income" tax, so why is this so complicated? A very wealthy "friend" of mine once said "I don't mind paying taxes if I am making more money, I don't care what the tax rate is, I would always rather earn more money and pay taxes"  I have not done the math but an example would be, everyone pays the same 15% to federal and 10% to their state, period. (like I said, I have not done the math, it's just an example) If you don't want to pay too much, shut the hell up, quit your job and fill out an application at McDonald's. If you want to work hard and climb the later, the more you make and the more resources you use, pay for them.......
May 16, 2012 11:21PM
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I would love to ask Buffett and Gates why they contribute so much money to the Gates Foundation and other charities if they think the government is a better steward of their money.  Clearly they don't.... 

We need to slash spending before we look to raising taxes.  If we slash spending, balance the budget (with a simplified tax code), and pass a Balanced Budget Amendment that requires the government to spend no more than it actually takes in during the previous year, I would support the Buffett Rule or any other tax increase that went directly to paying down debt and not to bloating the Federal Budget.  Once the debt gets to a reasonable range, the Buffett Rule and/or any other tax increase goes away....
May 16, 2012 11:07PM
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No one can stop them from taking out their checkbooks and writing out  a check to the IRS,Then they can be heros and SHUT UP,
May 16, 2012 10:59PM
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bigdawggie,  i'm not sure you have any idea what FARE share is.

Why can't you beggers just ask'd WHY am I paying HIGHER taxes

Instead of asking the questing WHY CAN'T my fare share be 15%

just like theirs. It looks like anyone paying more than 15% is paying way to hell over their fare share.  So tell me is a fare share where everyone pays the same??  if so, then why don't you and all you other MIS-INFORMED lobby for a cross the board FARE SHARE of 15% for evryone?

the so called rich own the businesses  Mfg"s..  Guess what?... they will just raise the price on everything you buy.  When they pay more . YOU pay more. Now you are paying their higher fare share taxes.  what a problem solver you are

May 16, 2012 10:51PM
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why don't these guys just pay more? there is nothing stopping them from doing that. I'm tired of not having any money left over for anything, I work hard pay taxes and the government takes it and spends a lot of it on programs that just don't work.

 

We need freedom from the Tyranny that we are seeing. Let the Libertarians rise!

May 16, 2012 10:36PM
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You can stop the BULL _ _ _ _ this country is in YOU are the employers.

start fireing people.  don't re-elect anyone, think about it,?

don't worry about experience.   thats what  put you in the mess we are in?  D. C.  current

DEM. or REP.  they must go.    Can you really say that you are better off today than you were four years ago???

How much does gas cost today?  How much of a raise in pay have you had during the past four years?  what about your food cost? clothes? How much money is left in your pocket  after you pay what you have to?  I'll bet its far less than four years ago.  Oh!  stop just talking to your neighbors, or talk radio station, or co-workers,  that does nothing.

May 16, 2012 10:26PM
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Why is it that some wanna be millionares/billionares back this b/s of not paying your fare share. EVERYONE...THE VAST MAJORITY DOES NOT MAKE IT TO THIS ECONOMIC STRATUS. We all are not going to make it to the NBA, MLB, NFL, Reality Show, Rock Star status. Some of us will make it as doctors, lawyers, and Indian Chiefs (whom the vast majority make great livings), but are not millionares.

It is called "The American Dream". What part of DREAM don't you understand.

Hit the lotto; look at the odds.

Bottom line if you got it or do get it you should pay again YOUR FARE SHARE. You should not pay a lower rate than someone making forty or 50K a year. 

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