Quote:
Originally posted by theking
I saw Warren Buffet (multi billionaire) speak on TV about President Bush's tax cuts and he was against them. He stated that the tax cuts were totally unfair as he would receive a benefit of several hundred million dollars over a period of time from the tax cuts and his personal secretary would receive a token amount even though she paid a higher percentage in taxes on the income that he paid her every year than he...being a multi billionaire pays percentage wise in taxes every year. He said that he pays about three percent in taxes compared to her thirty percent or so. In addition he said that the several hundred million that he would receive from the tax cuts would basically not create a single job...as it would simply go into investment accounts.
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Anyone can trot out a half whit has been who has the wrong opinion on something. Look at Soros, a billionaire who now fears capitalism.
If the handful of multi billionaires want to put their money where their mouth is, I won't stop them. Typically however, they're all mouth (gets them and their fund noticed)
Millionaires in America are workers. Workers who excel over and above what is average. Penalizing them hurts society.
It's so simple yet the dumb can't wrap their feeble minds around it.
When our kids are in school, do we penalize our "A" students because others can only do "C" work or do we reward our "A" students for their hard work?
Our society succeeds because of its brightest and most productive. Taking away their incentive will destroy the America we know.