Warren Buffett: Read My Lips, Raise My Taxes

[Geraldo23chief]

Write a check and shutup you phoney.

[RedPaladin]

This guy likes DQ so much he bought it. :)

[falcondriver100]

Fuck this lying hypocrite POS! He's been fighting a court case brought by the IRS for over a year now b/c he owes back taxes & doesn't want to pay it! ALso, half his money is in Europe. And Warren, pull out your checkbook & write the IRS a check. They'll accept it!

Typical full of shit, liberal liar. The reason Obama crushed the Canadian pipeline is because this asshole told him to! It would take money from his railroad!

[sensur1]

@falcondriver100

source please

[donatshabani]

@falcondriver100 He is more off a progressive than Liberal. If liberal means higher taxes then Obama have not been doing such a good job on being liberal. And you sound just like one of those americans form the south with that funny accent ''GODDAMM LIBERALS'' LOL!

[falcondriver100]

@donatshabani May I suggest that before you come on youtube & try to insult someone, you learn how to spell first? "more off a prgressive"? "then Obama"? "have not been doing"? "form the south"? GODDAMM"? Lmao!!

EPIC FAIL!

[donatshabani]

@falcondriver100 idiot lol

[falcondriver100]

@donatshabani Yeah you are! LMAO!

[TheMadCrumpet]

Read my lips. Stop wasting my fucking tax money on worthless shit and bullshit welfare. I would be fine giving taxes to a government that wasn't so fucking corrupt. That didn't piss all the money away killing goat herders in Afghanistan. That didn't take my money and then give it out to other companies who lobbied them. Maybe if it stopped regulating the fuck out of everything to destroy jobs and force them to China. Thank God I got wealthy when I did, because the American dream is long dead.

[skuzzkitty]

@TheMadCrumpet I'm glad you mentioned welfare. I'm not racist or anything, but banks are lazy and irresponsible, and the government needs to stop paying them so much money. If they can't cut it in the real world, let em die!

[ukcharlie73]

Love Buffet. He's rich (hats off) but not an asshole.

[hulksmash7171joe]

It's idiots like this (the people commenting negatively) that will keep this beautiful country in the hole that it's in....Mr. Buffett, I salute you

[deeppurple28]

2 Hedge fund cock munchers clicked dislike!

[auu2009]

Mrs Warren buffett,you are my hero.you are smart kind,with a big heart.hard to find someone like you in this world today.

[ohioiran122]

As long as republicans control the house, Its not going to happened.

[BErectus]

Warren, I understand you're worth ~ $39B. By all means, please immediately go ahead and send in a check for what you think is your fair share. Just go right ahead and send it on in to the IRS. I guarantee they won't reject it. Go ahead and send it in. I'll be watching to make sure you don't forget. Believe me ... I'll be watching. Send it in. Now. Go ahead. Send it. Now! Send it in, Warren! Send it now! Send it!!! SEND IT!!! SEND IT NOW, WARREN!!! SEND IT!!! SEND IT IN NOW!!!

[MUDSHARK111]

@BErectus this is such an empty pathetic argument perpetuated by the right wing shit heads at fox . all of warrens wealth will not knock a dent in Americas problems and within weeks even the tiny effect it had will evaporate .the problem of disparity in your society needs to be addressed for the long term and that is the point .but if you asked me personally to give more? my answer would be yes, providing every one who can afford it will i am up for it .but just me? whats the point?

[BErectus]

@MUDSHARK111 It's not an argument, it's an invitation ... an invitation to put his money where his big mouth is. There will always be "disparity" in society. But, if you would like to help reduce that disparity I suggest you join Warren and SEND IN MORE MONEY, MUDSHARK. Write a nice big fat check and SEND IT IN to your favorite anti-fox fascist government shithead slave master. Go ahead, you moron - SEND IN YOUR WEALTH! SEND IT! SEND IT NOW!!! The point is for YOU TO SUPPORT ME!!! NOW!!

[MUDSHARK111]

@BErectus its true what they say you cant educate pork .distasteful and obtuse and a waste of my time .

[123BlueKnight]

@BErectus

He pledged to give away 99% of his wealth to charity moron. How about you Google him before trolling in the comments section?

[BErectus]

@123BlueKnight Show me the check, pinhead. In the meantime, keep your worthless pie hole SHUT!!!

[FortNikitaBullion]

The solution is to tax consumption while cutting taxes on investments and incomes. Tax the yachts and big mansions and SUV's that these rich people will buy anyway. Encourage people to do the right thing and make wise investment decisions.

[bypass3421]

@FiendsInRedSatin1 You are a troll. He isn't saying taxing on cooperates, but on individuals, especially the people who are rich like Warren Buffett.

[hashpuppy101]

As long as we continue irresponsible spending as families and individuals, our countries will continue to bleed. If we decide to not borrow for a whole year, cut back on the flabby expenditure for three years and save up and indeed spend from our savings, we would get our countries out of trouble, there will be a higher alignment of financial institutions and the masses and they wdnt ever talk us into the mess we are in today. in short,lets stop chasing the easy life and get our hands dirty.

[FiendsInRedSatin1]

Anyone else think it's interesting that Buffet's company owes back taxes all the way back to 2002? Yep, the same guy who thinks (or so he claims) he doesn't pay enough in taxes and yet his company can't seem to pay the taxes it already owes in timely manner.

[jrwel14]

No matter how hard the do not tax the rich people try. What Buffet said makes sense.

[mike1111qq]

@jrwel14 How Much is Buffett’s Berkshire Hathaway Back-Tax Bill Exactly? About $1 Billion

[jrwel14]

@mike1111qq So? What he said still makes sense. No matter how hard people like you try. Tax cuts is what got us into this mess.

[whyshouldiworrynow]

You don't pay taxes on your earnings until you pull it out.

[whyshouldiworrynow]

He's talking about their personal yearly salaries. Listen to ways he says.

[FiendsInRedSatin1]

Money that is invested doesn't go into a mattress somewhere. It is invested in (for example) a company which allows for hiring and expansion. Less investment means less money for hiring and expansion.

If Buffet truly believes he doesn't pay enough in taxes, then let him pay whatever he feels is appropriate on top of what he pays now. He has yet to do it because he's a hypocrite.

[whyshouldiworrynow]

Did you actually here his interviews? He's talking about people who live on investments! They don't create jobs! They don't pay employment taxes! They don't pay the % their maids do!

[whyshouldiworrynow]

Warren Buffet and others like him don't create Jobs or pay employment taxes. That what his point was. Did you hear his full interview? He plays less % in taxes than his maid. He says the ones who are investors only all do. He's talking about them only. Listen again!!!

[whyshouldiworrynow]

How did the greedy become the good guy and the one who cares for his neighbor become the bad guy.

[whyshouldiworrynow]

Here is a man that gave 80% of his money (31 billion) to charity in 2006 to help with global health. He bought his 1st stock with paper route money. He knows what poor means. He feels he should pay the same % as me. Wow, what a dog!! Tear him up!! I don't have time. Need to use it to work on my budget in order to survive.

[WildlyOptimistic1]

Wow, let's not control our spending, NOoooooooooooooooooooo, just increase taxes. Brilliant idea & completely stupid.

[tathman]

@FriendsInRedSatin1 The economic downturn began years before Obama took office. The seeds were already sown by Bush II. In order to save the country from further collapse, Obama, as presidents have done in the past, issued an economic stimulus package. Unfortunately for Obama, the amount needed to curb the decline was an astronomical amount, reflecting the crippling condition left by his predecessor. 'Obamacare' had absolutely nothing to do with the crisis. he is fixing the problem as we speak.

[FiendsInRedSatin1]

@tathman I know that Obama inherited the downturn. However, Obama got everything he wanted. (Recall that he had super majorities in both houses of Congress including a fillibuster-proof majority in the Senate.) After all of that spending, what do we have? A very weak economy with over 9% unemployed and very low GDP on top of a crippling deficit with a downgrade of our credit. The reason why we've not bounced back is directly related to Obamacare and the huge bills he's racking up now.

[tathman]

@FriendsInRedSatin1 I love how your first reason was "Obamacare" even though it is not even being enacted yet and has therefore no impact on the current economic situation. Furthermore, the runaway spending of the government is directly attributable to the 8 George W. Bush years, which saw outlandish spending with no plan for how to pay for all of it. Just dump the problem on the next guy... such is the mindset of our current Republican party. Make a problem, and then blame others for it.

[FiendsInRedSatin1]

@tathman Obamacare is on the horizon, and all businessmen and investors know it. If they know they're going to be out more money, that's going to impact expansions and investments right now. I'm not defending Bush II on spending. However, Obama has now exceeded Bush II in the deficits. Furthermore, I didn't see Obama coming up with any plan to pay for any of his extra spending. It's not a proper plan of action to double down on what the last guy did wrong and try to blame him for it.

[tathman]

@FriendsInRedSatin1 the issue is not whether taxes should be raised on the common people and the poor, but whether they should be raised on the extremely rich. Not allowing congress to increase taxes on the super rich extends the length of the recession and makes it appear as though Obama is unable to bring us out of it. basically, to make him look bad, so we will elect another republican. we suffer so they can be back on top. they do this to stifle the rebuilding of america for THEIR gain.

[FiendsInRedSatin1]

@tathman the reason why the economy is suffering is because of 1) Obamacare and the high costs which will be coming with it and 2) the runaway spending of the govt. which businesses and investors rightfully fear will lead to higher taxes. That's causing money to be sat upon. Jacking up taxes now would take more money from the private economy and make it even less likely that jobs will be created.  It also could push us back into recession or worse. Hoover hiked taxes, and it was a disaster.

[mrramsook]

koch brother dislike this video along with mayor bloomberg

[3dartistguy]

But seriously, Im really waiting on my check from Warren Buffet since he says he doesn't pay enough in taxes...he can just cut me a check for a billion dollars and than i can be financially secure for the rest of my life and I build my flying saucer house in Florida where I can go retire...I want my check Warren...PLEASE SEND ME MY MONEY...I WANT MY FAIR SHARE WARREN...PLEASE SEND ME MONEY WARREN...

[tathman]

@3dartistguy out looking for handouts.... looking for his ticket to 'easy street' for doing nothing at all. and then you could continue to collect your unemployment benefits as well and really stick it to the rest of us taxpayers! and you could continue to contribute nothing to society! =D

[seralunaria]

@3dartistguy you're an idiot. Stop looking for handouts and start working towards a better future. Warren Buffet is one of many super rich, and although he is not being taxed enough he does already contribute alot to charities. We do need to start taxing the super rich, even if it's equal percentage through out the "classes" that way we can stop our dependencies on other countries!

[3dartistguy]

you're the Idiot since you obviously don;t understand sarcasm...IM NOT LOOKING FOR A HANDOUT...however, if Warrent Buffet doesn't think he pays enough, he can just give me all his money away to me...that way he can feel that he's being taxed enough...again, im not looking for handout, but again, if Mr Buffet doesn't tjhink he's paying enough, he can give it all away by sending me a check. i'll know he's not really serious when I don't receive my check in the mail from him.

[tathman]

people who think that tax cuts create more jobs are seriously disillusioned. there is no causal link between the policies of Reagan and the increase in jobs. America was primed for it at the time, so it happened. It was part of a much larger economic and social trend. It's like blaming Obama for the recession. pure lack of reason and awareness. a man eats a hot dog and it suddenly begins to rain and then he believes that eating hot dogs causes rain to fall from the sky. SAME EXACT LOGIC.

[FiendsInRedSatin1]

@tathman that tax cuts generate economic activity isn't difficult to understand. If people have more money, they will spend it, invest it, put in the bank, etc. which will generate economic activity and create jobs. It happened under JFK, under Reagan, and under Bush II.

I don't know of anyone blaming the recession on Obama, but he certainly has made it worse and has made it last longer than it should have through his policies (Obamacare, record deficits, etc.).

[3dartistguy]

mr buffet is nothing but a political HACK for Obama...Buffet supported him. If Mr Buffett wants to give away all his money, he can deposit it all into MY bank account....I could use the money. When Reagan cut taxes, it created 21 million jobs. Its that simple. Come on Mr Buffet, please give me your money if you think you are making too much money...I will gladly accept it from you.

[jrwel14]

@3dartistguy You sound like a paid GOP fool! Reagan's biggest regret was the huge debt he gave the Country. Google it. He had to raise taxes several times to keep the country out of trouble. He increased gov't jobs more than Clinton. Clinton decreased gov't jobs. Reagan extended Social Security . Reagan asked to raised the debt ceiling 17 times! Reagan increased the debt as much as the others did in 200 years of the country. Trickle Down was a lie so people woud accept tax cuts for the rich..

[3dartistguy]

yOU mean COngress, the Spendocratic congress is what controlls spending...obviously they spent more to put this country into debt like all good tax and spend Spendocrats. Trickle Down wasn't a lie. It produced 21 million jobs because of Reagan's tax cuts. When HW Bush raised taxes in 1990 thats when the economy slumped and he did so because the Spendocrats wanted him to do so they would agree to what he wanted, support for the war. JFK was tax cutter too which created jobs...

[jrwel14]

@3dartistguy Trickle down was a lie. Have seen several Comments from Reagan's people that said so. You must be a paid GOP stooge. THe Republicans have raised the debt more, increased unemployment rates more. And, spent as much if not more than the Dems. Sarah Palin likes to echo Truman. What did Truman say? "If, you want to live like a Republican. Then, VOTE DEMOCRAT!

[3dartistguy]

I wiush I was a paid stooge even though JFK cut taxes to spur the economuy, just like Reagan who also created 21 million jobs with his tax cuts and the spendocrats make us scramble for the change that they leave us after they've taken away the majority of our money so they can redistribute it to welfare queens with their five to six children that they have so they can sponge off the system instead of getting real jobs...Im still waiting on my check warren so I can build my spaceship house!

[jrwel14]

@3dartistguy maybe you aren't a stooge. but, you are an idiot.

Funny how so many "average people" think they know more about the wealthy than those likeBuffet. He's not the only super rich to say tax me.As predicted, Reagan's massive $749 billion supply-side tax cuts in 1981 quickly produced even more massive annual budget deficits. Combined with his rapid increase in defense spending, Reagan delivered not the balanced budgets he promised, but record-settings deficits

[3dartistguy]

but Reagan created more than 21 million jobs during his presidency...people were working UNLIKE NOW. and maybe just maybe the defict was caused by the Spendocrats in the HOUSE and Senate who controlled Congress back then and just insisted on spending more than we were taking in...Reagan gave them high employment and the Spendocrats in Congress gave us huge deficits...how nice of them to do that...even JFK cut taxes to spur economic growth in the 1960s which put people back to work...

[califbozo]

DEAR RUSH---I'll feel sorry for the rich paying taxes as soon as they become my neighbors in the trailer park

[FiendsInRedSatin1]

Buffet is a liar. Tax cuts did work. Check out the economic growth rates from after the Bush II tax cuts went into effect.

Buffet, why don't you lead by example AND WRITE A CHECK TO THE GOVT. RIGHT NOW.

[jrwel14]

@FiendsInRedSatin1 All that tax cuts did was to make the rich richer. The problem is. Too many average people have been lied to by Conservatives for so long. That when a billionaire like Buffet speaks the truth. People don't believe him. Clinton had 39% rates and had a surplus. Bush cut taxes to 35% and had a huge debt. He doubled the debt. Look up presidential debt. Or, debt per president.

[FiendsInRedSatin1]

@jrwel14 Buffet is a liar who loves to get attention, nothing more. All a person has to do to see that is to see the growth rates after the Bush II tax cuts went into effect. The reason why growth is generated is because people will put their money into the economy one way or the other.

The reason why Clinton had a surplus at the end of the 1990's was because of 1) a GOP Congress that held him to some fiscal responsibility and 2) the tech bubble boom.

Let Buffet write a check now.

[jrwel14]

@FiendsInRedSatin1 Buffet knows the truth. The problem is YOU nuts won't accept it no matter what. Clinton had a surplus because he had 39% rates and pay as you go. Bush had a cut taxes to 35% and BORROW FROM CHINA! Bet you will blame the Lierals for the depression! LOL! With a GOP President and controlling BOTH houses!

[FiendsInRedSatin1]

@jrwel14 Buffet is a liar and a grandstanding one at that. If he's so adamant about needing to pay more taxes, then why doesn't he write out a check right now?

Clinton had a surplus because he had to deal with a GOP Congress adamant on making spending cuts. Clinton's proposed budgets up to that point in late 1994 NEVER BALANCED. Furthermore, there was the tech bubble which spurred growth. When the bubble popped, the economy went down into recession.

[FiendsInRedSatin1]

@jrwel14 as far as the Great Depression goes, I blame those who ought to have known better making a recession into a depression. How did they do it? Passing protectionist legislation (Smoot-Hawley) which exposed the U.S. to counter legislation around the world and hiking taxes. Then FDR started spending massively and still high unemployment lingered.

If we need jobs (and everyone says we do), how is taking more money out of the private economy going to create those jobs?

[jrwel14]

@FiendsInRedSatin1 Smoot hawley. No matter what Bachmann said. They were BOTH Republicans. Even The Murdoch own Wall Street Journal said that if Obama had NOT extended the Bush tax cuts. We would have 2 trillion more to help pay the debt. If, you really did your research. You would find what I did. Low taxes never created jobs. And, Clinton's surplus. Last time the GOP had a balanced budget was in 1956. With 91% rates and the Federal Highway act being enacted.

[FiendsInRedSatin1]

@jrwel14 hiking up taxes now in the middle of a bad economy could very well push the economy back into recession or worse. (Hoover did that back in the day, and look how well that turned out.) Hiking taxes would cause lower spending which would lower the demand for goods. That would lead to more jobs being shed which would, in turn, actually lower tax revenues going to the govt. Depressed economies aren't cash cows. Tax cuts do create jobs through more spending, investment, etc.

[jrwel14]

@FiendsInRedSatin1 You must be one of the rich who profits from the lies. Or, one that is brainwashed by the wealthy. Buffet said that low taxes doesn't create jobs. As, Buffet said, They don't look at how much they will be taxed. But, how much they will make. Funny the arrogance that people have. That they say they know more about the rich and taxes than someone like Buffet.

[FiendsInRedSatin1]

@jrwel14 I'm not wealthy, but it wouldn't make a difference if I were. What I'm saying is true.

So no one wealthy ever lies about anything for attention? That's what you're saying.

What's funny is Buffet screaming about not paying enough in taxes and yet he fails to write out a check to the govt. What's funny is that he doesn't have an answer why taking more money from the private sector will generate job growth there. If you can answer those questions, please do.

[jrwel14]

@FiendsInRedSatin1 what's funny is that you want people to feel that you know more about Billionaires and Taxes than Buffet. Of, course the wealthy lies. How do you think they got people like you to believe their BS.

Have us pay little taxes and it will trickle down. Give you peons jobs." He did answer your question. He said the rich never ask how much will they be taxed. But, how much they will make. So, next time, LISTEN! Having a discussion with those who know little, (YOU) is a waste.

[FiendsInRedSatin1]

@jrwel14 what's funny is that you admit that the wealthy can lie and yet you don't think Buffet is capable of it. All he is is a grandstander who will say anything to win attention.

I ask again, if Buffet thinks he pays too little in taxes, why does he not write a check now to the Feds?

I ask again, if we need jobs (and everyone says we do), how is taking more money from the private sector going to generate jobs there?

[jrwel14]

@FiendsInRedSatin1 The fact is. If Buffet would lie. He would say what would be in his favor. Not against him. When someone like Buffet says something about the super wealthy and taxes. People would rather believe him.Than anobody like you. Income wise. I say again, Low taxes have never created more jobs. It was never meant to. When taxes were at their lowest. The gap between the wealthy and the middle class was at it's greatest. Pre depression at 25% and now at 35%.

[FiendsInRedSatin1]

@jrwel14 Buffet loves attention, and that's what he's getting when he says the nonsense he said in this video. If he truly believed he wasn't paying enough, he'd be writing a check to Uncle Sam right now....and yet he doesn't. Why is that?

Low taxes let people to put their money to work in the way they want. That includes putting in the bank, spending it, and investing it. Investing it allows businessed to expand and hire. Spending increases demand which also leads to hiring.

[FiendsInRedSatin1]

@jrwel14I'd also like to know how taking more money from the private sector is going to make more jobs there.

[jrwel14]

@FiendsInRedSatin1 Instead of wasting my time. Ask Buffet. You want to feel that you know more about making money than he does. Sound like a plumber. Stating that he knows more about medicine than his doctor. Bet, you would make that claim, as well. LOL!

[FiendsInRedSatin1]

@jrwel14 you're defending him which (I assume) is because you understand his reasoning and agree with it. Given that, you ought to be able to answer simple questions relating to his position.

Unless he writes a check to the Feds for taxes he believes he needs to pay, he's a hypocrite.

Given he wants more money taken from the private sector in the form of proposed taxes, how does that make jobs being created more likely in the private sector? The answer is it doesn't.

[jrwel14]

@FiendsInRedSatin1 He isn't a hypocrite because he wants to put tax burdeb on himself. The REAL answer is that taxes have NEVER helped jobs! PERIOD! Maybe you feel the average guy should pay all the taxes. As, Leona Helmsley said, Taxes are for the little people." You are the arrogant. Since you seem to feel you know more about this subject than he does.

[FiendsInRedSatin1]

@jrwel14 it's common sense that if people have more money, they will spend it, invest it, put it in the bank, etc. which will lead to economic growth and hiring. Taking away money from the people will make it less likely, not more, that money will be invested, spent, etc. because there's less of it for the people. It's that simiple.

Buffet is a hypocrite because he thinks he doesn't pay enough taxes, but he doesn't write out a check to the govt. If he seriously thought that, he'd pay.

[jrwel14]

@FiendsInRedSatin1 It's common sense that when taxes are low, they keep it. History has PROVED you wrong. No matter how hard you TRY to say that you know more than those like Buffet. If, that was the case. Then, why aren't you rich like him. He KNOWS the system, you just think you do. Taxes haven't been this low in years. So, where are the jobs? Corporations have tons of money.

[FiendsInRedSatin1]

@jrwel14 if Buffet is serious, then why doesn't he write out a check right now? He won't because he's a hypocrite.

The reason why jobs are lagging is because business owners and investors are afraid of 1) the costs of Obamacare and 2) the runaway spending of the Feds which many fear will lead to higher taxes. (Keep in mind, we're talking about jacking up taxes right now so that has come to pass.) So thus many are sitting on their cash and not expanding businesses or investing more.

[jrwel14]

@FiendsInRedSatin1 The fact that you don't know what Buffet does. And, you think you know more than someone like him. Whose history shows that he knows what he is talking about. You THINK you do. shows how stupid this whole thing is.

[FiendsInRedSatin1]

@jrwel14 the fact is I know when something doesn't pass the common sense test. This doesn't.

I hate to keep repeating myself, but it's an important point. If Buffet truly thinks that he doesn't pay enough in taxes, then why does he not write out a check for the amount he thinks he should pay right now? It's not hard to do, and it would make sense for him to do it if he truly thought he didn't pay enough in taxes. And yet he doesn't do it. Do you have an explanation as to why that is?

[jrwel14]

@FiendsInRedSatin1 Then, you make more than Buffet. You don't? Then, you just think you know more.

[FiendsInRedSatin1]

@jrwel14 when Buffet says things that are clearly nonsensical, yes, I do. When he refuses to put his money where his mouth is by writing a check to Uncle Sam, that shows even he doesn't believe the nonsense he says.

[jrwel14]

@FiendsInRedSatin1 When you make just 1 third of what he does. Then, people will listen to you. Otherwise, it's a waste of time. Your the plumber who tells people that he knows more about medicine than a doctor does.

[FiendsInRedSatin1]

@jrwel14 if you can't explain Buffet's reasoning, then you really ought to be careful about believing everything he says. If he says, "Everyone ought to drive Ford cars," and yet he has a fleet of everything BUT Ford cars, that says volumes.

[jrwel14]

@FiendsInRedSatin1 He said no such thing. he said to raise taxes on people like him. As, he said. The rich will say anything to get what they want. The problem with YOU. Is that you don't come close to Buffet. But, you have an arrogant attitude .

[FiendsInRedSatin1]

@jrwel14 when he says to raise taxes on people like himself but he doesn't do the easy thing and just write out a check govt. for whatever he feels he owes, then that sends up a red flag. All it says to me is he likes the attention. When it comes time to put his money where his mouth is, he won't do it.

As I said earlier, if you cannot explain Buffet's reasoning (and at this point it's obvious you can't), then you shouldn't just believe everything he says.

[trueconservatie33]

@ read this IRS is going after warren buffett, hes not payin tax

[jrwel14]

@trueconservatie33 So? Most don't.

[trueconservatie33]

@jrwel14 exactly, Billionnairea have an army of accountants and lawyers, and he want the so called "rich", which makes 200,000 or more to pay taxes. 

[jrwel14]

@trueconservatie33 Buffet said anyone over 1 million to pay more. The fact is whether he is being looked at by the IRS or not. Conservatives say that the top 2-5% pay most of the taxes. But, leave out the fact that they are making far more money. The Gap between the rich and the middle calss is getting bigger. Pre depression days, the top 1% made 24% of the income. Between the early 1950s and the 1980s, they made 8-10%. Now, they make 23%. So, what he said is fact.( Part one)

[jrwel14]

@jrwel14 (Part two) The people like him are being taxed less. Pre-depression days they were taxed at 25% and made 24% of the income. Then from about 1953 to in the 1980s. due to programs like the GI bill and others that made it possible for more to get a better education. The top % made 8-10%. Now, with taxes at 35% the third lowest, they make 23%. So, GO BUFFET!

[trueconservatie33]

@jrwel14 yeah thats because of technology boom and most important of all our federal reserve system, the rich knows how to manipulate inflation for their gains. Warren Buffet want death penalty abolished because he can buy all the small businesses

[jrwel14]

@trueconservatie33 When taxes were higher, the super rich made less of the income.

[vechorik]

Stop the waste and stupid-spending first. Then close tax loopholes. Then, if the US must have new revenue, get millionaires off government benefits of any kind: farm subsidies, VA, Social Security, Medicare, green energy......then we'll talk about a national sales tax to get some money from crooks/illegals.........then talk about raising taxes after those things have been taken care of.

[whyshouldiworrynow]

Warren Buffet is my hero!!

[FilmingforPonceinlet]

@whyshouldiworrynow get more heros

[k3304]

Warren , just write the check and shut the f--k up

[TrainedPwner]

@k3304 You completely just missed the fucking point.

[k3304]

@TrainedPwner , whats the point ? praise Warren for being such a great guy ? watch him tap dance for attention ? he can give his money whenever and wherever he wants. just dont tell me about it. im not impressed !

[k3304]

who ever said the rich have common sense ?

[MrChadgerald]

Warren Buffett is amazing! dont call him a tool!

[k3304]

@MrChadgerald , Warren should write the check and shut the f--k up

[jrwel14]

@k3304 Funny how average people think they know more about this subject than someone like Buffet.

[effep]

@jrwel14 agreed....average people (for example - the INTERVIEWER) are clueless about economics. What Buffet sat there saying to her she didnt even understand.

Its just hilarious to see laymens retards become such tools for their masters that - while being oppressed and made to work off their masters riches, actually are so stupid and gullible that they support whatever issues their masters tell them to.

Slavery hasnt been abolished, it just changed form: capitalism.

[kiknarse]

Face people. Create a fake company and see how much FREE stuff you get. These people get so much free shiet that they don't even need to spend their $.

Try it if you don't believe me.

While all us poor people (you might still be niave enough to think you're middle class) are paying super high taxes and loan rates these rich folks are getting super low rates.

Who's stupid enough to still wonder why we're in the recession?

[derfred123]

When he writes out a check for the amount he says he should be taxed then I'll start to have some belief that this tool actually believes what he is saying. He's a vulture who has made a huge chunk of his money by buying businesses that are going under due to inheritance taxes and therefore has a vested interest in the highest inheritance taxes but at the same time he has set up foundations for his children to shelter them from having to pay inheritance taxes on what he leaves them...

[Drahthaar422]

@derfred123 Bingo. He can just write a check for whatever amount will make him feel less guilty.

[DerekP925]

@derfred123 In 2006 Warren Buffet pledged $30 billion over ten years to the Bill & Melinda Gates Foundation to fight Global Poverty and disease. In essence giving the Foundation $3 billion annually every year the couple is alive, over 25% of the United Nations budget. To go beyond that 4 years later, and state there needs to be a raise in capital gains taxes, means to switch from from a greater focus on income taxes so you pay less taxes, and the rich pay more.

[buba132]

this guys is a genies