Warren Buffett Telling the TRUTH!!

This clip comes from the documentary I.O.U.S.A. Warren speaks of what nobody on WALL STREET or the REPUBLICAN PARTY wants you to know or hear. We as Americans should be outraged at the amount of misinformation we are fed. TAX CUTS CREATE JOBS!!! That's a lie and Warren just told you that in this video.

Category:

Education

Tags:

• Government
• Taxes
• Warren Buffett
• Wall Street
• GOP economic philosophy

[Tdriver1205]

@ddstar I'm a Teddy Roosevelt Bullmoose Progressive.. Look it up, read his speech at the 1918 Progressive Convention. You might like it..

[Tdriver1205]

Ok for any and all new viewers of this video, the point being made in this video is simple. Raising Capital gains will have no impact upon investment. The "Rightwing Talking Point" is simple you can't raise taxes on the supposed "Job Creators" A master investor like Warren Buffet is aware of this fact. He,along with many others, have made money in all different tax rates. 15% is just to DAMN LOW!!! Wars,Education,Infrastructure COST MONEY. We of the INCOME EARNING CLASS can't pay for it all !!!!

[frankz00]

@Tdriver1205 No. The real bullshit mantra is believing that the money goes to helping more people than killing through war.

[Tdriver1205]

@frankz00 That you will not get an argument from me. But again you change topics. Stick with the videos message. Capital gains rate and investment in the economy. That's what this video is about and nothing more. One issue at a time please. A poor country is not a superpower, and a destroyed middle class is not democracy.

[bonzelite]

0% of income taxes collected by IRS pays for any government programs of any kind; it only services the national debt/interest charged to the Treasury by the Federal Reserve. Income tax pays for ZERO.

[Tdriver1205]

@bonzelite where did you find that??

[Tdriver1205]

@tr77777

Your not complaining because your patriotic and understand that your taxes actually benefits you and your economy and fellow countrymen. Here in the U.S.A. we've been taught to hate government and to be bunch of selfish douchebags

[tr77777]

I never understood why a country like America with all its debt concerns doesnt increase taxes, even if simply for a set timeframe to get debt under control. My marginal tax rate in Australia is 45% and not complaining.

[planetcave]

@skaha65 Your mentality is what's wrong with America. I guess you would consider a bank robber or purse snatcher or crack dealer successful if they had obtained some wealth and didn't get caught while doing the act. Buffet is no different, only morons like yourself buy into his nonsense and put these market thieves on such a high pedestal.

[peacewalker7]

I agree with this but what about debt based monetary system and the government owing money to the higher financial institutions right from the get go? What about the cost of wars and so much other nonsense? I had no idea the tax code was longer than the bible or that each line has an interest group behind it. Crazy. reality is stranger than fiction. Blessed are the poor for theirs is the kingdom of heaven. Woe unto the rich, for they have had their fill!

[skaha65]

He gives away billions to worthy causes. yet people trash him. Because he is rich.. If he was materialistic, he could live in Beverly hills, and own 5 different cars; but he's lived in the same house in Omaha for over 40 years. common sense goes a long way. he has a ton of it.

[skaha65]

@planetcave OOH how the losers hate them who are successful.

[fuzziruggi]

his lips aren't moving

[ddstar]

@Tdriver1205 Warren doesn't pay the lowest taxes. He is the owner of berkshire. his money is taxed through berkshire. He pays MILLIONS.

[ddstar]

@Tdriver1205 Ok left wing socialist.

[planetcave]

Warren Buffet is a Goldman Sach's nadlicker. I'd throw that cheap prick out of my restaurant any day of the week. He can take his 10 percent tip and stick it up his geriatric backside. He's just another financial parasite that has used insider trading advantage to hoard and control strategic income-producing assets. I've never bought another box of See's Candie after that money grubber took over the assets. Boycott all Buffet businesses until the old goat croaks.

[mikejpete]

Warren Buffet and what he did with Berkshire Hathaway, inspires me to believe that you can be a success without becoming Gordon Gekko