Buffett on Taxes
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All Comments (18)
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Hyper-billionaires are Democrats (Buffet, Page, Gates...)
New Rich millionaires are Republicans
Urban middle/high classes are Democrats
Rural low/middle classes are Republicans.
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Income tax was that high to fund wars, from WWI to Vietnam. Do you think there was no prosperity in USA before federal income tax was created in 1913? In most Europeans countries, even the most "socialist" ones, it is below 50%
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LoL, my bad. Thanks
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eightbitgnosis: fixed dollar investments
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6 dollar investments?
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and no i'm not giving credit to buffet he's made investments contradictory to his own advise.. all of a sudden he's on ron paul's inflation bandwagon warning against the value of the us dollar.. so what was all the previous months of cheering on cnbc for government policy about?
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pfft.. i understood it the first time i heard it.. ron paul and his economists had been saying this decades ago although i only just got a chance to listen to it last year.
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Hes an incredibly intelligent person so honestly hes a bit hard to grasp. I had to listen to it a couple times to get what i think he was saying. It sounded like he was saying if raise the deficit and look outside the country to finance it our dollar wont be worth crap. We need to finance it within the country to avoid it which ofcorse appears hes in support of paying for it with our own money/taxes.
Finally he speaks the truth
NotAnotherPlatformer 2 years ago 3
yes exactly tecnohunk, all of a sudden he thinks he's doing some kind of correct analysis irrelevant to all his earlier investment/political decisions.
spyletu 2 years ago