Bad idea...

userque · Oct 13, 2020

PintoFire said:
Actually that's not true. Read "Rich Dad Poor Dad." The author even admits the rich don't want to pay taxes. Which everyone already knows. That's why the ultra-wealthy put their money into offshore accounts and so on. People are free to believe what they want though.

Actually, it is true; and you are free to believe whatever you want.

[VIDEO]
Warren Buffett and Bill Gates agree that the rich should pay higher taxes—here’s what they suggest
https://www.cnbc.com/2019/02/25/warren-buffett-and-bill-gates-the-rich-should-pay-higher-taxes.html#:~:text=Warren Buffett: We should raise,t make them flee...&text=Warren Buffett doesn't think,“Squawk Box” on Monday.

Bugenhagen · Oct 13, 2020

Market_Diver said:
1. You blamed Trump for being smart during his business days for gaming the system, instead of blaming the politicians who created those loopholes?

2. You criticized Trump on his 4 bankrupted businesses and neglected his hundreds other successful businesses?

Trump uses a lot of holding companies so you can take a fair bit off this idea of hundreds and others count chains as one, Trump makes every little anything its own entity (several companies sometimes)

It's about the size of the failed businesses relative to his portfolio. You obviously know nothing much about how big, why they failed and how he used the courts to steal from creditors and investors keeping himself afloat in a display of breathtaking shamelessness that is his only special capacity.

In the old days Trump would have been wearing concrete shoes.

Buy1Sell2 · Oct 13, 2020

userque said:
Actually, it is true; and you are free to believe whatever you want.

[VIDEO]
Warren Buffett and Bill Gates agree that the rich should pay higher taxes—here’s what they suggest
https://www.cnbc.com/2019/02/25/warren-buffett-and-bill-gates-the-rich-should-pay-higher-taxes.html#:~:text=Warren Buffett: We should raise,t make them flee...&text=Warren Buffett doesn't think,“Squawk Box” on Monday.

View attachment 241393

Gates and Buffett are free to pay more. There is no requirement that keeps someone from only paying the minimum due.

userque · Oct 13, 2020

Buy1Sell2 said:
Gates and Buffett are free to pay more. There is no requirement that keeps someone from only paying the minimum due.

Yeah. This is obvious. But this was not their message.

Buy1Sell2 · Oct 13, 2020

userque said:
Yeah. This is obvious. But this was not their message.

They need to lead by example. Go ahead and chuck in another 10 percent or so.

userque · Oct 13, 2020

Buy1Sell2 said:
They need to lead by example. Go ahead and chuck in another 10 percent or so.

No. They'll do it when all it applies to will do it. If the US is too dumb to see the benefit, then so be it...keep the status quo and see where we end up.

Buy1Sell2 · Oct 13, 2020

userque said:
No. They'll do it when all it applies to will do it. If the US is too dumb to see the benefit, then so be it...keep the status quo and see where we end up.

No. If they think it's that important, they need to step up and do it now. ---not when they are forced to. It's pretty simple.

userque · Oct 13, 2020

Buy1Sell2 said:
No. If they think it's that important, they need to step up and do it now. ---not when they are forced to. It's pretty simple.

No. They won't be taken advantage of like that. They've said that they support higher taxes for the rich; it's up to the people to make it so. If the people choose to continue to let the rich skate, then so be it.

Buy1Sell2 · Oct 13, 2020

userque said:
No. They won't be taken advantage of like that. They've said that they support higher taxes; it's up to the people to make it so. If they choose to continue to let the rich skate, then so be it.

So you admit then that higher taxes would be taking advantage of the rich. Thank you.

Buy1Sell2 · Oct 13, 2020

If they support higher taxes, then go ahead and pay them at a higher rate. I do not support higher taxes and so I will not unless forced to. What I do support is cutting spending.