Quote from Picaso:
Omitted from the Washington Times article:
<i>And 41 employees at the Executive Office of the President owed $831,000 altogether - <u>about the same amount as during the last year of George W. Bush's administration.</u>
Nationwide, debt to the IRS has been rising steadily, even before the current economic downturn, with $103.2 billion owed at the end of last year.
<u>From 2004 through 2006, the last three years that Republicans were in power, the total amount of back taxes owed each year by congressional workers hovered just below $9 million.</u> But in 2007, <u>when Democrats took control of both houses, it dropped to $6.8 million</u>. Since then, it has increased by 37 percent.
During 2008 and 2009 - when the financial crisis took hold and the economy started sinking - the Senate debt increased 80 percent and the House debt increased 25 percent. </i>
Hermit couldn't have been more timely with this post: http://www.elitetrader.com/vb/showthread.php?s=&threadid=206484
Quote from omegapoint:
Lesson from a billionaire:
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Quote from hermit:
Nobody said it was okay, it was the splice job and the misleading title that was the issue here.
On top of that Buffet has one foot in the gave. He's too fucking old to enjoy his money and/or probably feels guilty for being obscenely wealthy.Quote from tomdavis:
When I'm worth $50 billion you can raise my taxes, too.
Until then, I'd like to keep the money I work so hard to make and government parasites work so hard to take away from me.