Warren Buffet wall to wall CNBC. Guy is a jerk.

S

seasideheights

Obama continually cites BUFFET as the guy who told him it was OK to raise capital gains to the 20%-25% range.

Buffet isn't my friend.

CNBC's wall to wall buffet is sickening.
 
Just because he feels that he has enough money to be taxed like a European doesn't mean that the rest of us feel the same. Those high-tax parrots are disgusting people who want to punish success.
 
Quote from Relleum:

more incentive to be trader, rather than an investor

--Relleum
More...

more incentive to trade through a corp in some tax heaven island and pay nothing instead
 
Quote from Relleum:

more incentive to be trader, rather than an investor

--Relleum
More...


Amen to that! Many tax benefits to being an independent trader.
 
Quote from Thermactor:

Just because he feels that he has enough money to be taxed like a European doesn't mean that the rest of us feel the same. Those high-tax parrots are disgusting people who want to punish success.
More...

In certain European countries, like Belgium, Bulgaria, Netherlands, and Switzerland, people pay 0% capital gains tax. In some other European countries, capital gains are taxed more favourably than ordinary income:

Estonia: 20%
Finland: 28%
France: 16%
Germany: No tax if held more than one year.
Hungary: 20%
Iceland: 10%
Ireland: 20%
Italy: 12.5%
Norway: 28%
Poland: 19%
Sweden: 30%

So European style capital gains tax isn't so bad. I personally think the US should adopt the Swiss model.
 
Never heard Bluffett promoting higher taxes while he was taking advantage of lower taxes.

He must figure now that he won't be around much longer, so as a parting gift to us all, our rich uncle wants to leave us with a special present to ease his conscience, buying his way into socialist heaven.
 
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