Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

[Gambit]

Buffett takes advantage of every tax clause loophole that he can but then whines he doesn't pay enough taxes. He's worth more money than god (thanks mostly to his Insurance Company megalith money printer) but eats a cheapie meal at minimum wage employer Mickey Dee's.

He is cares about money and his "warm, caring, mid-western, folksy, grandfatherly" image - period.

Did you know he disowned at least one grandchild? Totally cut off. She lives on 30- 40 k a year now. Not indentured servitude but still...seems cold.

 

[comingkingofisrael]

Another globalist ___

 

[Overnight]

Buffet is the world's richest miser.

http://money.cnn.com/2016/10/10/pf/taxes/warren-buffett-trump-taxes/index.html

How many here have a tax return from when they were just 13 YO?

Exactly. He's a stickler!

 

[sle]

He is only cares about making more and more money paying less and less taxes in the process and his "warm, caring, mid-western, folksy, grandfatherly" image - period.

And yet he has pledged over 80% of his net worth to a charitable foundation (and not even his own). Granted, I barely earn in a year what he makes in a couple of hours from the dividend carry (*), but I am trying to follow his example. On one hand, I try to pay as little in taxes as I can (living in the NYC, my marginal tax rate is over 50%) and take advantage of every loophole I can. On the other hand, I donate just shy of 50% of my income to a variety of causes (all the usual liberal stuff such as fighting poverty, various health initiatives, protecting nature etc.).

PS. Oddly enough, if I just consider his total compensation from Berkshire, it's not that different from an average Wall Streeter like myself

 

[SunTrader]

And yet he has pledged over 80% of his net worth to a charitable foundation ...

When you (Buffett not you you) are worth gazillions WTF is 80%, 88% or 99.88%. And with one foot in the grave. All well and good but it does not deny the fact he games the system, that he knocks, as good as any other player.

 

[d08]

Why doesn’t WB with the help of other limousine liberals set up a non profit insurance company for the uninsured using their own funds?

Talk is cheap. These guys love to spend other people’s money while growing their own wealth.

An utterly dumb comment. What's next - "the military is inefficient, so why doesn't Buffett form his own private army to fight for the country"?

 

[d08]

Did you know he disowned at least one grandchild? Totally cut off. She lives on 30- 40 k a year now. Not indentured servitude but still...seems cold.

I respect him more for that. In all likelihood the grandchild deserved it. I'm against inheritance as a whole though - it only causes problems, ruins lives and creates inequality.

 

[Gambit]

I'm not saying she didn't deserve it either. She "blabbed" about the family. I don't know...it's harsh but sometimes parents and grandparents need to be harsh. I disagree somewhat but I understand the idea behind it.

 

[Arnie]

So we are agreed, Buffet can do what he wants with HIS money.

 

[Gambit]

So we are agreed, Buffet can do what he wants with HIS money.

Haha. Ok, that was funny. Of course...of course. Still, we have a right as Americans to gossip about his family life, gawk and criticize. It is the American way