GAY RELUBRICANTS Where are you now? lulz

Floptical

Doesnt Read Thread Titles
Sep 1, 2006
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Yeah I never understood the tax rates but I'm sure the total amount he paid I'm taxes at 17.5 was more than the other man total all year. Plus you pays a less rate but you can't write off crap. Even myself I cannot claim anything on my taxes. I am over the limit on being able to claim mini flop, school stuff, my house, basically anything at all I can not deduct. So before when I was paying taxes I always got money back. Now I have to pay in 10 to 20k every year. I'm not defending the tax difference I'm just saying it's not all black and white.
 

JAXvillain

Curly_Sue
Oct 13, 2004
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his bracket is 10% less. he pays millions more.

here's why.

Secretary has a reliable salary. Goes in does her job, pays taxes.

Buffet doesn't operate that way. He takes his assets and gambles them on businesses.

He "invests" in a corporation. The tax is lower because our gov't wants to incentivize it's citizens to invest back into the country and nobody is a better determiner of what they want to risk than the citizens.

This is especially important to the guy who has a little money saved (not Buffet 10 figures isn't little.). A guy that has $50k, $100K, or $500k in the bank would rather seek out a better yield for his investment than put it in a 1.4% CD which gets taxed as income. but it comes with no guarantee like a CD. This is better for the economy too as the direct investment into the corporation provides another avenue of cashflow for them. For the investor, it's a considerably higher risk.

wrong: Warren Buffet Pays 17.7% Tax Rate; His Employees Pay 32.9%
he pays almost 1/2 as much
 

JAXvillain

Curly_Sue
Oct 13, 2004
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warren buffet himself says he pays too little and so do his peers. it doesn't get any more black and white than that
 

OzSTEEZ

¡ɟɟo ʞɔnɟ ʇunɔ 'ᴉO
Nov 11, 2008
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Oz
Look. You just can't completely understand it. So while you can't understand it, let's allow mega corporations to go tax free while the country goes broke.
 

OzSTEEZ

¡ɟɟo ʞɔnɟ ʇunɔ 'ᴉO
Nov 11, 2008
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Oz
rogers.jpg
 

my little brony

Keep Being A Little Bitch
Oct 15, 2004
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