Democrats SUCK!!

[me]

  To be really fair, which you never are.  Why should they write a check and your filthy rich friends won't.   

Didn't read it did ya Troll?  The guy that says rich people, he happens to be a billionaire, should pay higher taxes isn't even paying what he, his company, owes.  Tax evasion....got it.....The big guy telling other billionaires they shouldn't mind paying taxes is in trouble for tax evasion...hasn't paid for at least 10yrs.   

[Henry Hawk]

Didn't read it did ya Troll?  The guy that says rich people, he happens to be a billionaire, should pay higher taxes isn't even paying what he, his company, owes.  Tax evasion....got it.....The big guy telling other billionaires they shouldn't mind paying taxes is in trouble for tax evasion...hasn't paid for at least 10yrs.   

tpypical liberal hypocrit....just admit it troll......dems suck as much as you think repubs do.

[Exterminator]

Didn't read it did ya Troll?  The guy that says rich people, he happens to be a billionaire, should pay higher taxes isn't even paying what he, his company, owes.  Tax evasion....got it.....The big guy telling other billionaires they shouldn't mind paying taxes is in trouble for tax evasion...hasn't paid for at least 10yrs.

You need to learn the difference between personal income taxes and corporate taxes.  It is cute, though, when poor people argue in favor of the rich; they've taught you well how to be their useful idiots.

[The Troll]

Didn't read it did ya Troll?  The guy that says rich people, he happens to be a billionaire, should pay higher taxes isn't even paying what he, his company, owes.  Tax evasion....got it.....The big guy telling other billionaires they shouldn't mind paying taxes is in trouble for tax evasion...hasn't paid for at least 10yrs.

  Have you ever heard of LEGAL TAX  AVOIDANCE.  I used it every chance I had, the IRS wrote and I followed it.  Since I didn't have much money I didn't have much tax to avoid.  If there was anything this country need was a tax code overhaul and I don't mean the hunk of shit the "FAIR TAX" dreamed up by the super rich.  Henery.

  Just like my plumbing truck.  Deduct the depredation, all maintainace, gas, insurance and any up dates in it.  But I drove to Indianapolis every day a lot of 7 days, 56 miles a day for 38  years to Ford Motor Co. and couldn't deduct a dime.  I quite sure that sounds fair to you.  One of my doctors said he was going on vacation for the next to weeks.  I asked if he was vacationing or going to a seminar.  He said just a vacation, "I wish it was a seminar, I could deduct that off of my taxes."

   I like the idea a tax expert had.  One tax rate for people in the $3 hundred thousand to a million dollars.  One for people 1 million to 100 million dollars, one for  people 100 million dollars to 1 billion dollars and one real nice big one for people with over a Billion dollars a year.  All of the people under them made and died for them to make that much money.

  Go on and defend them, cause you know where that places you on my and a lot of others peoples shit list.  Under a whale turd on the bottom of the ocean.  Honey Poo.

[me]

You need to learn the difference between personal income taxes and corporate taxes.  It is cute, though, when poor people argue in favor of the rich; they've taught you well how to be their useful idiots.

I know the difference and it's the corporations he says should pay more as well as personal.  He should practice what he's preaching.  What's so hard to understand about that? 

[me]

  Have you ever heard of LEGAL TAX  AVOIDANCE.  I used it every chance I had, the IRS wrote and I followed it.  Since I didn't have much money I didn't have much tax to avoid.  If there was anything this country need was a tax code overhaul and I don't mean the hunk of shit the "FAIR TAX" dreamed up by the super rich.  Henery.

  Just like my plumbing truck.  Deduct the depredation, all maintainace, gas, insurance and any up dates in it.  But I drove to Indianapolis every day a lot of 7 days, 56 miles a day for 38  years to Ford Motor Co. and couldn't deduct a dime.  I quite sure that sounds fair to you.  One of my doctors said he was going on vacation for the next to weeks.  I asked if he was vacationing or going to a seminar.  He said just a vacation, "I wish it was a seminar, I could deduct that off of my taxes."

   I like the idea a tax expert had.  One tax rate for people in the $3 hundred thousand to a million dollars.  One for people 1 million to 100 million dollars, one for  people 100 million dollars to 1 billion dollars and one real nice big one for people with over a Billion dollars a year.  All of the people under them made and died for them to make that much money.

  Go on and defend them, cause you know where that places you on my and a lot of others peoples shit list.  Under a whale turd on the bottom of the ocean.  Honey Poo.

There is a difference between "tax avoidance" and legal deductions.  This jerk just flat didn't pay. 

You could have deducted your expenses of driving back and forth to work if you had logged your miles or went by the IRS mileage from point "A" to point "B".  You could have also deducted a clothing allowance as long as you only wore those clothes for work and nothing else.  And Ex don't bother to tell me I don't know what I'm talking about because I do know this for a fact.  It may have changed in the last few years but when Troll was working it could have been done. 
As far as deductions for your business those were expenses of doing business and not actual in your pocket income.  It would not be right to make a business pay taxes on income before deductions because the actual cash never reached their pockets since it was spent on the business.  Yes, there are businesses that hide income and there are also individuals that hide income and that goes for lower income as well as higher income businesses and individuals.  Don't penalize those who are doing right by wiping out deductions or piling extra taxes on them.  Go after the people like Buffet who just flat don't pay, the true tax avoidance people.  Hell, if he/his business, and most of Obama's appointee's had been paying their taxes it would have been a huge chunk of change in the coffers.  And on another side note if you really believe congress is going to pass any tax increases that impact their businesses or them in a negative way you've hit your head.  Who the hell do you think put those deductions into effect anyway? 

[Palehorse]

Warren Buffett, hypocrite

Last Updated: 11:51 PM, August 28, 2011

Posted: August 29, 2011


This one's truly, uh ... rich: Billionaire Warren Buffett says folks like him should have to pay more taxes -- but it turns out his firm, Berkshire Hathaway, hasn't paid what it's already owed for years.

That's right: As Americans for Limited Government President Bill Wilson notes, the company openly admits that it owes back taxes since as long ago as 2002.

"We anticipate that we will resolve all adjustments proposed by the US Internal Revenue Service ("IRS") for the 2002 through 2004 tax years ... within the next 12 months," the firm's annual report says.


It also cites outstanding tax issues for 2005 through 2009.

Obvious question: If Buffett really thinks he and his "mega-rich friends" should pay higher taxes, why doesn't his firm fork over what it already owes under current rates?

Likely answer: He cares more about shilling for President Obama -- who's practically made socking "millionaires and billionaires" his re-election theme song -- than about kicking in more himself.

Buffett's free to back Obama, of course.

And if his firm wants to keep its tax bill low, well, that's its right, too.

But it would be nice if this "pro-tax-hike" tycoon were a bit more honest about it.

Start, for example, with his grossly disingenuous recent claim that, as he wrote in The New York Times, he paid only 17 percent of his income last year to the government -- even as many working stiffs who make far less than him coughed up higher percentages.

Fact is, unlike most other folks, Warren Buffett gets most of his income from dividends and capital gains, which are nominally taxed at 15 percent.

Left unsaid is that much of that is taxed at 35 percent (via the corporate income tax) before he even gets his hands on it. So in effect, he's paying taxes twice (that is, when his companies actually pay, anyway).

Counting both taxes, his effective rate would really be well north of 40 percent for a big chunk of his income.

There's more. Obama, and co-conspirators like Buffett, claim to want to slap only "millionaires and billionaires."

But in 2009, for instance, fewer than a quarter-million taxpayers (less than two tenths of 1 percent) reported income over $1 million -- and their combined bill was less than $200 billion.

Raise the top tax rate on them by 13 percent, as Obama wants (from 35 percent to 39.6 percent) and you bring in only another $26 billion, tops -- and that's if your tax hike doesn't stifle the economy and kill jobs (which it surely would). Yet what's $26 billion in a world of $4 trillion federal budgets with trillion-dollar-plus deficits?

No wonder Obama's hikes on "millionaires and billionaires" actually start with folks earning as little as $200,000.

Looks like Buffett's not the only disingenuous one here. But again, that's clear from their individual behavior: Obama, Buffett and Democrats like Bill Clinton keep saying they want to pay more taxes.

Fine. They can always write checks.

http://www.nypost.com/p/news/opinion/editorials/warren_buffett_hypocrite_E3BsmJmeQVE38q2Woq9yjJ#ixzz1WRoIlYSf

An opinion based upon an opinion. . .  And written by staff of owner Rupert Murdoch. . .  Who clearly has an axe to grind with Buffett's own opinion.

The current members of the board of directors of Berkshire Hathaway are Warren Buffett, Charlie Munger, Walter Scott, Jr., Thomas S. Murphy, Howard Graham Buffett, Ronald Olson, Donald Keough, Charlotte Guyman, David Gottesman, Bill Gates, Stephen Burke and Susan Decker. Most of them billionaires themselves.

Nowhere do I see any of these names in the quoted piece, aside from Buffett, and yet each one plays a role in the decisions surrounding the company's day-to-day operations and business/tax strategy. . . 

[The Troll]

   "ME" you are sure are in Loll Loll Land.  I have had one of the best CPAs in Anderson, Winegardner for over 40 years.  There is no way you can't deduct any money from your taxes for the expenses of a hourly job.  If I could have I would be thousand of dollars ahead.  Where did you come up with this.  Ask your CPA about it.

  Just who is the billionaire who doesn't pay any taxes at all and wants other of the super rich to pay taxes.  I don't even know why I argue with you.  I have never seen someone so uneducated in life and business.  I can't say grow up because you are old enough to know better Tootsie Roll.   

[Palehorse]

And these same damned elected government representatives want to eliminate the last write off available to the working men and women of this country - the mortgage deduction. 

[The Troll]

And these same damned elected government representatives want to eliminate the last write off available to the working men and women of this country - the mortgage deduction. 

  I personally would like to see the mortgage deductions stopped on houses worth over $250,000.  What would a married couple need a house more expensive other than to show off their wealth.      Most of these expensive homes are for personal need to show off their money.  Any over priced thing is.   

[Palehorse]

  I personally would like to see the mortgage deductions stopped on houses worth over $250,000.  What would a married couple need a house more expensive other than to show off their wealth.      Most of these expensive homes are for personal need to show off their money.  Any over priced thing is.   

Well, 14 years ago a 2 bedroom , 1500 sf saltbox house on a SMALL lot, less than an arms length from the neighbors, started at 250k in New Jersey. And it was small.

When real estate values go back up, such legislation will eliminate the deduction for millions.

I know my wife and I built our home specifically for the deduction, as do most. Eliminate it and the construction jobs will go!

[me]

   "ME" you are sure are in Loll Loll Land.  I have had one of the best CPAs in Anderson, Winegardner for over 40 years.  There is no way you can't deduct any money from your taxes for the expenses of a hourly job.  If I could have I would be thousand of dollars ahead.  Where did you come up with this.  Ask your CPA about it.

  Just who is the billionaire who doesn't pay any taxes at all and wants other of the super rich to pay taxes.  I don't even know why I argue with you.  I have never seen someone so uneducated in life and business.  I can't say grow up because you are old enough to know better Tootsie Roll.   

Well smart ass, My ex and I were drawn for an audit in the mid 80's for 2yrs of taxes.  I went in for the audit, by myself no attorney or cpa, and the lady who did the audit said some of the deductions would probably be disallowed but would undergo further review and that they would contact us to audit the next years taxes.  Well, a few weeks later a letter arrived from them, which I figured would have the date of the next appointment, and said after further review the returns were accepted as filed and no further audits would be done.  So they not only accepted the 2yrs as filed they also didn't go ahead with auditing another year. 

[The Troll]

  Didn't do it anymore did you.  You're lucky, just be glad it didn't happen in the last 7 years, I'd turn you in.   

[me]

  Didn't do it anymore did you.  You're lucky, just be glad it didn't happen in the last 7 years, I'd turn you in.   

It was legal evidently or they would have disallowed it then.  Everything was fully documented and within their guidelines which is what it had to be.  The mileage driven for pleasure and the mileage driven to and from work had to be logged and none of the pleasure mileage could be deducted of course plus the gas tickets had to equal what was actually driven to and from work.  Yes, it was a lot of bookwork but since my ex didn't have to do it he figured I could so we could have that little bit extra deduction.  I HATE BOOKWORK with a passion. No 'puters then either so I had to do it all by hand. I did it once or twice a month, made notes, and double checked everything. 

[The Troll]

It was legal evidently or they would have disallowed it then.  Everything was fully documented and within their guidelines which is what it had to be.  The mileage driven for pleasure and the mileage driven to and from work had to be logged and none of the pleasure mileage could be deducted of course plus the gas tickets had to equal what was actually driven to and from work.  Yes, it was a lot of bookwork but since my ex didn't have to do it he figured I could so we could have that little bit extra deduction.  I HATE BOOKWORK with a passion. No 'puters then either so I had to do it all by hand. I did it once or twice a month, made notes, and double checked everything.

  The IRS misses and over looks a lot of things.  I did know of two people who never payed a dime in income tax, they died and got away with it.  All I have to say to you is, your very lucky. 

  But it's nice to know that you cheat on your income tax.  One more feather in your hat among many.  Baby Ruth.