Warren Buffett, who has admitted that rich people like himself pay less income taxes on a percentage basis than their secretaries, is at it again. Buffett (who protects most of his wealth from his beloved Federal government’s IRS in his private foundation) says that rich people should pay more in taxes, and that the middle- and lower-classes should pay less. Well, Warren, here’s my idea: All of us middle- and lower-class tax payers should send our income tax 1099s to you and your rich buddies next year. You can all assuage your “guilt” about not paying enough taxes (I don’t see Warren’s arm being twisted when he donates his vast wealth into his private foundation—rather than sending some of it to the IRS) by paying a portion of our taxes. This way, Warren, you rich folks don’t even have to wait for your beloved bureaucratic government to enact further legislation. You and your mega-millionaire/billionaire buddies (like Bill Gates—who you’ve left your foundation to in your will) can automatically pay more income taxes while at the same time reducing the income taxes for the rest of us tax slaves.
By the way, financial “genius” Buffett makes this economic “insight” about money:
The rich are always going to say that, you know, just give us more money and we’ll go out and spend more and then it will all trickle down to the rest of you.” [No, Blowhard Buffett, what the rich do with most of their money is invest it in order to grow the economy.]
Okay, Warren, you’ve done your good Bankster propaganda deed for the day. You can now go back to flying around on your private jet and avoiding the pornscans/gropedowns that we sheeple that you “care” so deeply about must endure.
[Thanks to Travis Holte]12:09 pm on November 21, 2010 Email David Kramer