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  #1  
Old 08-16-2011, 01:33 PM
Antitrust32 Antitrust32 is offline
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Originally Posted by ateamstupid View Post
"Buffett noted that his federal tax bill, including payroll taxes, came out to just 17.4 percent of his taxable income last year, a lower percentage than anyone else in his office."

Has Buffett just gamed the system? I'd like to know, because I see Republicans shouting all the time about how the rich are already paying a million percent, but it just makes no sense considering our tax revenues.
too many loopholes. I dont understand why the tea party has such a problem with eliminating loopholes.
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Old 08-16-2011, 01:40 PM
Antitrust32 Antitrust32 is offline
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our next election is going to be like the New York paper's headline when the Jets fired Pete Carroll and hired Rich Kotite.

"Dumb and Dumber"
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Old 08-16-2011, 01:45 PM
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joeydb joeydb is offline
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too many loopholes. I dont understand why the tea party has such a problem with eliminating loopholes.
If you posed the question to Tea Party members of going to a flax tax (instead of closing loopholes) I think you'd get a better response.

The loopholes closed would never be the ones guys like Buffet like. A flat tax instead of the current tax system would be a reset, and by definition would close all loopholes.
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Old 08-16-2011, 02:36 PM
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ateamstupid ateamstupid is offline
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too many loopholes. I dont understand why the tea party has such a problem with eliminating loopholes.
Take a wild guess.
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  #5  
Old 08-16-2011, 02:51 PM
Clip-Clop Clip-Clop is offline
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Take a wild guess.
Because large corporations do not pay taxes, they collect them? Unless you are GE, in which case you just get to keep them.
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Old 08-16-2011, 02:59 PM
Antitrust32 Antitrust32 is offline
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Originally Posted by ateamstupid View Post
Take a wild guess.
because they are bought out like everyone else in washington?
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Old 08-16-2011, 03:45 PM
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because they are bought out like everyone else in washington?
It's a corporate lobbying platform disguised as a populist revolt.
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  #8  
Old 08-16-2011, 04:02 PM
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Riot Riot is offline
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It's a corporate lobbying platform disguised as a populist revolt.
"What is the Tea Party, sponsored by Dick Armey and Freedom Works."

"I'll take terrorists for $400 now, Alec"
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Old 08-16-2011, 05:47 PM
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Cannon Shell Cannon Shell is offline
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What is ironic is that Union pension funds have hundreds of billions of dollars invested in stock of many of those very same corporations that they and the lefties never miss a chance to bash.
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