The top 1% of income earners in America contribute 30% of the funds traded on Wall Street and 30% of all monies given to charities. The taxes on this 1% and the increase that is proposed for this group will run our government for 8 days. To be such a divisive point, why is so much effort spent on such a small issue?
Mr.Warren Buffett, who is such a great proponent of taxing the wealthiest at a higher rate (inconsequential to me), actually avoids paying higher taxes by receiving no salary or pay but earns through his capital gains - thus avoiding taxes at a higher rate. Currently, Mr. Buffett is fighting the IRS for millions in taxes that they say he owes. If you are a proponent of the President's tax hike, shouldn't you be a supporter of it? Though he is one of our President's greatest proponents of raising the taxes on the wealthiest, he chooses not to participate in, and even fights joining in.
We are being pushed, pushed -that is, toward the Fiscal Cliff for global, currency and market reasons. If you want to know reasons why, say so and I will be glad to post my postulations.
Mr.Warren Buffett, who is such a great proponent of taxing the wealthiest at a higher rate (inconsequential to me), actually avoids paying higher taxes by receiving no salary or pay but earns through his capital gains - thus avoiding taxes at a higher rate. Currently, Mr. Buffett is fighting the IRS for millions in taxes that they say he owes. If you are a proponent of the President's tax hike, shouldn't you be a supporter of it? Though he is one of our President's greatest proponents of raising the taxes on the wealthiest, he chooses not to participate in, and even fights joining in.
We are being pushed, pushed -that is, toward the Fiscal Cliff for global, currency and market reasons. If you want to know reasons why, say so and I will be glad to post my postulations.
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