Once again from the top...
Capital gains and dividends are "gateways to prosperity."
Supporting an increase on such taxes as means to "pay down debt" or to achieve "fairness" misses the mark.
Personally, I have no idea what Buffett is up to but I can guarantee it has little to do with helping you.
Buffett is a no good crony capitalist. He's got his, and his ideas on taxes are designed to keep others from building their wealth. All taxes are income and wages are destructive to saving and wealth accumulation. Buffett can rot in Hell when he dies as far as I'm concerned.
ReplyDeleteI don't understand how taxes - or not enough of them - are being cited as the major part of the deficit problem. Makes no sense to me. It's pretty clear it's spending the issue across the West.
ReplyDeleteFocusing on taking more from others - especially if moneys taken from the private side are used to protect public sector pensions - is a detraction from the real problem of spending.
Buffett is plain bizarre on this one.