Are You:
Are you tired of ..........
· Feeling like no one is fighting for working people?
· Ceos taking all our money?
· Corporations shipping our jobs out of the country?
· Companies escaping THEIR tax burden?
· Having no health care?
· Health care costs killing you?
· Making an economic decision to not utilize your Health Care?
· Having no retirement?
· Big business getting so big it seems to control everything?
· Gas prices with record profits for oil companies?
· Your hard work being exploited by a company?
· The banks exploiting the average hard working American?
· Being afraid to ask for a raise?
· The cost of living rising faster than your wages?
· Being laid off?
· Being over qualified for your job because you can't find a better paying one?
· Living pay check to pay check?
· Working in fear?
Wednesday, August 17, 2011
Buffett: Tax Me and My Mega-Rich Friends
Billionaire investor Warren Buffett urged U.S. lawmakers Monday to raise taxes on wealthier Americans to cut Washington's huge budget deficit, saying the move would not dampen investments or jobs. (Rick Wilking/Reuters) In a New York Times opinion article, the chief executive of Berkshire Hathaway proposed a tax increase on Americans who make at least $1 million per year and an additional increase on those making $10 million or more.
"Our leaders have asked for 'shared sacrifice.' But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched," Buffett wrote.
"While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks."
The man known as the "Oracle of Omaha" said his federal tax rate was 17.4 percent last year, while some investment managers were taxed just 15 percent on income reaching into the billions. He then noted that the middle class is taxed up to 25 percent in its income bracket, along with "heavy" payroll taxes.
In contrast, Buffett recalled "far higher" taxes rates for the rich in the 1980s and 1990s, and yet nearly 40 million jobs were added from 1980 to 2000.
"You know what's happened since then: lower tax rates and far lower job creation," he said.
"People invest to make money, and potential taxes have never scared them off."
Americans are losing faith with Congress's ability to tackle the country's financial woes, Buffett warned, calling for "immediate, real and very substantial" action.
A protracted partisan battle between lawmakers culminated in a last-minute deal on August 2 to raise the $14.3 trillion US debt ceiling and narrowly avoid a US default.
"My friends and I have been coddled long enough by a billionaire-friendly Congress," he added. "It's time for our government to get serious about shared sacrifice."
© 2011 Agence France-Presse
I have to give it to this guy for saying something all the other rich people are thinking. Now they just have to tell their lobbyist to stop fighting for their tax breaks.
ReplyDeleteAol Technical Support Phone Number
ReplyDeleteAol Technical Support Number
Aol Tech Support Number
Aol Tech Support phone Number
Aol Support Phone Number
Aol Tech Support Number
Outlook Technical Support Phone Number
Outlook Technical Supprt Number
Outlook Tech Support Number
Outlook Tech Support Phne Number
Outlook Support Phone Number
Outlook Tech Support Number
Quicken Technical Support Number
ReplyDeleteQuicken Technical Support Number
Quicken Support Number
Quicken Tech Support Number
Quicken Tech Support Phone Number
Quicken Support Phone Number
Customer Service Phone Number
Customer Service Number
Quicken Technical Support Phone Number
QuickBooks Technician
ReplyDeleteQuickbooks Support Phone Number
Quickbooks Tech Support Number
Quickbooks Support Number
Quickbooks Technical Support Number
Quickbooks Tech Support Phone Number
Quickbooks Technical Support Phone Number
Quickbooks Customer Service Number
Quickbooks Customer Service Phone Number
Quickbooks Customer Support Number
Quickbooks Customer Support Phone Number
Quickbooks Help Desk Phone Number
Quickbooks Help Desk Number
Quickbooks Tech Support Number
ReplyDeleteQuickbooks Support Phone Number
Quickbooks Tech Support Number
Quickbooks Support Number
Quickbooks Technical Support Number
Quickbooks Tech Support Phone Number
Quickbooks Customer Service Number
Quickbooks Customer Service Phone Number
Quickbooks Customer Support Number
Quickbooks Customer Support Phone Number
Quickbooks Help Desk Phone Number
Quickbooks Help Desk Number
Quicken Support Number
ReplyDeleteQuicken Support Phone Number
Quicken Tech Support Number
Quicken Support Number
Quicken Technical Support Number
Quicken Tech Support Phone Number
Quicken Customer Service Number
Quicken Customer Service Phone Number
Quicken Customer Support Number
Quicken Customer Support Phone Number
Quicken Help Desk Phone Number
Quicken Help Desk Number