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Author Topic: DUmmy Tout Buffett on Taxes  (Read 2132 times)

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Offline zeitgeist

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DUmmy Tout Buffett on Taxes
« on: October 10, 2016, 07:47:24 PM »

DUmmies are like lemmings going over a cliff:

http://upload.democraticunderground.com/12512494503
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cyberswede (25,700 posts)

Trump: Warren Buffett avoids taxes like me. Buffett: Nope, and here's my taxes to prove it.

Donald Trump is a master of the “I am rubber and you are glue” approach to political rhetoric, but at Sunday night’s presidential debate, he tried a novel variant on the strategy. After Anderson Cooper asked him point blank if he used his $916 million reported loss from his 1995 tax return to avoid income taxes in other years, Trump shot back that he did — but so did the fourth richest man in the world and Hillary Clinton supporter Warren Buffett, who Clinton had minutes earlier praised for his advocacy of higher taxes on the rich:
...
The day after, Buffett came out with a statement saying, in effect, bullshit. He has never used a carry-forward, the technique Trump used to avoid taxes, and he has paid taxes every year since 1944, when he was 13 and paid $7 to fund World War II.
...
As a final knife-twist, Buffett notes that he is currently being audited — but releasing information from his return anyway, since that is totally allowed, despite Trump's protests to the contrary.

http://www.vox.com/policy-and-politics/2016/10/10/13228628/warren-buffett-donald-trump-taxes
There are several more of these hosana threads.

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Response to cyberswede (Original post)Mon Oct 10, 2016, 03:41 PM
KewlKat (2,249 posts)
1. thank you for your leadership Mr Buffett
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Response to cyberswede (Original post)Mon Oct 10, 2016, 03:43 PM
Star Member treestar (65,105 posts)
2. Go Warren!
More Don the Con untruthfulness or stupidity.
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Response to cyberswede (Original post)Mon Oct 10, 2016, 04:48 PM
kwolf68 (6,129 posts)
3. Don't **** with Warren


LOL...that guy is no joke
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Response to cyberswede (Original post)Mon Oct 10, 2016, 04:52 PM
Nevernose (10,987 posts)
4. Unlike Trump, Buffet is good at businsss

He's certainly never lost a billion dollars in a single year.

Well they certainly are impressed by the Oracle of Omaha  (as well they should be).  Trouble is they may want to check a few financial pages.

If they did they would find: Buffett's Berkshire Owes $1 Billion In Back Taxes    :banghead:
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Offline landofconfusion80

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Re: DUmmy Tout Buffett on Taxes
« Reply #1 on: October 10, 2016, 07:59:14 PM »
They must not be aware of the Berkshire holdings in wells fargo... he didn't lose a billion, he lost a whole lot more

Sent from my SCH-I545 using Tapatalk

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One Who Grows (244 posts)
20. absolute bullshit. the cave is unspeakably vile.

I don't know how any of you can live with yourselves.

:)

Offline USA4ME

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Re: DUmmy Tout Buffett on Taxes
« Reply #2 on: October 10, 2016, 08:23:30 PM »
I remember a time when a billionaire being in favor of a Democrat nominee would send chills up and down the backs of the primitives because that meant the party was selling out to the rich.

My, how the primitives have evolved into promoting the wealthy while crushing the downtrodden.

.
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Offline franksolich

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Re: DUmmy Tout Buffett on Taxes
« Reply #3 on: October 10, 2016, 08:36:47 PM »
Quote from: USA4ME on October 10, 2016, 08:23:30 PM
I remember a time when a billionaire being in favor of a Democrat nominee would send chills up and down the backs of the primitives because that meant the party was selling out to the rich.

My, how the primitives have evolved into promoting the wealthy while crushing the downtrodden.

The primitives forget how my fellow Nebraskan ol' Warren makes his money.

He makes his money by buying up companies, cherry-picking the best parts of them, and tossing the rest aside, suddenly unemploying tens of thousands of hardworking people.

If that's not rapacious capitalist behavior, I don't know what is.
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Offline Ptarmigan

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Re: DUmmy Tout Buffett on Taxes
« Reply #4 on: October 10, 2016, 10:34:21 PM »
Quote from: USA4ME on October 10, 2016, 08:23:30 PM
I remember a time when a billionaire being in favor of a Democrat nominee would send chills up and down the backs of the primitives because that meant the party was selling out to the rich.

My, how the primitives have evolved into promoting the wealthy while crushing the downtrodden.

.

There are more billionaires for Hillary Clinton. They are globalists/internationalists.
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Offline Tess Anderson

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Re: DUmmy Tout Buffett on Taxes
« Reply #5 on: October 10, 2016, 11:03:49 PM »
Quote from: franksolich on October 10, 2016, 08:36:47 PM
The primitives forget how my fellow Nebraskan ol' Warren makes his money.

He makes his money by buying up companies, cherry-picking the best parts of them, and tossing the rest aside, suddenly unemploying tens of thousands of hardworking people.

If that's not rapacious capitalist behavior, I don't know what is.

Yeah, cyberswede is just another state employee and she doesn't understand the private sector very well. Buffet does, and he uses shell companies and the reason he pays so low taxes is that he never realizes any income on his 65 billion of dollars of investments and just hangs onto them. He is 85 years old now, what is he waiting for?
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Offline SVPete

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Re: DUmmy Tout Buffett on Taxes
« Reply #6 on: October 11, 2016, 07:41:59 AM »
Quote from: Tess Anderson on October 10, 2016, 11:03:49 PM
Yeah, cyberswede is just another state employee and she doesn't understand the private sector very well. Buffet does, and he uses shell companies and the reason he pays so low taxes is that he never realizes any income on his 65 billion of dollars of investments and just hangs onto them. He is 85 years old now, what is he waiting for?

He thinks he can take it with him?

Reminds me of an old joke ...

One day, just before an old billionaire died, God told him that because he'd been good God would let him bring something with him to heaven. So after the billionaire died he showed up at the Pearly Gates with a bag of gold. The head angel-guard told the others to let him in, that God's orders were to let him bring it in with him. After the billionaire was through the gates and out of earshot, one of the angels asked, "Why did that guy bring paving material?"

 :rimshot:
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Offline FiddyBeowulf

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Re: DUmmy Tout Buffett on Taxes
« Reply #7 on: October 11, 2016, 07:54:53 AM »
Quote
As a final knife-twist, Buffett notes that he is currently being audited — but releasing information from his return anyway, since that is totally allowed, despite Trump's protests to the contrary.
No one said it was not allowed, just that every tax attorney thinks it is a stupid thing to do.
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Offline SVPete

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Re: DUmmy Tout Buffett on Taxes
« Reply #8 on: October 11, 2016, 08:24:33 AM »
Quote from: FiddyBeowulf on October 11, 2016, 07:54:53 AM
No one said it was not allowed, just that every tax attorney thinks it is a stupid thing to do.

It gives Libs & Progs fits that Trump is too smart to provide the boat for their fishing expedition.
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Offline Ralph Wiggum

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Re: DUmmy Tout Buffett on Taxes
« Reply #9 on: October 11, 2016, 08:50:32 AM »
More importantly, what does Jimmy Buffett have to say about taxes?
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Offline BlueStateSaint

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Re: DUmmy Tout Buffett on Taxes
« Reply #10 on: October 11, 2016, 09:33:31 AM »
Quote from: Ralph Wiggum on October 11, 2016, 08:50:32 AM
More importantly, what does Jimmy Buffett have to say about taxes?

You may have to go to Margaritaville for the answer . . . :whistling:
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Offline BannedFromDU

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Re: DUmmy Tout Buffett on Taxes
« Reply #11 on: October 11, 2016, 10:25:26 AM »
Quote from: franksolich on October 10, 2016, 08:36:47 PM
The primitives forget how my fellow Nebraskan ol' Warren makes his money.

He makes his money by buying up companies, cherry-picking the best parts of them, and tossing the rest aside, suddenly unemploying tens of thousands of hardworking people.

If that's not rapacious capitalist behavior, I don't know what is.


     That's pretty much what they accuse Romney of doing. Wonder what the difference is?
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