Platinum Contributing Member Highmark Posted October 11, 2016 Platinum Contributing Member Share Posted October 11, 2016 The hypocrisy of the left. In the latest and largest example, Mr Buffett’s Berkshire Hathaway has been able to defer $61.9bn of corporate taxes, the company revealed in its annual report https://www.ft.com/content/9c690e44-c1d2-11e4-abb3-00144feab7de http://www.fool.com/investing/general/2016/05/12/heres-how-berkshire-hathaway-gets-a-63-billion-int.aspx Quote Link to comment Share on other sites More sharing options...
Anler Posted October 11, 2016 Share Posted October 11, 2016 Ive been telling you for like 10 years that rich people dont pay taxes and you keep disagreeing with me. Paying taxes is for working stiffs... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 11, 2016 Author Platinum Contributing Member Share Posted October 11, 2016 (edited) Just now, Anler said: Ive been telling you for like 10 years that rich people dont pay taxes and you keep disagreeing with me. Paying taxes is for working stiffs... According to the left I'm rich and I can tell you I pay a lot of fucking taxes. When you take everything 48-52%. See I really don't care if people like Buffett and MC use legal methods to avoid taxes. What I have a problem is people like them telling me I'm not paying my fair share. Edited October 11, 2016 by Highmark Quote Link to comment Share on other sites More sharing options...
Anler Posted October 11, 2016 Share Posted October 11, 2016 2 minutes ago, Highmark said: According to the left I'm rich and I can tell you I pay a lot of fucking taxes. When you take everything 48-52%. See I really don't care if people like Buffett and MC use legal methods to avoid taxes. What I have a problem is people like them telling me I'm not paying my fair share. I don't know how "rich" you are but unless you are making millions every year you are not rich enough to stop paying taxes. You can't get a paycheck and avoid taxes. So if you aren't rich enough to stop receiving a paycheck every week or two then you ain't rich... Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 11, 2016 Share Posted October 11, 2016 4 minutes ago, Highmark said: According to the left I'm rich and I can tell you I pay a lot of fucking taxes. When you take everything 48-52%. See I really don't care if people like Buffett and MC use legal methods to avoid taxes. What I have a problem is people like them telling me I'm not paying my fair share. According to the left, if you make more than them you are rich. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 11, 2016 Share Posted October 11, 2016 11 minutes ago, Anler said: Ive been telling you for like 10 years that rich people dont pay taxes and you keep disagreeing with me. Paying taxes is for working stiffs... Its a write-off. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 11, 2016 Author Platinum Contributing Member Share Posted October 11, 2016 (edited) 11 minutes ago, Highmark said: According to the left I'm rich and I can tell you I pay a lot of fucking taxes. When you take everything 48-52%. See I really don't care if people like Buffett and MC use legal methods to avoid taxes. What I have a problem is people like them telling me I'm not paying my fair share. 6 minutes ago, Anler said: I don't know how "rich" you are but unless you are making millions every year you are not rich enough to stop paying taxes. You can't get a paycheck and avoid taxes. So if you aren't rich enough to stop receiving a paycheck every week or two then you ain't rich... Read more slowly. I am part of the group they constantly say does not pay their fair share. I will be hit by increased taxes under Hillary's plan. Sure I could avoid some taxes like MC but my accountant and tax attorney always like to play it safe. That is starting to change. Its also bullshit saying all the rich, even the ultra wealthy ones don't pay taxes. See table 3 and 4 or 6 and 7. http://taxfoundation.org/article/summary-latest-federal-income-tax-data-0 Edited October 11, 2016 by Highmark Quote Link to comment Share on other sites More sharing options...
Anler Posted October 11, 2016 Share Posted October 11, 2016 1 minute ago, Highmark said: Read more slowly. I am part of the group they constantly say does not pay their fair share. I will be hit by increased taxes under Hillary's plan. Sure I could avoid some taxes like MC but my accountant and tax attorney always like to play it safe. That is starting to change. Its also bullshit saying all the rich, even the ultra wealthy ones don't pay taxes. Well we both know thats bullshit because we are most likely both in the top tax brackets. Its the mega millionaires and billionaires who arent paying taxes. And that should anger you, Because they are taking advantage of things that enable them to be successful and they arent contributing. Things that you and i have contributed to. Quote Link to comment Share on other sites More sharing options...
Rod Posted October 11, 2016 Share Posted October 11, 2016 It's fine when democrats do it Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 11, 2016 Author Platinum Contributing Member Share Posted October 11, 2016 Just now, Anler said: Well we both know thats bullshit because we are most likely both in the top tax brackets. Its the mega millionaires and billionaires who arent paying taxes. And that should anger you, Because they are taking advantage of things that enable them to be successful and they arent contributing. Things that you and i have contributed to. Dude, my facts come from the IRS. The top .1% (of which I'm not in) earn 11.2% of the adjusted gross income in our country yet pay 18.6% of individual income taxes. While they did pay a slightly lower % than the top 1% it was still close to 22%. See table 8 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 11, 2016 Share Posted October 11, 2016 4 minutes ago, Anler said: Well we both know thats bullshit because we are most likely both in the top tax brackets. Its the mega millionaires and billionaires who arent paying taxes. And that should anger you, Because they are taking advantage of things that enable them to be successful and they arent contributing. Things that you and i have contributed to. So who is going to stop that, it won't be Trump or Hillary. The only thing they will do in increase tax rates and hit the middle class more. Quote Link to comment Share on other sites More sharing options...
Anler Posted October 11, 2016 Share Posted October 11, 2016 4 minutes ago, Highmark said: Dude, my facts come from the IRS. The top .1% (of which I'm not in) earn 11.2% of the adjusted gross income in our country yet pay 18.6% of individual income taxes. While they did pay a slightly lower % than the top 1% it was still close to 22%. See table 8 Here we go again.... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 11, 2016 Author Platinum Contributing Member Share Posted October 11, 2016 (edited) 3 hours ago, Anler said: Here we go again.... We are going nowhere. I'm providing facts. Sure some mega wealthy both legally and illegally avoid taxes but the facts from the IRS are clear. You have NOTHING to show for your opinion. In 2012 136,000 tax filers of the top .1% paid $220,000,000,000 in taxes. That averages $1,618,000 per return. You needed to earn a bit over $2.1 million to be considered in the top .1%. For every guy like Trump writing losses forward to not pay taxes another person is taking it in the ass as they don't have a legal method to avoid them. Edited October 11, 2016 by Highmark Quote Link to comment Share on other sites More sharing options...
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