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> Warren Buffett says he will drive people to the polls to vote for Hillary

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#1 2016-08-02 00:31:03

Warren Buffett says he will drive people to the polls to vote for Hillary

http://www.nbcbayarea.com/news/national … 76852.html

Wants those SWEET TAXPAYER DOLLARS

Remember when he got that sweet Goldman Sachs deal as part of the bailout. Guy knows who butters his bread.

His personal tax rate? Basically Zero.

Well, he complains that his tax rate is lower than his secretaries. But the guy doesn't make money in income, he makes it from stock going up. Then he does deal outside the country to avoid paying taxes.

So, he's all for an income tax increase for middle america. Why? Because its an INCOME tax. Billionaires don't have income.

The Democrats are the party of the oligarchy. Google, Facebook, Buffett, Gates.. they all avoid taxes and LOVE Obama and Hillary because of it.

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#2 2016-08-02 00:32:01

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

We are all fuqed if Clinton gets elected.

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#3 2016-08-02 00:35:26

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

WTF would happen if Trump came out and said fuqit, Billionaire tax - Over $20 billion in assets = Gov't's.  lol

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#4 2016-08-02 00:38:40

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

This is outrageous. No billionaire should be allowed to hold a position of power in this country ever again.

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#5 2016-08-02 02:03:25

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

WTF would happen if Trump came out and said fuqit, Billionaire tax - Over $20 billion in assets = Gov't's.  lol

He said before he supported a one time billionaires tax. 5% or 10% on all assets to pay down the national debt.

One of the reasons billionaires are freaked out. They will do anything not to pay. Even drive people to the polls.

Buffett laffs at the average person because he knows the game. He screeches about income tax and the people eat it up. They are too stupid to understand that billionaires don't have income so the income tax is completely meaningless to them.

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#6 2016-08-02 02:10:22

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

cluephone Sanity calling baggers on line 1: You can't possibly piss and moan about billionaires when you've just nominated one for president.

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#7 2016-08-02 02:42:39

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

And yet stories are coming out saying Trump isn't a billionaire and has no money. hmmm

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#8 2016-08-02 03:02:38

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

cluephone Sanity calling baggers on line 1: You can't possibly piss and moan about billionaires when you've just nominated one for president.

Clintons are worth billions as well, tardo.

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#9 2016-08-02 10:32:27

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

Clintons are worth billions as well, tardo.

Seeing as the Clintons have released their tax records as every responsible candidate should, the only question is whether you are a liar or simply ignorant. With a bagger it's tough to tell.

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PuppetMaster
#10 2016-08-02 13:47:25

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

http://www.nbcbayarea.com/news/national-international/Warren-Buffett-Hillary-Clinton-Omaha-Rally-388876852.html

Wants those SWEET TAXPAYER DOLLARS

Remember when he got that sweet Goldman Sachs deal as part of the bailout. Guy knows who butters his bread.

His personal tax rate? Basically Zero.

Well, he complains that his tax rate is lower than his secretaries. But the guy doesn't make money in income, he makes it from stock going up. Then he does deal outside the country to avoid paying taxes.

So, he's all for an income tax increase for middle america. Why? Because its an INCOME tax. Billionaires don't have income.

The Democrats are the party of the oligarchy. Google, Facebook, Buffett, Gates.. they all avoid taxes and LOVE Obama and Hillary because of it.

I'm a Trump voter, and I agree with what you are saying, but why do you say that billionaires "don't have income"? They very much do have income.

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#11 2016-08-02 13:49:54

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

I would be all about getting a lift in a sweet billionaire ride, but Warren Buffet probably drives a Toyota or a Ford.  thumbdown

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bikingbill
#12 2016-08-02 14:34:39

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

This is outrageous. No billionaire should be allowed to hold a position of power in this country ever again.

SandersSideEye.jpg

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Tom Leykis
#13 2016-08-02 14:42:46

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

We are all fuqed if Clinton gets elected.

It's this simple:  If you want the United States to enjoy the Islamic invasion you now see in Europe, vote for Clinton.

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#14 2016-08-02 14:43:20

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

bikingbill wrote:

SandersSideEye.jpg

Your hero Sanders got owned by the crookedness of your party, dumbass.

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bikingbill
#15 2016-08-02 14:43:47

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

Your hero Sanders got owned by the crookedness of your party, dumbass.

pretty much

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#16 2016-08-02 15:02:44

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

I'd catch a ride and vote for Trump.

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#17 2016-08-02 15:08:29

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

"If you're not catching flak you're not over the target"

So the average person who works and pays taxes is supporting Trump and the entrenched parasite class from the crackhead right up to the billionaires are terrified of a Trump presidency taking their cozy scams away.

Some decisions are difficult but this isn't one of them.

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#18 2016-08-02 15:21:02

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

PuppetMaster wrote:

I'm a Trump voter, and I agree with what you are saying, but why do you say that billionaires "don't have income"? They very much do have income.

No, billionaires do not have income.

Here's how it works. Let's say you start a company, you're the CEO. You get 1 billion in stock. Company goes public.

Do you have any income? No. Stock gains aren't income. Stock gains are untaxed until they are sold and then it is capital gains, not income.

Now lets say the company makes $100MM in profit. You tell the US government the company didn't make any money. Why? Because the IP is all owned in a foreign country where there are no taxes. Your US company pays your company in the foreign company $100MM that year for the right to use the IP (patents and such).

The US company now has an income of zero even though all your sales were in the US. The untaxed foreign company has a tax bill on $100MM but the tax rate is zero so there are no taxes. You keep the $100MM outside the country.

http://www.taxjusticeblog.org/archive/2 … e_from.php

Ok, so now your company doesn't pay taxes. How do you get paid as the CEO and not pay taxes so you can buy your yots? You do want some money.

Easy, you borrow money against your stock holdings

http://www.cnbc.com/id/49194482 [Highly Credible Source (Liberal)]

You don't have to sell anything so not only is there no income tax, there's no capital gains tax.

Now, if you do actually sell stock, it is capital gains. Not income. So, when the income tax rate goes up, you don't give a fuq.

For income tax, what are these guy's income?

http://www.investopedia.com/ask/answers … google.asp

One dollar.

Warren Buffet's salary last year was $100,000.

He has a net worth of 63 billion. It has gone up billions over the last few years. No tax on any of it.

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#19 2016-08-02 15:25:56

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

He has a net worth of 63 billion. It has gone up billions over the last few years. No tax on any of it.

And he has pledged to give all of it to charity.

Another thoughtless self-centered libbie billionaire. mad

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bikingbill
#20 2016-08-02 16:05:55

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

Do you have any income? No. Stock gains aren't income. Stock gains are untaxed until they are sold and then it is capital gains, not income.

Really?  Capital Gains taxes are paid on your holdings, even if you don't sell.  Do you not know this?

In the United States, with certain exceptions, individuals and corporations pay income tax on the net total of all their capital gains. Short-term capital gains are taxed at a higher rate: the ordinary income tax rate. The tax rate for individuals on "long-term capital gains", which are gains on assets that have been held for over one year before being sold

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#21 2016-08-02 16:06:55

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

We are all fuqed if Clinton gets elected.
\
gayness

You get fuqed regardless of who's in office you fuqing faggot.

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#22 2016-08-02 16:55:57

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

No, billionaires do not have income.

Here's how it works. Let's say you start a company, you're the CEO. You get 1 billion in stock. Company goes public.

Do you have any income? No. Stock gains aren't income. Stock gains are untaxed until they are sold and then it is capital gains, not income.

Now lets say the company makes $100MM in profit. You tell the US government the company didn't make any money. Why? Because the IP is all owned in a foreign country where there are no taxes. Your US company pays your company in the foreign company $100MM that year for the right to use the IP (patents and such).

The US company now has an income of zero even though all your sales were in the US. The untaxed foreign company has a tax bill on $100MM but the tax rate is zero so there are no taxes. You keep the $100MM outside the country.

http://www.taxjusticeblog.org/archive/2 … e_from.php

Ok, so now your company doesn't pay taxes. How do you get paid as the CEO and not pay taxes so you can buy your yots? You do want some money.

Easy, you borrow money against your stock holdings

http://www.cnbc.com/id/49194482 [Highly Credible Source (Liberal)]

You don't have to sell anything so not only is there no income tax, there's no capital gains tax.

Now, if you do actually sell stock, it is capital gains. Not income. So, when the income tax rate goes up, you don't give a fuq.

For income tax, what are these guy's income?

http://www.investopedia.com/ask/answers … google.asp

One dollar.

Warren Buffet's salary last year was $100,000.

He has a net worth of 63 billion. It has gone up billions over the last few years. No tax on any of it.

Damn. No wonder these rich fuqers want crooked Hillary.

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Phillip_McCavity
#23 2016-08-02 17:23:53

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

wrote:

No, billionaires do not have income.

Here's how it works. Let's say you start a company, you're the CEO. You get 1 billion in stock. Company goes public.

Do you have any income? No. Stock gains aren't income. Stock gains are untaxed until they are sold and then it is capital gains, not income.

Now lets say the company makes $100MM in profit. You tell the US government the company didn't make any money. Why? Because the IP is all owned in a foreign country where there are no taxes. Your US company pays your company in the foreign company $100MM that year for the right to use the IP (patents and such).

The US company now has an income of zero even though all your sales were in the US. The untaxed foreign company has a tax bill on $100MM but the tax rate is zero so there are no taxes. You keep the $100MM outside the country.

http://www.taxjusticeblog.org/archive/2 … e_from.php

Ok, so now your company doesn't pay taxes. How do you get paid as the CEO and not pay taxes so you can buy your yots? You do want some money.

Easy, you borrow money against your stock holdings

http://www.cnbc.com/id/49194482 [Highly Credible Source (Liberal)]

You don't have to sell anything so not only is there no income tax, there's no capital gains tax.

Now, if you do actually sell stock, it is capital gains. Not income. So, when the income tax rate goes up, you don't give a fuq.

For income tax, what are these guy's income?

http://www.investopedia.com/ask/answers … google.asp

One dollar.

Warren Buffet's salary last year was $100,000.

He has a net worth of 63 billion. It has gone up billions over the last few years. No tax on any of it.

If course he is taxed. He pays 15% on all long term gains, and he pays income tax on short term gains. I bet he also gets some 1099s for speaking fees and other items.

When someone owns a corporation, you also have to look at the taxes that corporation pays, because that decreases the stock price of the owner.

As for his net worth, most of that is unrealized stock gains. That isn't money in his bank account.

https://en.wikipedia.org/wiki/List_of_a … e_Hathaway

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#24 2022-12-01 18:20:10

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

lol

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#25 2022-12-01 18:34:43

Re: Warren Buffett says he will drive people to the polls to vote for Hillary

And he just got a nice monetary gift from the Democrats while the workers who voted for Biden and against their best interests got fuqed.  snicker

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