Wednesday, September 21, 2011

Buffett Rule

Have you wondered how much money the Buffett rule would bring in? How quickly it would cut the deficit? Turns out, not so much. It's just politics. Warren Buffett is a hypocrite, he's quibbling now about how much money he owes for back taxes, and if he really wanted to pay more, all he need do is to write a check. It's simple. He can pay more if he wants to, and he knows it.

But, if the Buffett rule were imposed, how quickly would it close the deficit?


Yeah, like that's going to help.

3 comments:

Old NFO said...

Um.... yeah, about like the taxes on corporate jets...

Anonymous said...

Yeah, and how much will Buffet benefit? Buffet ain't no fool; somehow he's going to bank a few billion off this ruse.

Steve

Anonymous said...

I can't help but suspect that Mr Buffet is beginning to suffer from early onset Alzheimer's disease.

In my experience people start to do silly things long before it becomes obvious that they have a serious problem.

I have an elderly cousin that built two houses for sale several years ago. She built them on lots that no other builder though were good lots. Now she is in assisted living having been diagnosed with Alzheimer's.