Cite please.

That's what I thought, you're making **** up again, aren't you?

I buy expensive suits, they just look cheap on me.

https://ca.news.yahoo.com/fact-check...ial%20security.


Billionaires and their companies. Excuse me.


“If all 100 paid the same tax rate as Buffett's Berkshire-Hathaway, it would result in more than $2 Trillion in tax revenue for the U.S. Government, or nearly half of all tax revenue that currently comes into the U.S. Treasury.

Of course, a number of those companies do pay some sort of taxes already, but if you took the top 800 companies as Buffett suggests, it is possible that deficit spending could be greatly reduced, while eliminating taxes paid by citizens.”



Inb4 you guys realize billionaires control companies through stocks and other companies.

You guys don’t think millionaires and poor people own the companies do you?

Lol.

Do you think the companies belong to nobody?

My god you are clueless. The companies you are talking about are public, they belong to their stockholders.

Oh boy. Who owns the stocks?

What % of shares in the stock market are controlled by billionaires?

What about keeping the blowjob healthcare dept private so people can compete for better blowjobs while taxing that money at a higher rate to pay for the reparations of the recipients of slaves.

Do you understand the difference between a person paying income or capital gains taxes and a corporation paying corporation taxes?

I don't know how it is in the US, but in the UK big companies' major shareholders are often pension funds, acting in the interests of fairly ordinary people.

What has happened here is that PW, being completely clueless about how both numbers and taxes work, made one of his usual arrogant, condescending declarations and, when called on it, doubled down by attributing it to Warren Buffet, and linking a source that literally states "false - that is not what Warren Buffet said". The man is nothing short of a forum posting genius.

Other way round works better. What percentage of billionaires wealth isn't income.

Oh dear. How very unfortunate.

Got to give the poor soul some credit for the screen name though.

There are many ways to avoid paying taxes and cloud who is responsible for a company

I'll take that as a "no".

Warren Buffett often claims very rich people pay a marginal income tax rate lower than normally wealthy people, and under some semantic agreement that can be true (it's all about capital gain and how you see them).

That has NOTHING to do with the absurd idea that taxing billionaires a lot would cover all government expenses.

Which is a ******ed objectively false claim

One of his claims is actually a Buffett claim (that billionaires pay less taxes than normally wealthy people).

The others aren't. He is just confused tbh

I am well aware of what Buffet has to say on the matter, and it wasn't one of PW's claims, or if it was, it wasn't the one to which I responded,