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re: Interesting Article from the Oracle of Ohama

Posted on 10/17/08 at 11:30 am to
Posted by igoringa
South Mississippi
Member since Jun 2007
11876 posts
Posted on 10/17/08 at 11:30 am to
quote:

Buffett thinks he should pay more taxes on his spending income, not gross income. His message is not hypocritical, you just aren't comprehending it correctly.


I can comprehend when someone says he should pay more in taxes and does not. Calculating a MINIMUM tax liability does not mean that is all you can pay. He is a big boy, he knows that... yet seems to conveniently ignore it along with his other 'we want to pay more' friends. Right the check or you are a hypocrite.

He has the power to pay to the penny what he wants to as long as it is above his minimum tax liability.
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