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Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19222  
Subject: Re: that was fun. Date: 12/14/2008 2:53 PM
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Telegraph, the day you do half as much percentagewise, as Buffet is doing for others by donating huge sums to Gates Foundation,( mostly for health)..I'll listen to something you say. Buffet is not a greedy man."

You'll note that Buffet is donating to the Bill and Melinda Gates foundation TENS of billions of dollars.

And not in VERY BIG LETTERS that it is all tax exempt. He is not paying a dime in federal or local taxes on all the appreciation of all the stocks he has owned for decades.

He knows that the feds have very sticky fingers, and that tax money is used very inefficiently, via corrupt pork barrel projects and special interest programs, benefitting not the lower or middle classes.....

"As you appear to resent any dime taken out of your hard earned retirement..( very early retirement, but all your hard work..etc) you are the last person who ought to sneer at the contributions/ donations of others."

Buffet has several choices. He can leave 55% of his estate to the tax man.

Or, he can cheat the tax man out of tens of billions and give it to 'charity' tax free.

Meanwhile, YOU and I are paying taxes because he has elected not to voluntarily pay a dime in extra taxes.

Same for Biden (D) and the other Hollywood ilk liberals.

"A universal health care system might have faults but at least everyone would have a chance at health care."

Like I said, if Buffet simply SOLD his stock, paid the taxes on it he owes, that would likely fund enough of a program to provide health care for the unisured for a year alone. If GATES sold his stock , that would fund another year......

But no...they don't pay a dime in taxes, and 'donate' it all tax free....... (your rules)....

Meanwhile, you and I pay, pay, and pay.

They aren't dumb!

The libs who think they are going to get more tax money out of the top 1% (the Bill GAtes, Larry Elisons, WArren Buffets of the world) are out of their minds.....

It will be the middle class that gets socked with tax increases. The working folks.

Hasn't it dawned on you that 'the rich' pay very little percentage wise?
And it will never change?

t.
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