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Nairaland Forum / Nairaland / General / Business / Warren Buffet Says To Congress, "Stop Coddling The Super-rich'' (1305 Views)
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Warren Buffet Says To Congress, "Stop Coddling The Super-rich'' by zenatta: 7:14pm On Aug 15, 2011 |
I find it rather weird that the American Congress ( and Law-makers the world over), would 'coddle' the Mega-rich and yet cudgel the Poor into their graves. Warren Buffett the third wealthiest man in the world has offered to pay more tax and hopes his fellow super-rich peers would do same. This is not the first time that we hear of the exploits of Buffett a man who once said "to be fearful when others are greedy, and to be greedy only when others are fearful'' He blazes the trail in the concerns of the Poor and is held in awe the world over. In this new development He editorializes in the New-York Times, saying " Our leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched". Bravissimo and some Chutzpah you may say. The man wants to pay hefty taxes to shield the poor. , "This cut helps the poor and the middle class, who need every break they can get", he writes. He wants Congress to stop coddling the Super-rich. Read more from the New-York Times article. Wish our rich would learn from here to give back. http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html?src=tp 1 Like |
Re: Warren Buffet Says To Congress, "Stop Coddling The Super-rich'' by zenatta: 7:38pm On Aug 15, 2011 |
Warren Buffett opines, "My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice" This is no hoax, he is not eligible to contest for President and he has a pedigree of philanthropy. He means everything He says. Naturally he will be criticized but such gallantry is unprecedented. What life's experiences would get a man to this unselfish level. He is no doubt a hero. He calls Washington to attention on tax justice, "While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks". Amazing! He refuses to be a sacred cow, "These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places". He decries the indulgence and wants to give back. At this point I am jealous and pained. Would this ever happen in my country, I muse hopelessly |
Re: Warren Buffet Says To Congress, "Stop Coddling The Super-rich'' by Seun(m): 7:49pm On Aug 15, 2011 |
He doesn't want anyone else to grow rich like he did. Not even his children. His argument is nonsense. |
Re: Warren Buffet Says To Congress, "Stop Coddling The Super-rich'' by donguutti: 8:16pm On Aug 15, 2011 |
Seun:maybe u should READ the full article on Bloomberg.com, he was just trying to say that the super rich in america pay less percentage of their income in taxes than the middle class, he gave examples and figures, but hey ur entitled to ur opinion. 1 Like |
Re: Warren Buffet Says To Congress, "Stop Coddling The Super-rich'' by Seun(m): 8:37pm On Aug 15, 2011 |
I think Warren Buffett is just trying to score cheap political points, but don't take my word for it. Here's what Forbes Magazine has to say about Warren Buffett's "very strange tax argument": Warren Buffett’s got a piece in the New York Times today. A piece in which he makes a very strange claim about the rate of tax that he pays. http://www.forbes.com/sites/timworstall/2011/08/15/warren-buffetts-very-strange-tax-argument/ 1 Like 1 Share |
Re: Warren Buffet Says To Congress, "Stop Coddling The Super-rich'' by donguutti: 9:09pm On Aug 15, 2011 |
seun maybe u should stop reading that guy go to the comments to see that he got his calculations wrong, secondly Berkshire hathaway doesn't pay dividends ,never has, and comparing america to uk was his first mistake |
Re: Warren Buffet Says To Congress, "Stop Coddling The Super-rich'' by pcp: 9:54pm On Aug 15, 2011 |
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