State of the Union

Discussion in 'The Thunderdome' started by kptvol, Jan 24, 2012.

  1. kptvol

    kptvol Super Moderator

    Makes me want to vomit. How many damn times do I have to hear about [uck fay]ing Warren Buffet's secretary?
     
  2. IP

    IP Super Moderator

    Catching the replay now. Did he just make out with Giffords?
     
  3. CardinalVol

    CardinalVol Uncultured, non-diverse mod

    Didn't watch. Initial response is glad I didn't.
     
  4. Volst53

    Volst53 Super Moderator

    I can understand why business people with shit tons of money don't mind paying higher taxes. They already have their money, and that keeps smaller people from popping up to cut into their markets.

    Also Warren Buffet would be the last person I'd talk to about others paying their "fair" share.
     
  5. CardinalVol

    CardinalVol Uncultured, non-diverse mod

    I'm about convinced that he and this administration have cut a deal where he will be the spokesman for higher taxes if the administration will do certain things that are in his best interests (see Keystone Pipeline).
     
  6. golfballs03

    golfballs03 New Member

    He stands to make far more with his political capital (ie Obama rejected the Keystone deal) than he would lose paying a higher tax rate.
     
  7. bigpapavol

    bigpapavol Chieftain

    on his way to the top of the heap, Buffett ran from taxes at every single opportunity and even made up some new reasons.
     
  8. justingroves

    justingroves supermod

    The overwhelming majority of business men/women do that. I don't fault anybody that uses tax loopholes to their advantage.
     
  9. droski

    droski Traffic Criminal

    i bet his secretary makes more money than the overwelming majority of americans. i'd be shocked if it was less than 6 figures. i'd love to know her salary. hopefully someone will find it out.
     
  10. CardinalVol

    CardinalVol Uncultured, non-diverse mod

    You've got to think the there are some GOP party interns tasked with this one and only task in national and Nebraska HQ.
     
  11. droski

    droski Traffic Criminal

    probably. don't tell me the second richest man in teh world's executive assistant is making $30K a year or something. Every time I see this it pisses me off. Particurally considering buffett taking full advantage of the charitable deduction and specifically designing it to lower his current taxes. as though the typical rich person is giving away 10% of his net worth every year.
     
    Last edited: Jan 25, 2012
  12. JayVols

    JayVols Walleye Catchin' Moderator

    What do you all think of the proposal to not give tax breaks for outsourcing jobs and giving more tax breaks to those that create jobs at home?

    I have been an advocate of this idea for years.
     
  13. droski

    droski Traffic Criminal

  14. JayVols

    JayVols Walleye Catchin' Moderator

    That point could be made from either position. If the intended result of tax cuts is job creation, tie the two together. Don't hope that's what will happen.
     
  15. droski

    droski Traffic Criminal

    easier said than done in my opinion. you can't force people to go out and hire people they wouldn't have hired otherwise. personally my guess is this type of tax credit would mostly just benefit those who would have hired anyway. of course i'm sure the administration would count 100% of them as new jobs created by the tax credits.
     
  16. CardinalVol

    CardinalVol Uncultured, non-diverse mod

    At the end of the day, it's probably still cheaper (and in many cases more efficient) for a company to ship these jobs overseas, even with tax credits.
     
  17. droski

    droski Traffic Criminal

    that's my thought as well cardinalvol. the key is to start training people from HS for non easily outsourced jobs rather than trying to keep jobs where americans aren't just competitive. history has proven that new industries will pop up to replace ones moved overseas. we need to make sure people are trained for those rather than trying to keep $20 an hour manufacturing jobs.
     
  18. CardinalVol

    CardinalVol Uncultured, non-diverse mod

    Agreed 100%. Goes back to a point I made in another thread. It's up to state and local governments more than the feds to do this.

    Also, a common phrase in my line of work is "Don't let the tax tail wag the dog."
     
  19. Volst53

    Volst53 Super Moderator

    You have to overhaul public education first
     
  20. droski

    droski Traffic Criminal

    it's energy that obama needs to focus on if he really wants to generate jobs. blocking the canadian pipeline is a great way to kill job growth. god forbid we generate thousands of high paying jobs.
     

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