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Forum: Business, Finance, and Investing 11-15-2007, 03:10 PM
Replies: 83
Views: 390
Posted By maxtower
Re: Warren Buffet\'s Stance on Taxes

Bottom line - the government needs tax revenue to spend on whatever it thinks is important. Theft or not, fair or not, the government is going to collect.

Estate taxes are a good source of income...
Forum: Business, Finance, and Investing 11-15-2007, 12:31 PM
Replies: 83
Views: 390
Posted By maxtower
Re: Warren Buffet\'s Stance on Taxes

I changed my avatar. I had just linked to some random picture on the internet, so I hope that didn't cause anyone to get a virus.
Forum: Business, Finance, and Investing 11-13-2007, 06:30 PM
Replies: 83
Views: 390
Posted By maxtower
Re: Warren Buffet\'s Stance on Taxes

FICA limit:
The 6% you pay in social security taxes is only on the first 95k you earn as an employee. Someone who earns 150k will pay 6% on the first 95k, and 0% on the remaining 55k, for an...
Forum: Business, Finance, and Investing 11-13-2007, 06:14 PM
Replies: 83
Views: 390
Posted By maxtower
Re: Warren Buffet\'s Stance on Taxes

I meant more in the same terms as Buffett, percentage of income.
Forum: Business, Finance, and Investing 11-13-2007, 05:00 PM
Replies: 83
Views: 390
Posted By maxtower
Re: Warren Buffet\'s Stance on Taxes

Ok, so we're not lowering taxes anywhere to offset an increase to the rich. Well I would be against that.

I guess I don't understand what you are asking then.
Forum: Business, Finance, and Investing 11-13-2007, 04:52 PM
Replies: 83
Views: 390
Posted By maxtower
Re: Warren Buffet\'s Stance on Taxes

CF, I think it would help if you stated your position, rather than just saying that mine is sad. Why is it sad that I want to pay less taxes? Do you want to pay more?
Forum: Business, Finance, and Investing 11-13-2007, 04:38 PM
Replies: 83
Views: 390
Posted By maxtower
Re: Warren Buffet\'s Stance on Taxes

I think most people would prefer if the rich at least paid the same taxes as the poor and middle class. There are a lot others who would be in favor of higher taxes on the rich than the poor.

I...
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