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If Capitalism had a Hall of Fame....

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Jammer
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Post  Shortie's Ex Thu Aug 02, 2018 9:29 am

Jammer wrote:

JACKOFF JONES - YOU ARE A LYING ASSHOLE HYPOCRITE
LOOK HOW YOUR LIBERAL ELITISTS ARE DOING

It is sickening to listen to the useless morons rant about the evils of capitalism and the greedy rich conservatives who make huge sums of money while the poor struggle to make a living wage.  Today’s headlines tell a different story from what the lying liberal Jackoff Jones is always trying to paint.  Take a look at the DISGUSTING LIBERALS MAKING BILLIONS OF DOLLARS all the while their minions scream about HARD WORKING CONSERVATIVES being the greedy Americans and not wanting to pay more in taxes to help subsidize their parasitic lifestyles.

AFA the politics of Jeff Bezos, you will find many accounts which classify him as "right wing libertarian" - socially liberal, but in favor of business and privatization (sounds like a good South Dakota RepubIican!).

You criticize his stance on social issues. 
But TBH, Jeff Bezos probably quaifies as a candidate as a member of Dr Evil's Capitalism Hall of Fame.  Because of the way that Amazon benefits from government policy - business and tax policy; the enormous wealth that Bezos gains as a stockholder of Amazon; the contribution of his personal situation to to wealth inequality in the US; not to mention the anti-competitive and anti-worker business practices of Amazon.
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Post  Darth Cheney Fri Aug 03, 2018 8:24 pm

Shortie's Ex wrote:
Jammer wrote:

JACKOFF JONES - YOU ARE A LYING ASSHOLE HYPOCRITE
LOOK HOW YOUR LIBERAL ELITISTS ARE DOING

It is sickening to listen to the useless morons rant about the evils of capitalism and the greedy rich conservatives who make huge sums of money while the poor struggle to make a living wage.  Today’s headlines tell a different story from what the lying liberal Jackoff Jones is always trying to paint.  Take a look at the DISGUSTING LIBERALS MAKING BILLIONS OF DOLLARS all the while their minions scream about HARD WORKING CONSERVATIVES being the greedy Americans and not wanting to pay more in taxes to help subsidize their parasitic lifestyles.

More lies and purposeful deception by the Bloviator in Chief here at JSI.

Warren Buffet pays income taxes (nearly $1.9M for 2015, 16% effective rate; indicates that his tax rate is lower than anyone else in his office including his secretary; argues that tax code coming out of Washington should require for him to pay more).

And he gives mightily to charity - more than $2.85B for 2015, a very small portion as deductible on his income tax bill.
CNN Money wrote:"The total charitable contributions I made during the year were $2,858,057,970, of which more than $2.85 billion were not taken as deductions and never will be. Tax law properly limits charitable deductions."

https://money.cnn.com/2016/10/10/pf/taxes/warren-buffett-trump-taxes/index.html

Leftists really are morons...

Tax rates are the same for every American except societal slugs who not only don't pay anything but actually receive check from Big Daddy government as a reward for being worthless. Buffet gets to claim deductions and losses like everyone else. He has created his wealth by maximizing his investments for his investors and himself. If that means he structures HIS assets to keep more of HIS hard earned money so be it. His investments are worth Billions, which also pays taxes liberals don't mention, and he is actually very frugal on what he takes out as income. He plays by the same rules every American plays by established by liberal politicians. If he pays less than his secretary who the hell cares...it is his money not the benevolent feral governments. His numerous business holdings pay millions upon millions in taxes to support lazy leftists. I wish there was a way to let them starve to death without stinking up the streets. Stop being morons and educate yourselves.
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Post  Jammer Fri Aug 03, 2018 8:48 pm

Darth Cheney wrote:
Shortie's Ex wrote:
Jammer wrote:

JACKOFF JONES - YOU ARE A LYING ASSHOLE HYPOCRITE
LOOK HOW YOUR LIBERAL ELITISTS ARE DOING

It is sickening to listen to the useless morons rant about the evils of capitalism and the greedy rich conservatives who make huge sums of money while the poor struggle to make a living wage.  Today’s headlines tell a different story from what the lying liberal Jackoff Jones is always trying to paint.  Take a look at the DISGUSTING LIBERALS MAKING BILLIONS OF DOLLARS all the while their minions scream about HARD WORKING CONSERVATIVES being the greedy Americans and not wanting to pay more in taxes to help subsidize their parasitic lifestyles.

More lies and purposeful deception by the Bloviator in Chief here at JSI.

Warren Buffet pays income taxes (nearly $1.9M for 2015, 16% effective rate; indicates that his tax rate is lower than anyone else in his office including his secretary; argues that tax code coming out of Washington should require for him to pay more).

And he gives mightily to charity - more than $2.85B for 2015, a very small portion as deductible on his income tax bill.
CNN Money wrote:"The total charitable contributions I made during the year were $2,858,057,970, of which more than $2.85 billion were not taken as deductions and never will be. Tax law properly limits charitable deductions."

https://money.cnn.com/2016/10/10/pf/taxes/warren-buffett-trump-taxes/index.html

Leftists really are morons...

Tax rates are the same for every American except societal slugs who not only don't pay anything but actually receive  check from Big Daddy government as a reward for being worthless. Buffet gets to claim deductions and losses like everyone else. He has created his wealth by maximizing his investments for his investors and himself. If that means he structures HIS assets to keep more of HIS hard earned money so be it. His investments are worth Billions, which also pays taxes liberals don't mention, and he is actually very frugal on what he takes out as income. He plays by the same rules every American plays by established by liberal politicians. If he pays less than his secretary who the hell cares...it is his money not the benevolent feral governments. His numerous business holdings pay millions upon millions in taxes to support lazy leftists. I wish there was a way to let them starve to death without stinking up the streets. Stop being morons and educate yourselves.

Well one of the parts of the tax code that Buffet uses that most taxpayers don’t is the charitable donation carry-forward feature.  He often gives large sums of money which exceeds the amount of deduction that he can claim in that year.  Because he donates appreciated stock (capital gains), his deductions are only allowed to 30% of his adjusted gross income.  However, the amount that cannot be deducted can be carried forward for up to 5 years and used in future years.



The US Tas Code wrote:   Limitations on Deductions
In general, contributions to charitable organizations may be deducted up to 50 percent of adjusted gross income computed without regard to net operating loss carrybacks.  Contributions to certain private foundations, veterans organizations, fraternal societies, and cemetery organizations are limited to 30 percent adjusted gross income (computed without regard to net operating loss carrybacks), however. Tax Exempt Organization Search uses deductibility status codes  to indicate these limitations.

The 50 percent limitation applies to (1) all public charities (code PC), (2) all private operating foundations (code POF), (3) certain private foundations that distribute the contributions they receive to public charities and private operating foundations within 2-1/2 months following the year of receipt, and (4) certain private foundations the contributions to which are pooled in a common fund and the income and corpus of which are paid to public charities.

The 30 percent limitation applies to private foundations (code PF), other than those previously mentioned that qualify for a 50 percent limitation, and to other organizations described in section 170(c) that do not qualify for the 50 percent limitation, such as domestic fraternal societies (code LODGE).

A special limitation applies to certain gifts of long-term capital gain property.  A discussion of that special limitation may be found in Publication 526, Charitable Contributions.


He tends to be hypocritical often when he claims that he donated a huge sum of money but didn’t claim any or hardly any of it as a deduction.  I suspect that what he is doing is using deductions that he has been carrying forward (and the same 30% limitation still applies) and then doesn’t use the donations for that year because he can not only carry them forward, but they also have a longer “shelf life” as the clock starts ticking on those and he has a full 5 years remaining on them, whereas the prior carry-forward amounts might be about to expire. So, if you hear him claiming that he doesn't take a tax deduction for his charitable contribution in any given year, you need to look at the "fine print".  I suspect he is not telling the whole story.

I have learned to NEVER EVER BELIEVE A LIBERAL – ANY LIBERAL, they are usually not telling you the full truth.
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Post  Shortie's Ex Sat Aug 04, 2018 5:37 pm

Darth Cheney wrote:
Shortie's Ex wrote:
Jammer wrote:

JACKOFF JONES - YOU ARE A LYING ASSHOLE HYPOCRITE
LOOK HOW YOUR LIBERAL ELITISTS ARE DOING

It is sickening to listen to the useless morons rant about the evils of capitalism and the greedy rich conservatives who make huge sums of money while the poor struggle to make a living wage.  Today’s headlines tell a different story from what the lying liberal Jackoff Jones is always trying to paint.  Take a look at the DISGUSTING LIBERALS MAKING BILLIONS OF DOLLARS all the while their minions scream about HARD WORKING CONSERVATIVES being the greedy Americans and not wanting to pay more in taxes to help subsidize their parasitic lifestyles.

More lies and purposeful deception by the Bloviator in Chief here at JSI.

Warren Buffet pays income taxes (nearly $1.9M for 2015, 16% effective rate; indicates that his tax rate is lower than anyone else in his office including his secretary; argues that tax code coming out of Washington should require for him to pay more).

And he gives mightily to charity - more than $2.85B for 2015, a very small portion as deductible on his income tax bill.
CNN Money wrote:"The total charitable contributions I made during the year were $2,858,057,970, of which more than $2.85 billion were not taken as deductions and never will be. Tax law properly limits charitable deductions."

https://money.cnn.com/2016/10/10/pf/taxes/warren-buffett-trump-taxes/index.html

Leftists really are morons...

Tax rates are the same for every American except societal slugs who not only don't pay anything but actually receive  check from Big Daddy government as a reward for being worthless. Buffet gets to claim deductions and losses like everyone else. He has created his wealth by maximizing his investments for his investors and himself. If that means he structures HIS assets to keep more of HIS hard earned money so be it. His investments are worth Billions, which also pays taxes liberals don't mention, and he is actually very frugal on what he takes out as income. He plays by the same rules every American plays by established by liberal politicians. If he pays less than his secretary who the hell cares...it is his money not the benevolent feral governments. His numerous business holdings pay millions upon millions in taxes to support lazy leftists. I wish there was a way to let them starve to death without stinking up the streets. Stop being morons and educate yourselves.

Who cares ?  I think Mr Buffett is indicating that he cares.  
I realize this will be an odd concept for South Dakota knuckle-draggers such as you.  But, there are employers who genuinely care for their employees and desire to treat them well (pssst, it is a competitive advantage in gaining and retaining employees in an ultra-competitive labor market - you know, that free market economy which you claim to embrace). This was a message which was delivered to the dude @ Trail King in Mitchell who retained less than 1% of employees which were brought to him by a state government program.

And I think Mr Buffett is indicating that the policies ('rules' as you state) need to change in order that his effective tax rate is more similar to that of his secretary.
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Post  Shortie's Ex Sat Aug 04, 2018 5:52 pm

Jammer wrote:
Darth Cheney wrote:
Shortie's Ex wrote:
Jammer wrote:

JACKOFF JONES - YOU ARE A LYING ASSHOLE HYPOCRITE
LOOK HOW YOUR LIBERAL ELITISTS ARE DOING

It is sickening to listen to the useless morons rant about the evils of capitalism and the greedy rich conservatives who make huge sums of money while the poor struggle to make a living wage.  Today’s headlines tell a different story from what the lying liberal Jackoff Jones is always trying to paint.  Take a look at the DISGUSTING LIBERALS MAKING BILLIONS OF DOLLARS all the while their minions scream about HARD WORKING CONSERVATIVES being the greedy Americans and not wanting to pay more in taxes to help subsidize their parasitic lifestyles.

More lies and purposeful deception by the Bloviator in Chief here at JSI.

Warren Buffet pays income taxes (nearly $1.9M for 2015, 16% effective rate; indicates that his tax rate is lower than anyone else in his office including his secretary; argues that tax code coming out of Washington should require for him to pay more).

And he gives mightily to charity - more than $2.85B for 2015, a very small portion as deductible on his income tax bill.
CNN Money wrote:"The total charitable contributions I made during the year were $2,858,057,970, of which more than $2.85 billion were not taken as deductions and never will be. Tax law properly limits charitable deductions."

https://money.cnn.com/2016/10/10/pf/taxes/warren-buffett-trump-taxes/index.html

Leftists really are morons...

Tax rates are the same for every American except societal slugs who not only don't pay anything but actually receive  check from Big Daddy government as a reward for being worthless. Buffet gets to claim deductions and losses like everyone else. He has created his wealth by maximizing his investments for his investors and himself. If that means he structures HIS assets to keep more of HIS hard earned money so be it. His investments are worth Billions, which also pays taxes liberals don't mention, and he is actually very frugal on what he takes out as income. He plays by the same rules every American plays by established by liberal politicians. If he pays less than his secretary who the hell cares...it is his money not the benevolent feral governments. His numerous business holdings pay millions upon millions in taxes to support lazy leftists. I wish there was a way to let them starve to death without stinking up the streets. Stop being morons and educate yourselves.

Well one of the parts of the tax code that Buffet uses that most taxpayers don’t is the charitable donation carry-forward feature.  He often gives large sums of money which exceeds the amount of deduction that he can claim in that year.  Because he donates appreciated stock (capital gains), his deductions are only allowed to 30% of his adjusted gross income.  However, the amount that cannot be deducted can be carried forward for up to 5 years and used in future years.



The US Tas Code wrote:   Limitations on Deductions
In general, contributions to charitable organizations may be deducted up to 50 percent of adjusted gross income computed without regard to net operating loss carrybacks.  Contributions to certain private foundations, veterans organizations, fraternal societies, and cemetery organizations are limited to 30 percent adjusted gross income (computed without regard to net operating loss carrybacks), however. Tax Exempt Organization Search uses deductibility status codes  to indicate these limitations.

The 50 percent limitation applies to (1) all public charities (code PC), (2) all private operating foundations (code POF), (3) certain private foundations that distribute the contributions they receive to public charities and private operating foundations within 2-1/2 months following the year of receipt, and (4) certain private foundations the contributions to which are pooled in a common fund and the income and corpus of which are paid to public charities.

The 30 percent limitation applies to private foundations (code PF), other than those previously mentioned that qualify for a 50 percent limitation, and to other organizations described in section 170(c) that do not qualify for the 50 percent limitation, such as domestic fraternal societies (code LODGE).

A special limitation applies to certain gifts of long-term capital gain property.  A discussion of that special limitation may be found in Publication 526, Charitable Contributions.


He tends to be hypocritical often when he claims that he donated a huge sum of money but didn’t claim any or hardly any of it as a deduction.  I suspect that what he is doing is using deductions that he has been carrying forward (and the same 30% limitation still applies) and then doesn’t use the donations for that year because he can not only carry them forward, but they also have a longer “shelf life” as the clock starts ticking on those and he has a full 5 years remaining on them, whereas the prior carry-forward amounts might be about to expire. whew, I gotta' take a breath after reading this rather lengthy run-on sentence from the JSI Bloviator in Chief.  Let's be candid. You suspect nothing.  Just as you really know nothing about the way that a successful man like Mr Buffett thinks and operates.  So, if you hear him claiming that he doesn't take a tax deduction for his charitable contribution in any given year, you need to look at the "fine print".  I suspect he is not telling the whole story.

I have learned to NEVER EVER BELIEVE A LIBERAL – ANY LIBERAL, they are usually not telling you the full truth.

Hey Mr Red Jammer,

You missed this part of the CNN Money piece -
CNN Money wrote:Indeed, Buffett added, "I have paid federal income tax every year since 1944, when I was 13. (Though, being a slow starter, I owed only $7 in tax that year.) I have copies of all 72 of my returns and none uses a carryforward."

72 tax returns and not a single carryforward.
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Post  Darth Cheney Sat Aug 04, 2018 7:38 pm

Shortie's Ex wrote:
Darth Cheney wrote:
Shortie's Ex wrote:
Jammer wrote:

JACKOFF JONES - YOU ARE A LYING ASSHOLE HYPOCRITE
LOOK HOW YOUR LIBERAL ELITISTS ARE DOING

It is sickening to listen to the useless morons rant about the evils of capitalism and the greedy rich conservatives who make huge sums of money while the poor struggle to make a living wage.  Today’s headlines tell a different story from what the lying liberal Jackoff Jones is always trying to paint.  Take a look at the DISGUSTING LIBERALS MAKING BILLIONS OF DOLLARS all the while their minions scream about HARD WORKING CONSERVATIVES being the greedy Americans and not wanting to pay more in taxes to help subsidize their parasitic lifestyles.

More lies and purposeful deception by the Bloviator in Chief here at JSI.

Warren Buffet pays income taxes (nearly $1.9M for 2015, 16% effective rate; indicates that his tax rate is lower than anyone else in his office including his secretary; argues that tax code coming out of Washington should require for him to pay more).

And he gives mightily to charity - more than $2.85B for 2015, a very small portion as deductible on his income tax bill.
CNN Money wrote:"The total charitable contributions I made during the year were $2,858,057,970, of which more than $2.85 billion were not taken as deductions and never will be. Tax law properly limits charitable deductions."

https://money.cnn.com/2016/10/10/pf/taxes/warren-buffett-trump-taxes/index.html

Leftists really are morons...

Tax rates are the same for every American except societal slugs who not only don't pay anything but actually receive  check from Big Daddy government as a reward for being worthless. Buffet gets to claim deductions and losses like everyone else. He has created his wealth by maximizing his investments for his investors and himself. If that means he structures HIS assets to keep more of HIS hard earned money so be it. His investments are worth Billions, which also pays taxes liberals don't mention, and he is actually very frugal on what he takes out as income. He plays by the same rules every American plays by established by liberal politicians. If he pays less than his secretary who the hell cares...it is his money not the benevolent feral governments. His numerous business holdings pay millions upon millions in taxes to support lazy leftists. I wish there was a way to let them starve to death without stinking up the streets. Stop being morons and educate yourselves.

Who cares ?  I think Mr Buffett is indicating that he cares.  
I realize this will be an odd concept for South Dakota knuckle-draggers such as you.  But, there are employers who genuinely care for their employees and desire to treat them well (pssst, it is a competitive advantage in gaining and retaining employees in an ultra-competitive labor market - you know, that free market economy which you claim to embrace). This was a message which was delivered to the dude @ Trail King in Mitchell who retained less than 1% of employees which were brought to him by a state government program.

And I think Mr Buffett is indicating that the policies ('rules' as you state) need to change in order that his effective tax rate is more similar to that of his secretary.

Mr Buffet can pay any amount of taxes he likes, he just has to pay at least the mandated rate set by the IRS. So a dumb ass liberal, but I repeat myself, is saying the liberal Mr. Buffet isn't paying enough taxes but he would like to because the system is unfair. I am sorry I used the term moron to describe your intellect because I was far, far to kind and want to apologize to all the morons out there.
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Post  Jammer Sat Aug 04, 2018 9:21 pm

Darth Cheney wrote:


Mr Buffet can pay any amount of taxes he likes, he just has to pay at least the mandated rate set by the IRS. So a dumb ass liberal, but I repeat myself, is saying the liberal Mr. Buffet isn't paying enough taxes but he would like to because the system is unfair. I am sorry I used the term moron to describe your intellect because I was far, far to kind and want to apologize to all the morons out there.

Dumbass liberals will argue any stupid piece of meaningless minutia they can think of.  They do it for one simple reason, to take everyone's focus off the real issue and thus deceptively advance their EVIL AGENDA.

Conservatives should not believe a single word liberals say about Buffet's tax return unless we see IRS verified copies of the actual tax return, which I have yet to see.  But then I could give a rat's ass about his tax return, so I really haven't looked for it.

What I did stumble across coming right out of the lying liberals deceptive mouth was the following information on Buffet's 2015 tax return.

  Here’s the breakdown of Buffett’s income taxes for 2015, according to the statement:
•Adjusted gross income: $11.6 million
Deductible charitable contributions: $3.5 million
•Total deductions: $5.5 million
•Federal income tax paid: $1.8 million


Interesting amounts under the deduction category.  Taking a $3.5 million charitable tax deduction which would appear to be the maximum allowable deduction under the tax laws seems to be a far cry from the liberal lies of Buffet declining to use the maximum charitable tax deductions.


LIBERALS LIE - THAT IS WHAT THEY DO
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Post  Darth Cheney Sun Aug 05, 2018 6:11 am

Jammer wrote:
Darth Cheney wrote:


Mr Buffet can pay any amount of taxes he likes, he just has to pay at least the mandated rate set by the IRS. So a dumb ass liberal, but I repeat myself, is saying the liberal Mr. Buffet isn't paying enough taxes but he would like to because the system is unfair. I am sorry I used the term moron to describe your intellect because I was far, far to kind and want to apologize to all the morons out there.

Dumbass liberals will argue any stupid piece of meaningless minutia they can think of.  They do it for one simple reason, to take everyone's focus off the real issue and thus deceptively advance their EVIL AGENDA.

Conservatives should not believe a single word liberals say about Buffet's tax return unless we see IRS verified copies of the actual tax return, which I have yet to see.  But then I could give a rat's ass about his tax return, so I really haven't looked for it.

What I did stumble across coming right out of the lying liberals deceptive mouth was the following information on Buffet's 2015 tax return.

  Here’s the breakdown of Buffett’s income taxes for 2015, according to the statement:
•Adjusted gross income: $11.6 million
Deductible charitable contributions: $3.5 million

His secretary must earn some serious cash if she pays more income taxes as the liberals claim.
•Total deductions: $5.5 million
•Federal income tax paid: $1.8 million


Interesting amounts under the deduction category.  Taking a $3.5 million charitable tax deduction which would appear to be the maximum allowable deduction under the tax laws seems to be a far cry from the liberal lies of Buffet declining to use the maximum charitable tax deductions.


LIBERALS LIE - THAT IS WHAT THEY DO
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Post  Jammer Sun Aug 05, 2018 10:42 am

I am sick and tired of these hypocritical lying liberals, they are despicable disgusting scum.  I don’t think I can be tolerant of these assholes any longer.

I think whenever we hear these douche bags bring up this Warren Buffet tax rant, we need to ask them to explain one thing.  Why doesn’t Buffet SELL HIS STOCK, PAY THE TAXES ON THE CAPITAL GAINS AND THEN GIVE THE REMAINDER TO CHARITY?  That would seem to solve everybody’s problems and all the liberal tears could dry up and go away, hopefully along with the dumbass liberals.

Speaking of dumbass liberals going away, has LITTLE JACKOFF JONES finally crawled back under his rock?  Thank God for large favors.
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Post  Shortie's Ex Mon Aug 06, 2018 11:27 am

Darth Cheney wrote:
Jammer wrote:
Dumbass liberals will argue any stupid piece of meaningless minutia they can think of.  They do it for one simple reason, to take everyone's focus off the real issue and thus deceptively advance their EVIL AGENDA.

Conservatives should not believe a single word liberals say about Buffet's tax return unless we see IRS verified copies of the actual tax return, which I have yet to see.  But then I could give a rat's ass about his tax return, so I really haven't looked for it.

What I did stumble across coming right out of the lying liberals deceptive mouth was the following information on Buffet's 2015 tax return.

  Here’s the breakdown of Buffett’s income taxes for 2015, according to the statement:
•Adjusted gross income: $11.6 million
Deductible charitable contributions: $3.5 million

His secretary must earn some serious cash if she pays more income taxes as the liberals claim.
•Total deductions: $5.5 million
•Federal income tax paid: $1.8 million


Interesting amounts under the deduction category.  Taking a $3.5 million charitable tax deduction which would appear to be the maximum allowable deduction under the tax laws seems to be a far cry from the liberal lies of Buffet declining to use the maximum charitable tax deductions.


LIBERALS LIE - THAT IS WHAT THEY DO
This, but yet you not only 'believe', but also pontificate about this.  WTH!  Make up your mind.
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Post  Shortie's Ex Mon Aug 06, 2018 11:39 am

Darth Cheney wrote:
His secretary must earn some serious cash if she pays more income taxes as the liberals claim.

I guess this was your contribution (buried within Mr Red Jammer's quote).  

Liberals do not claim this and neither does Mr Buffett.  He indicates that his effective tax rate is less than his secretary.   Not the total tax obligation as you erroneously indicated with your drivel.

Reading.  And Comprehension. Both are important.
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Post  Shortie's Ex Mon Aug 06, 2018 11:55 am

Jammer wrote:

Dumbass liberals will argue any stupid piece of meaningless minutia they can think of.  They do it for one simple reason, to take everyone's focus off the real issue and thus deceptively advance their EVIL AGENDA.

Conservatives should not believe a single word liberals say about Buffet's tax return unless we see IRS verified copies of the actual tax return, which I have yet to see.  But then I could give a rat's ass about his tax return, so I really haven't looked for it.

What I did stumble across coming right out of the lying liberals deceptive mouth was the following information on Buffet's 2015 tax return.

  Here’s the breakdown of Buffett’s income taxes for 2015, according to the statement:
•Adjusted gross income: $11.6 million
•Deductible charitable contributions: $3.5 million
•Total deductions: $5.5 million
•Federal income tax paid: $1.8 million


Interesting amounts under the deduction category.  Taking a $3.5 million charitable tax deduction which would appear to be the maximum allowable deduction under the tax laws seems to be a far cry from the liberal lies of Buffet declining to use the maximum charitable tax deductions.


LIBERALS LIE - THAT IS WHAT THEY DO
Whaaaaaaat ?

Buffet nor liberals have said this.  
He simply notes (to answer the criticism from hobbits such as you that atack his charitable giving) that he has given more to charity than is the maximum amount which can be deducted.  He has claimed only the maximum amount which is allowed.
 
And he is not crying that the deductions for charitable giving should be expanded.  You missed this detail (as you do frequently) from the prior post:

CNN Money wrote:"The total charitable contributions I made during the year were $2,858,057,970, of which more than $2.85 billion were not taken as deductions and never will be. Tax law properly limits charitable deductions."

https://money.cnn.com/2016/10/10/pf/taxes/warren-buffett-trump-taxes/index.html
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Post  Shortie's Ex Mon Aug 06, 2018 12:51 pm

Mr Red Jammer wrote:I am sick and tired of these hypocritical lying liberals, they are despicable disgusting scum.  I don’t think I can be tolerant of these assholes any longer.

I think whenever we hear these douche bags bring up this Warren Buffet tax rant, we need to ask them to explain one thing.  Why doesn’t Buffet SELL HIS STOCK, PAY THE TAXES ON THE CAPITAL GAINS AND THEN GIVE THE REMAINDER TO CHARITY?  That would seem to solve everybody’s problems and all the liberal tears could dry up and go away, hopefully along with the dumbass liberals.

Speaking of dumbass liberals going away, has LITTLE JACKOFF JONES finally crawled back under his rock?  Thank God for large favors.

Again.  Whaaaaaaaat ?

We need to remember 'who ' it was that introduced the topic of Warren Buffet to this thread:

Mr Red Jammer wrote:

JACKOFF JONES - YOU ARE A LYING ASSHOLE HYPOCRITE
LOOK HOW YOUR LIBERAL ELITISTS ARE DOING

It is sickening to listen to the useless morons rant about the evils of capitalism and the greedy rich conservatives who make huge sums of money while the poor struggle to make a living wage.  Today’s headlines tell a different story from what the lying liberal Jackoff Jones is always trying to paint.  Take a look at the DISGUSTING LIBERALS MAKING BILLIONS OF DOLLARS all the while their minions scream about HARD WORKING CONSERVATIVES being the greedy Americans and not wanting to pay more in taxes to help subsidize their parasitic lifestyles.

https://www.marketwatch.com/story/amazons-jeff-bezos-has-to-spend-28-million-a-day-just-to-keep-from-getting-richer-2018-08-01

https://www.marketwatch.com/story/warren-buffett-likely-made-more-than-26-billion-today-thanks-to-soaring-apple-shares-2018-08-01

Mr Red Jammer, you are having difficulty in keeping track of your own lies and deceptions.  This is typical when you suffer from RSDS*  and your existence is built on lies and deception.




*   Red Sparrow Derangement Syndrome
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Post  Darth Cheney Mon Aug 06, 2018 5:46 pm

Shortie's Ex wrote:
Darth Cheney wrote:
His secretary must earn some serious cash if she pays more income taxes as the liberals claim.

I guess this was your contribution (buried within Mr Red Jammer's quote).  

Liberals do not claim this and neither does Mr Buffett.  He indicates that his effective tax rate is less than his secretary.   Not the total tax obligation as you erroneously indicated with your drivel.

Reading.  And Comprehension. Both are important.

Study up on what effective tax rate means. All people are subject to the same IRS taxation rates before deductions. Are you telling me a noted liberal is lying on his taxes and cheating your benevolent government?
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Post  Jammer Mon Aug 06, 2018 6:17 pm

Darth Cheney wrote:
Shortie's Ex wrote:
Darth Cheney wrote:
His secretary must earn some serious cash if she pays more income taxes as the liberals claim.

I guess this was your contribution (buried within Mr Red Jammer's quote).  

Liberals do not claim this and neither does Mr Buffett.  He indicates that his effective tax rate is less than his secretary.   Not the total tax obligation as you erroneously indicated with your drivel.

Reading.  And Comprehension.  Both are important.

Study up on what effective tax rate means. All people are subject to the same IRS taxation rates before deductions. Are you telling me a noted liberal is lying on his taxes and cheating your benevolent government?

It does no good to argue either a math or a money issue with a liberal.  They are clueless as none of them can count to 10 by memory and nothing ever adds up for them.  And when it comes to money, they never have enough of YOUR money.  

And think about the issue of taxation to illustrate just how EVIL these cretins are.  When there is a reduction in the tax rate, they complain that the greedy Republicans are giving all the tax savings to themselves because none of the parasitic liberals who don’t pay any taxes received any financial benefit from the new lower tax rates.


LIBERALISM IS EVIL
AND LIBERALS ARE THE DEVIL HIMSELF

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Post  Shortie's Ex Mon Aug 06, 2018 7:33 pm

Jammer wrote:
Darth Cheney wrote:
Shortie's Ex wrote:
Darth Cheney wrote:
His secretary must earn some serious cash if she pays more income taxes as the liberals claim.

I guess this was your contribution (buried within Mr Red Jammer's quote).  

Liberals do not claim this and neither does Mr Buffett.  He indicates that his effective tax rate is less than his secretary.   Not the total tax obligation as you erroneously indicated with your drivel.

Reading.  And Comprehension.  Both are important.

Study up on what effective tax rate means. All people are subject to the same IRS taxation rates before deductions. Are you telling me a noted liberal is lying on his taxes and cheating your benevolent government?

It does no good to argue either a math or a money issue with a liberal.  They are clueless as none of them can count to 10 by memory and nothing ever adds up for them.  And when it comes to money, they never have enough of YOUR money.  

And think about the issue of taxation to illustrate just how EVIL these cretins are.  When there is a reduction in the tax rate, they complain that the greedy Republicans are giving all the tax savings to themselves because none of the parasitic liberals who don’t pay any taxes received any financial benefit from the new lower tax rates.


LIBERALISM IS EVIL
AND LIBERALS ARE THE DEVIL HIMSELF

When someone (like Darth) is dead wrong and incorrect, would you still consider that he is "arguing" ?

And pay attention.  You will have an opportunity to learn the same thing as Darth.
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Post  Shortie's Ex Mon Aug 06, 2018 7:56 pm

Darth Cheney wrote:
Shortie's Ex wrote:
Darth Cheney wrote:
His secretary must earn some serious cash if she pays more income taxes as the liberals claim.

I guess this was your contribution (buried within Mr Red Jammer's quote).  

Liberals do not claim this and neither does Mr Buffett.  He indicates that his effective tax rate is less than his secretary.   Not the total tax obligation as you erroneously indicated with your drivel.

Reading.  And Comprehension.  Both are important.

Study up on what effective tax rate means. All people are subject to the same IRS taxation rates before deductions. Are you telling me a noted liberal is lying on his taxes and cheating your benevolent government?

Wrong !!!!  

Only people of the same filing status (Single, Married, Married, Filing Separately) and same stratified level of taxable income (see chart below) have the same tax rate.
Here are the tax rates for single taxpayers from tax year 2015.

Single:

Taxable Income           Tax Rate
$0 to $9,225           10%
$9,226 to $37,450   $922.50 plus 15% of the amount over $9,225
$37,451 to $90,750   $5,156.25 plus 25% of the amount over $37,450
$90,751 to $189,300   $18,481.25 plus 28% of the amount over $90,750
$189,301 to $411,500   $46,075.25 plus 33% of the amount over $189,300
$411,501 to $413,200   $119,401.25 plus 35% of the amount over $411,500
$413,201 or more   $119,996.25 plus 39.6% of the amount over $413,200

These rates are not the same for all people.
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Post  Darth Cheney Mon Aug 06, 2018 8:21 pm

Shortie's Ex wrote:
Darth Cheney wrote:
Shortie's Ex wrote:
Darth Cheney wrote:
His secretary must earn some serious cash if she pays more income taxes as the liberals claim.

I guess this was your contribution (buried within Mr Red Jammer's quote).  

Liberals do not claim this and neither does Mr Buffett.  He indicates that his effective tax rate is less than his secretary.   Not the total tax obligation as you erroneously indicated with your drivel.

Reading.  And Comprehension.  Both are important.

Study up on what effective tax rate means. All people are subject to the same IRS taxation rates before deductions. Are you telling me a noted liberal is lying on his taxes and cheating your benevolent government?

Wrong !!!!  

Only people of the same filing status (Single, Married, Married, Filing Separately) and same stratified level of taxable income (see chart below) have the same tax rate.
Here are the tax rates for single taxpayers from tax year 2015.

Single:

Taxable Income           Tax Rate
$0 to $9,225           10%
$9,226 to $37,450   $922.50 plus 15% of the amount over $9,225
$37,451 to $90,750   $5,156.25 plus 25% of the amount over $37,450
$90,751 to $189,300   $18,481.25 plus 28% of the amount over $90,750
$189,301 to $411,500   $46,075.25 plus 33% of the amount over $189,300
$411,501 to $413,200   $119,401.25 plus 35% of the amount over $411,500
$413,201 or more   $119,996.25 plus 39.6% of the amount over $413,200

These rates are not the same for all people.

I'm really dealing with limited intelligence I can tell. Can you show me where some people are not held to the rates YOU listed? Are you seriously trying to argue that the wealthy pay much higher rates, percentage wise, that low wage earners? You are too stupid to try and have an intelligent conversation. I pay more income taxes every year than you will pay over your lifetime slug. To think my hard earned money which is confiscated by the government helps fund idiots like yourself makes me want to leave this once Great Nation.
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Post  Jammer Mon Aug 06, 2018 8:37 pm

Darth Cheney wrote:
Shortie's Ex wrote:
Darth Cheney wrote:
Shortie's Ex wrote:
Darth Cheney wrote:
His secretary must earn some serious cash if she pays more income taxes as the liberals claim.

I guess this was your contribution (buried within Mr Red Jammer's quote).  

Liberals do not claim this and neither does Mr Buffett.  He indicates that his effective tax rate is less than his secretary.   Not the total tax obligation as you erroneously indicated with your drivel.

Reading.  And Comprehension.  Both are important.

Study up on what effective tax rate means. All people are subject to the same IRS taxation rates before deductions. Are you telling me a noted liberal is lying on his taxes and cheating your benevolent government?

Wrong !!!!  

Only people of the same filing status (Single, Married, Married, Filing Separately) and same stratified level of taxable income (see chart below) have the same tax rate.
Here are the tax rates for single taxpayers from tax year 2015.

Single:

Taxable Income           Tax Rate
$0 to $9,225           10%
$9,226 to $37,450   $922.50 plus 15% of the amount over $9,225
$37,451 to $90,750   $5,156.25 plus 25% of the amount over $37,450
$90,751 to $189,300   $18,481.25 plus 28% of the amount over $90,750
$189,301 to $411,500   $46,075.25 plus 33% of the amount over $189,300
$411,501 to $413,200   $119,401.25 plus 35% of the amount over $411,500
$413,201 or more   $119,996.25 plus 39.6% of the amount over $413,200

These rates are not the same for all people.

I'm really dealing with limited intelligence I can tell. Can you show me where some people are not held to the rates YOU listed? Are you seriously trying to argue that the wealthy pay much higher rates, percentage wise, that low wage earners? You are too stupid to try and have an intelligent conversation. I pay more income taxes every year than you will pay over your lifetime slug. To think my hard earned money which is confiscated by the government helps fund idiots like yourself makes me want to leave this once Great Nation.

Hey guy, you could spot a liberal the "p" and they couldn't spell pH.  And please don't ever ask them to explain what it means.  Half of them get it confused with PU and that is the top half of the class.
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