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Dahobbs

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Posts posted by Dahobbs

  1. 13 minutes ago, Fozzz said:

    I guarantee each of them supported his tax cut. 

     

    Well shit, looks like Gates didn’t. So you got me there. 

    Quote

     

    Billionaire Microsoft co-founder Bill Gates is worth an estimated $91.8 billion, and he pays billions in taxes to the federal government. But he says he should be paying even more.

    "I need to pay higher taxes," he told CNN's Fareed Zakaria during a recent interview. "I've paid more taxes, over $10 billion, than anyone else, but the government should require people in my position to pay significantly higher taxes."

    Gates' comments came on the heels of a criticism of 2017's GOP tax reform.

     

    "It was not a progressive tax bill, it was a regressive tax bill," he told Zakaria. "People who are wealthier tend to get dramatically more benefits than the middle class or those who are poorer. It runs counter to the general trend you'd like to see, where the safety net is getting stronger and those at the top are paying higher taxes."

    https://www.cnbc.com/2018/02/21/bill-gates-has-paid-10-billion-in-taxes-and-says-he-should-pay-more.html

     

     

     

    Warren Buffett, one of the richest men in the country, wants to pay more taxes and thinks his super-rich friends should too.

    Buffett, who is estimated to be worth more than $47 billion, called on Congress to commit to "shared sacrifice" and raise taxes on people earning more than $1 million. Buffett said the rich are "coddled" by Congress "as if we were spotted owls or some other endangered species."

    "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," Buffett wrote in a Sunday New York Times Op-ed.

    https://abcnews.go.com/Politics/warren-buffett-raise-taxes-wealthy-friends/story?id=14307993

     

    And here is a more recent article by Buffett:

     

     

     

    This game of economic miracles is in its early innings. Americans will benefit from far more and better “stuff” in the future. The challenge will be to have this bounty deliver a better life to the disrupted as well as to the disrupters. And on this matter, many Americans are justifiably worried.

    Let’s think again about 1930. Imagine someone then predicting that real per capita GDP would increase sixfold during my lifetime. My parents would have immediately dismissed such a gain as impossible. If somehow, though, they could have imagined it actually transpiring, they would concurrently have predicted something close to universal prosperity.

    Instead, another invention of the ensuing decades, the Forbes 400, paints a far different picture. Between the first computation in 1982 and today, the wealth of the 400 increased 29-fold–from $93 billion to $2.7 trillion–while many millions of hardworking citizens remained stuck on an economic treadmill. During this period, the tsunami of wealth didn’t trickle down. It surged upward.

    In 1776, America set off to unleash human potential by combining market economics, the rule of law and equality of opportunity. This foundation was an act of genius that in only 241 years converted our original villages and prairies into $96 trillion of wealth.

    The market system, however, has also left many people hopelessly behind, particularly as it has become ever more specialized. These devastating side effects can be ameliorated: a rich family takes care of all its children, not just those with talents valued by the marketplace.

    In the years of growth that certainly lie ahead, I have no doubt that America can both deliver riches to many and a decent life to all. We must not settle for less.

     

     

     

  2. 4 minutes ago, Fozzz said:

    Outside of his trade shenanigans they by and large do support his admin’s policies. 

    Yeah, I guess Bezos is all about the Trump, right? Gates? Musk? Huge supporters obviously, since they represent the 1% of the 1%. 

  3. 1 minute ago, GRHorn said:

    Trump was the result of a unique storm, but if establishment politicians had been doing an adequate job he wouldn't have been near the threat he became.  Then when it came down to it, a sufficient amount of Americans chose the total wildcard over the standard for the establishment (HRC).  I interpret that as people being fed up with the usual.  Otherwise why choose such uncertainty?

    Because they finally had a politician that gave them license to do what they've been wanting to do, hate other people? While I don't think that is the majority of Trump's base, and absolutely believe (and can fucking see) that it is a huge part of it.

  4. 1 minute ago, Fozzz said:

    The wealthy use the olds to put their representatives into power by playing upon cultural grievances, but the olds as a class obviously do not dictate Republican policy as that policy is often hostile to their material interests. The wealthy are the ones in the driver seat here. 

    Sure. Keep passing the buck. It's not like the mega-wealthy all benefit from or even support Trump and his policies. 

  5. 33 minutes ago, GRHorn said:

    This is my big problem with people going apeshit over Trump, having a prolonged Mueller investigation looking for anything to pin on him.  So much of it is denial or trying to question his legitimacy.  He won.  Whether you like it or not your fellow citizens were fed up enough with same old politicians that they decided to roll the dice on the unknown. It's unprecedented and scary, but it was the will of the people. 

    Bullshit.  There are serious reasons to question not only his competence to serve but whether he or his campaign betrayed their country for their own gain. You choosing not to see that is all on you and your willingness to accept bullshit. So, my big problem with you is you'd rather not know the truth because your "team" won.  

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