If you compare percentages - the famous Oracle of Omaha debate - then that can be deceiving. Buffet pays 15% of his capital gains income - which I think is well over 100 million - but everyone only pays 15% capital gains income tax. This is an incentive to get people to save. Problem lies on both sides of the aisle for decades with issues in the tax code like this. Do most people who make less than $250k need this incentive? I think so. Does someone who is worth over $1B - no.
Then again, can't charge too much in taxes otherwise the rich will leave. Look at Greece, France and even one of the Facebook founders.
Plenty of blame to go around but let's get the facts right.
Actually the proper answer to the Buffet "I pay a lower rate than my secretary" hoax is that he pays 15% capital gains, AND as the largest shareholder of Berkshire Hathaway he pays 35% corporate tax on top of that, for a total of ~50%.
I'm not a political person but I do have my opinion and love observing people's opinions.
It's interesting to see people wanting to vote for a person whose 4 year agenda needs 4 more years to complete.
It's also interesting to see people wanting to for a person whose views are some'what archaic in comparison to his competition.
It's very entertaining to see both sides call each other names and pointing fingers but not discussing the true issues that Americans are on their knees to receive answers for.
American billionaires own American Corporations who you and I probably work for. Take away two of those from the equation and what do you have?
I've never been a fan of the Robin Hood complex but I do believe it's a national duty to help out others in need.
My point being... They're both Monsters... choose wisely.
Politics!
Ah, the good 'ol "I'm above it" routine. You claim to not be political, yet you fault Obama not for the substance of his agenda, but the speed at which he has implemented it (i.e. not fast enough). You fault Romney for his agenda being "archaic".
Given that Obama is more socialist leaning, and Romney is more capitalist leaning (though Obama is probably more of a socialist than Romney is a capitalist, just Obama is being stalled by the system), you have effectively endorsed Obama's socialist "Agenda of the Future™" (i.e. the non-archaic one), and essentially paralleled the Democratic Party's on election slogan "Forwards".
National duty to help out others in need? How is this apolitical in the least? You've effectively stated your philosophy as Altruism, and by proclaiming it to be a "national duty", you've advocated that the entire population be conscripted into your charitable plan through use of government force.
How apolitical a person you are!
