The enemies of our country and it’s economic health are at it again. And once again they have the support of a selfish, money hungry, purveyor of misconception and class warfare, Warren Buffett.
Warren Buffett says he’s concerned but still takes his deductions
A billionaire who consistently and meticulously has taken every option available to him in order not to pay excess taxes, has once again squeezed out of the slime filled mound of leftist propaganda trying to make the American people think he wants to pay more taxes and that if he and the rest of the “rich” people would do that, all our financial problems would be solved.
It’s not clear what Mr. Buffett has in mind or why he continues to support Obama’s redistribution circus. But what is clear, he expects some very profitable deals for his traitorous collaboration with the left.
The GOP will not stand by their principles
Warren Buffett speaking to a student group at Kansas University School of Business. Photo: Mark Hirschey, CC BY-SA 2.0 Generic License.
We have found that the GOP, once my party, has once again failed to protect their stated agenda and it continues to allow the left to propagate, uninhibited, the lies about income tax rates as well as standing with gazed zombie like trances as they allow, over and over again, Obama and his socialist comrades a free hand in blaming this fiscal crisis on conservative polices.
With this type of help from the party which is supposed to fight for us, it is very hard to see just how much worse it could be if they were actually trying to not help us.
The truth that Warren Buffett wants to hide
TPATH has decided to post just a few pieces of information Warren Buffett, the news media, Obama and the GOP don’t seem to be able to either understand or speak of.
The economy, employment and growth was on roll until 2006 when the Democrats took over the Congress.
Everything has and continues to plummet since then.
The recession was caused by the housing market being over sold, over valued and mortgages given to anyone, regardless of their ability to pay back the loans.
Bush warned the Congress about the dangers of this practice six times, and each time he was reprimanded by the Democrats as being racist. And now, unfettered by the GOP, this collapse was his fault?
Money made from investments is made from income already taxed at earned income rates. That is why it is different. Money taxed from investments is actually taxed twice. Once when it’s earned and again when its invested. To suggest that anyone paying 15% tax rate on investments is not paying his fair share is demagoguery at its highest.
The Warren Buffett Rule would pay for four and a half days
Of course the other big lie, which supports Obama’s ultimate goal of destroying the upper middle class, which says if these rich people just paid more, all would be well, is taken on with great effectiveness by Mark Steyn in this below quote:
If you took every single penny that Warren Buffett has, it’d pay for 4-1/2 days of the US government. This tax-the-rich won’t work. The problem here is the government is way bigger than even the capacity of the rich to sustain it. The Buffett Rule would raise $3.2 billion a year, and take 514 years just to pay off Obama’s 2011 budget deficit.
The question one needs to ask is this:
Why can’t the GOP stand up and say these things instead of trashing conservatives and acquiescing to the demands of the left?