Buffett: Tax Me and My Mega-Rich Friends

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Originally Posted by onmyknees

Your pretty charts and graphs are not sourced....where they from....Media Matters? LMAO

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Why are you "laughing your ass off" about this? Do you think that Media Matters provides economic policy analysis? Cuz they don't. They do provide the necessary service as a watchdog over a rightwing propaganda machine (is this where you would write LOL?)

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Originally Posted by onmyknees

Your economic Keynesian agenda has been put to the test for the past 3 years...now what's your argument....?

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No semantic games here, just flat out wrong. The stimulus brought the economy out of a tailspin. Now that the stimulus is ending we see a return to recession providing total confirmation of Keynesian predictions. Meanwhile the failure of austerity programs here and abroad debunk the cut & cap hogwash.

There is no secret about the best way to tax people: it is to ensure that the tax system is simple. Complex tax arrangements generate litigation, which is great for lawyers but a time-consuming nightmare for everyone else. All you need to decide now is what it is that you want to tax: income, property, capital gains, and so on: the most elusive source of tax revenue I suspect must be 'offshore' whether that it is a business or an account, but as long as the tax system is simple it is harder to evade it, and tax collection becomes more effective. Ultimately, you need jobs; like the UK, right now you are taxing a diminishing pool of resources.

http://www.nytimes.com/2011/09/23/op...-contract.html

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Originally Posted by trish

http://www.nytimes.com/2011/09/23/op...-contract.html

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Thanks for this article by Paul Krugman trish. As Krugman points out: " What we know for sure, however, is that policy has consistently tilted to the advantage of the wealthy as opposed to the middle class." And Adam Smith pointed this out over 200 years ago. That merchants and manufacturers are going to control, as it were, government/public policy to meet their own [selfish] interests regardless of the grievous impact on others. Namely the population... :)
The good economist Dean Baker has pointed this out, too:

The Conservative Nanny State Pt. 1 - YouTube

Elizabeth Warren on Debt Crisis, Fair Taxation - YouTube

Elizabeth Warren is awesome.

It's a shame common sense and the courage to say it is so rare.

I LOVE Elizabeth Warren!!

They're going to try to destroy her(from both sides of the political aisle), but if she's elected U.S. Senator from Massachusetts, In 2016 she'd be at the top of my list for Democratic presidential candidates.

IMO there hasn't been anyone like her rising on the political scene in decades.
No more mama grizzlies please.

More Joan of Arcs.

Righteous, courageous, not from money, hyper-intelligent AND cannot be bought.

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Originally Posted by trish

Elizabeth Warren is awesome.

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She definitely is.