Shocking News: Secretaries Don’t Pay More than Buffett

Yet another liberal lie disposed of  – from the AP:

…There may be individual millionaires who pay taxes at rates lower than middle-income workers. In 2009, 1,470 households filed tax returns with incomes above $1 million yet paid no federal income tax, according to the Internal Revenue Service. But that’s less than 1 percent of the nearly 237,000 returns with incomes above $1 million.

This year, households making more than $1 million will pay an average of 29.1 percent of their income in federal taxes, including income taxes, payroll taxes and other taxes, according to the Tax Policy Center, a Washington think tank.

Households making between $50,000 and $75,000 will pay an average of 15 percent of their income in federal taxes.

Lower-income households will pay less. For example, households making between $40,000 and $50,000 will pay an average of 12.5 percent of their income in federal taxes. Households making between $20,000 and $30,000 will pay 5.7 percent…

Doubling up on the dishonesty is the fact that Buffett routinely takes advantage of every tax break he can – and, indeed, has on-going disputes with the IRS as it claims Buffett owes more than he paid.  The bottom line is that the “millionaires pay more than secretaries” is a lie while the actions of people like Buffett prove that the call for a tax hike isn’t to make the rich “pay their fair share” but to allow Obama to more heavily tax the upper middle class (remember, in Obamunism, “millionaires and billionaires” start at $200,000.00 per year for individual income earners).

All part of the scam, at any rate.  Buffett makes his money off of the current, corrupt way of doing business.  If it weren’t for our Byzantine tax and regulatory codes and the ability of billionaires like Buffett to grease the palms of politicians, Buffett never would have made his money – certainly no where near the billions he currently has.  Buffett is a liberal financial shark who grows fat not out of creating wealth, but by siphoning it off from the productive by means of financial shennanigans.  But this does give Buffett a vested interest in the status quo…if the liberal State is swept away, so will Buffett’s ability to maintain and grow his horde.  And not just for Buffett, but for a host of such economic parasites.

So, come up with bogus stories claiming that secretaries pay more than billionaires, help Obama increase taxes on “the rich” which really works out to tax hikes on middle class people while the Buffetts of the world are unscathed…and finally hope that all the class warfare rhetoric and actions helps Obama get re-elected so the gravy train can keep rolling along.  That is all this was ever about…and it is all it ever will be about until we turn these cretins out.

 

10 thoughts on “Shocking News: Secretaries Don’t Pay More than Buffett

  1. neocon1 September 20, 2011 / 3:51 pm

    If they do it is because he is a BILLION behind in HIS taxes.

    • neocon1 September 20, 2011 / 3:57 pm

      shout it from the house tops

      The chart above is from the Joint Economic Committe (based on 2006 IRS data), showing the percentages of federal personal income tax paid by different groups of taxpayers:

      The top 1% of taxpayers pay about 40% of all income taxes,

      the top 10% pay 71%, and the top 50% pay 97% of all taxes.

      The bottom 50% pays less than 3% of all income taxes paid.

      BS and class warfare pure and simple…marx alinsky 101

      • neocon1 September 20, 2011 / 4:08 pm

        Imagine THAT!!!

        What You’re Not Hearing About the New Jobs Bill: It Overrides State’s Rights

        “a waiver of sovereign immunity

  2. bagni September 20, 2011 / 4:13 pm

    markffet:
    i love you
    but please re-read your post and look in mirror simultaneously
    dude
    you need to find a new job for your sanity
    how ’bout it?

    • neocon1 September 20, 2011 / 4:39 pm

      na nu na nu dork from ork

      maybe as a crewman on your (ahem) “spaceship” ?

    • Mark Edward Noonan September 20, 2011 / 6:36 pm

      Bagni,

      Too true, I’m afraid…but we are some times caught in circumstances…but the day is coming, and it will hopefully be ushered in by Blinded by the Lies.

  3. Sunny September 20, 2011 / 5:04 pm

    Shocking News: There were no weapons of mass destruction in Iraq. And no one died b/c Secretaries do not pay a higher percentage of taxes than the wealthy.

    I am shocked!

    • Mark Edward Noonan September 20, 2011 / 6:37 pm

      Sunny,

      That is a really sad attempt at subject-changing, Sunny.

    • Amazona September 20, 2011 / 6:38 pm

      Not Shocking News At All: Velma is, once again, completely and totally wrong. There were weapons of mass destruction in Iraq. There were weapons of mass destruction used in Iraq, admitted to be in Iraq, claimed to be destroyed in Iraq, admitted to have been moved to Syria from Iraq, and some remained in Iraq to be found by U.S. military personnel.

      Not Shocking News At All: As usual, Velma responds to anything about corruption, lies or incompetence related to the Obama regime by crawling into her Way-Back Machine and strolling through history looking for something she can use in her obsessive hatred of All That Was Bush.

      Not Shocking News At All: Velma misstates the thread post, which never said, implied or hinted that secretaries pay a higher percentage of taxes than the wealthy. In fact, it clearly states that the “wealthy” pay a higher percentage. (It also never mentioned anyone dying.)

      Not Even Close To Being Shocking News: Velma is desperate to try to find or invent anything that she thinks will justify her insane hatred of the previous administration and is quite willing to prove her irrelevance and cluelessness in this pursuit. Velma’s nuts.

  4. David September 20, 2011 / 9:00 pm

    Obama’s plan calls for tax increases on incomes above 1 million dollars (pinky at mouth), not 200,000.

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