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Old 05-08-2008, 08:53 PM
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Originally Posted by justabubba View Post
why would it be far fetched for a billionaire who also cares about America to suggest raising taxes on the wealthy ... that is exactly what another astute financial sage, Warren Buffett, has advocated
Did you watch the video? Did you not know that about 36% of the people claiming capital gains make under 50K? Knowing how to make money doesn't mean they know about taxes and consequences. They pay people to know those things for them.

BTW, Buffett is lying when he says his secretary pays 32% in federal income tax on an income of 60K. Even if she is single with no deductions, the most she paid was 19%.
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