General Discussion

erpowers

(9,446 posts)

7. Warren Buffett

Tue Jul 23, 2013, 12:50 PM

Jul 2013

When it was announced that Warren Buffet was giving all, or most of his wealth to the Bill and Melinda Gates Foundation, I felt it would have been better if he had allowed the money to be used to pay for scholarships for students. As for the things on the above list; the richest Americans do not even have to do those things. I would like it if they used their money to create jobs and invest in small businesses. Investing in small businesses would help create jobs. Job creation would help many people in America.

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11 Shocking Things The Richest Americans Could Do For The Country (But Never Would) [View all] DainBramaged Jul 2013 OP

I hate shit like this Dreamer Tatum Jul 2013 #1

The point is that their taxes are way, way too low. ErikJ Jul 2013 #2

Fair point. Dreamer Tatum Jul 2013 #3

If theyre not careful ErikJ Jul 2013 #4

I get that, but how a peasant takes 100,000 shares of AAPL is questionable. Dreamer Tatum Jul 2013 #6

Dividends top tax rate only 20% ErikJ Jul 2013 #8

I agree with you adieu Jul 2013 #16

Historically low since when? Spider Jerusalem Jul 2013 #13

Since WW1 when the top tax rate was 77% on BOTH ErikJ Jul 2013 #14

Interesting, but the wrong way to go about it Kelvin Mace Jul 2013 #5

I think this is more a description of the problem truebluegreen Jul 2013 #12

Warren Buffett erpowers Jul 2013 #7

"Investing in small businesses " DainBramaged Jul 2013 #11

Approach a local Chamber of Commerce adieu Jul 2013 #17

My Plan erpowers Jul 2013 #18

some one time (i.e. temporary) fixes alc Jul 2013 #9

I think this sort of argument ends up promoting the RW line about "confiscating wealth"... JHB Jul 2013 #10

It might be the only way is to threaten them with confiscating ErikJ Jul 2013 #15

K & R Scurrilous Jul 2013 #19

Wow Pablo Guachupita Jul 2013 #20