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Warren Buffet, shut your pie hole already



December 12, 2012 – Comments (7) | RELATED TICKERS: BRK-A , BRK-B

In the next edition of Merriam-Webster, under the definition of “hypocrite”, I suggest the smiling visage of Mr. B eating a Dairy Queen ice cream cone.

I am getting sick and tired of his pronouncements that the rich should pay more in taxes. OK, Mr. Billionaire, put your money where your mouth is: write a check to the IRS for the official fund to retire the US gov't debt (yes, there is such a thing).

No? What a surprise.

Today, he announced that his company (whose class “A” shares go for in excess of $100,000) has cashed out more than a $billion worth of shares owned by an anonymous estate, so the latter can avoid the infamous death tax.

Bite me.


7 Comments – Post Your Own

#1) On December 12, 2012 at 10:20 PM, awallejr (35.87) wrote:

Umm, he did one thing better.  He is GIVING IT ALL AWAY to charity along with Gates.

Personally I think billionaires should not be allowed to exist.  They should be taxed to oblivion at a certain point.  I don't mind wealth.  I hate obscene wealth.  But since the guy is giving it away I have to give him a pass. That is what I would do if my situation was his.  So I judge him accordingly.

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#2) On December 13, 2012 at 3:23 AM, valuemoney (< 20) wrote:

If he just did it it wouldn't help much. He is saying everyone do it and he would too. I keep hearing the same thing you are saying about Warren from every republican out there. I wish you would shut your pie hole already. I agree with what awallejr commented. How can he be a "hypocrite” if he is giving all his money away to the Gates charity?

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#3) On December 13, 2012 at 3:38 AM, valuemoney (< 20) wrote:

Warren is trying to help with the debt problem. He has stated he liked Simpson/Boles plan. The problem is people like you saying the stuff you are saying and hindering the process instead of helping. Jeepers, you should be a congressman and represent the teaparty. If only I see more blogs that state that is part of the solution and the other 2/3 is spending cuts that would help a little more. Demicrats are the same. They just keep talking about the revenue increases and are too scared to mention what entilements they are willing to cut. I see congressman on CNBC every day and almost none of them will answer a question straight forward. The president is the same.

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#4) On December 13, 2012 at 1:14 PM, JaysRage (76.27) wrote:

Buffett is always willing to spend other people's money to close the deficit.   He will not pay one penny more in taxes, even if there is a "Buffett rule".    He only takes a $100,000 salary.    He never sells his stocks.   He's going to donate his entire estate to charity.   His dividends are taxed at 15%.   

I agree that it's fair to call Buffett a hypocrite.   

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#5) On December 14, 2012 at 2:28 AM, Valyooo (37.91) wrote:

Isn't he giving his money away AFTER HE DIES?  Who cares?  Hell when I die, take all my money and feed me to wolves.

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#6) On December 17, 2012 at 8:38 PM, ChrisGraley (28.63) wrote:

awllejr and valuemoney need to look up the term "robber baron' in the dictionary.

Bill and Melinda Gates charities are where good money goes to die and helps only Bill and Melinda Gates become more popular.

Buffet and Gates are modern day Rockefellers and Carnegies. 

They can invent on conscience after they have made their money.

Kinda like that Nobel guy that killed many with his dynamite. After death he now gives undeserved peace prizes to presidents before they do anything.

Even presidents who continue the same prior attrocities after they are elected. 

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#7) On December 17, 2012 at 11:35 PM, awallejr (35.87) wrote:

Chris you are preaching to the choir with me regarding obscene wealth.  I want it taxed into oblivion because there is no social justification for billionaires to be allowed to exist.

With that said Buffett and Gates are giving it all away.  It doesn't make them saints in my eyes, it just gives them a "pass."

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